For many people, it’s easy to slip into credit card debt. In fact, information from the U.S. Census Bureau and the Federal Reserve reports that more than 40% of households are held up by credit card debt, with the average American family holding balances of just under $6,000.

Unfortunately, credit card debt isn’t one of those problems that will resolve itself. That’s why New Era Debt Solutions urges our clients to be proactive when it comes to taking control over their finances. So before throwing in the towel and filing for bankruptcy, consider these four other debt relief options:

March Madness is upon us! But no matter what college colors you’re donning this season, there’s one we’re diehard fans of – green, of course; the color of cash.

Because there aren’t any major gift-giving holidays happening in March, it can be easy for some people to neglect budgeting for some of the big-ticket items in their life, such as the cost of hiring a tax preparer, their child’s first prom, or tickets to a March Madness game.

New Era Debt Solutions provides the following tips to help you budget better and score big savings:

Whether you’ve been in the workforce for a year or 50 years, you should most definitely be thinking about saving for retirement. A little goes a long way, especially if you start early. A 401K is just one of the many options that can help you plan ahead for your retirement and save responsibly.

Below are some factors you may want to consider when deciding to participate or opt out of a 401K plan.

Many people have a dream job but settle for employment that is safe, stable and predictable. In fact, The Balance reports that a survey of 5,000 Americans reported that less than half of the participants said they were satisfied at their jobs – a significant decrease from the 61% of employees who said they were satisfied in 1987.
But what if you could change your outlook by changing your hustle? If you have marketable job skills that you can translate into a paying gig, you’ll have the chance to be your own boss, set your own hours, and possibly make more money than you would at a traditional 9-5 job.