Financial Empowerment for Seniors: Strategies to Secure a Stable Financial Future

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Retirement marks a pivotal milestone in an individual's life. It's a period filled with opportunities for relaxation, travel, pursuing hobbies, and spending time with loved ones. However, to ensure that this chapter is as enjoyable and stress-free as it should be, financial empowerment is crucial. Here are some strategies that can equip seniors with the knowledge and tools to secure a stable financial future.
Helene Raynaud, CEO and president of Consumer Credit Counseling Service of Maryland and Delaware, a nonprofit offering debt relief programs. (Kim Hairston/Baltimore Sun)

“Maryland consumers struggle under the weight of credit card debt amid high inflation and interest rates” via Baltimore Sun

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CCCSMD was recently featured in a Baltimore Sun article exploring how Maryland consumers are struggling under the weight of credit card debt amid high inflation and interest rates.

How to Budget for Auto Expenses: A Simple Guide to Saving Money on Your Car

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Buying a new, or ‘new to you’ car is very exciting, though it can also be very expensive. We have assembled a few tips to save money, from driving at the speed limit to using the manufacturer's recommended fuel type. There are several simple steps you can take to help keep your car running smoothly and to reduce your overall costs.
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Can I Get Another Loan If I Already Have One?

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As of the fourth quarter of 2022, consumers held personal loans with an average balance of $11,116. Personal loans can be helpful when used wisely, but they can become a debt trap if not appropriately handled. There may be unforeseen circumstances where you find yourself in a situation where you need more money than your loan can provide. You may start wondering if you can take out another loan. This article explores whether you can obtain multiple loans and what factors to consider before taking on additional debt.
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Guidewell Financial Joins National Network of Financial Services Innovators

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Guidewell Financial Solutions , a certified, nonprofit housing and credit counseling provider, has joined the Center for Financial Services Innovation (CFSI) - a national network focused on consumer financial health – on Financial…
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Happy Small Business Week, From Our Small Business to Yours

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The national Small Business Week logo may feature a series of storefronts, but as a leading nonprofit financial counselor for small business owners, we know that many of them operate outside of Main Street, USA. Maryland has more than 580,000…
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Storm Proofing Your Finances

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        They say a tree with strong roots can withstand all storms. The old adage rings true in nature, but also for many people when it comes to safe-guarding personal finances. Guidewell Financial Solutions works to educate…
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What the Equifax Data Breach Means for You

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WHAT THE EQUIFAX DATA BREACH MEANS FOR YOU: Guidewell Financial Solutions Identifies Ways You Can Protect YourselfReports estimate that nearly 143 million U.S. consumers were affected by the recent Equifax data breach.  In the era of becoming…