Kevin O’Leary, also known as “Mr. Wonderful,” recently shared some advice on CNBC about financial success and the importance of proper budgeting.
Need to Get Out of Debt?
Simple Ways You Can Get Out of Debt (Now)
When you find yourself deep in debt, its quite an overwhelming feeling. While the bills keep piling up, you are barely making your minimum monthly payments on loans and credit card balances.
Is there a way out of credit card debt?
Yes. Our free debt relief guide can show you how to get out of debt - and stay out of debt for good.
Baby boomers have the second-highest debt burden of any generation – a study by Experian has found that people between the ages of 55-73 have an average debt of $95,095.
Americans have paid down more than $100 billion in credit card debt since March of 2020, according to the Federal Reserve – bringing total credit card debt below $1 trillion for the first time in 3 years.
COVID-19, or the Chinese Virus as some call it, is creating a massive storm of bankruptcies throughout the U.S. Some businesses now find themselves struggling to stay afloat.
Chapter 11 bankruptcy is often referred to as a “reorganization” bankruptcy, and if that name seems to take a rather light tone with a serious financial situation, it’s because Chapter 11 doesn’t necessarily spell financial ruin for businesses that handle the situation tactfully.