Remove Assets Remove Budgeting Remove Financial Counseling
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How Consumer Credit Counseling Works

Clever Girl Finance

Your counselor might suggest how you can budget or reduce your expenses (maybe with a low-buy year) to pay off your debt as quickly as possible. If your current income is not enough to pay off your debt, a counselor might recommend another type of counseling, such as a Debt Management Plan (DMP). Department of Justice.

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Transcript: Ramit Sethi

The Big Picture

I’ll tell you something funny and people you know, we never quite had that accusation, but for the better part of 15 years before I started accepting capital, it was, “Hey, everybody’s telling you how to manage your assets the wrong way. We’re going to get a budget. Everybody hates the word budget.

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Transcript: John Hope Bryant

The Big Picture

And as well-meaning as financial literacy is, it’s got two problems. One, it doesn’t have a budget allocation from Congress. They’re a budget, they’re a check writing organization. I wanted to be able to reach into my own pocketbook and to write my own check, which meant I needed assets.

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