October and November are always busy months over at American Consumer Credit Counseling as we get ready for the holidays and plan our holiday budgeting and spending plans. Take a few minutes and learn more about what the nonprofit credit counseling agency did during the months of October and November.
Katie Ross, Education & Development Manager, gave her advice and expertise on six reasons to quit a loyalty program. To read Katie’s reasoning behind quitting a loyalty program, check out CreditCards.com and Fox Business.
While many weddings actually happen in the spring and summer, much of the planning begins in the fall. This fall there were many trends in wedding planning including an increasing number of weekday weddings. Is this a sign of the economic times? Reynolds Center referenced the results from a recent ACCC poll regarding the cost of attending and participating in a wedding. Check out the article here and for interesting statistics about the cost of attending a wedding, check out ACCC’s infographic.
As we all know, the U.S. government shut down during the first half of October and many government workers were furloughed. There is also the potential that a default in January could have significant financial consequences on consumers. Read these tips from ACCC to stay in the know and be financially prepared for the future.
Another recent ACCC poll revealed that an estimated 80 percent of consumer spending in the U.S. is cashless. Curious what type of purchases consumers use cash for and which they use plastic for? Check out ACCC’s cash versus card infographic and read the release for more specific statistics.
Speaking of cash, we did a lot of work preparing our holiday budgets in October and November and Kathleen challenged herself to a cash-only holiday. To follow Kathleen’s journey, check out her first post here. Community Educator Matthew Paradise offered tips on how to have a cash-only holiday and on budgeting and credit card debt for the holiday season. Watch Matt’s segment on Fox 25 Boston here.
Just a few weeks ago, many of us hosted Thanksgiving and CEO Steven Trumble gave his best tips for hosting Thanksgiving on a budget. Check out his suggestions here.
The holidays are the season of giving and 82% of consumers said they would loan money to a family member in need. Check out the results of ACCC’s poll about lending money to family and friends in this release and this infographic.
Check back after the holidays to learn about everything ACCC has planned for December!