Revamp your Personal Finances

We call this service our personal finance service. It is usually offered to clients before our finance consulting service. It is designed to help you get your finances back in order so that we can work to maintain your financial situation in the future.

• Mindset

While there are some extenuating circumstances that cause people to go into debt or get into financial difficulty, most Americans have this problem due to their mindset. Americans like to spend money. The ability to spend money, using credit cards or loans is a status symbol. The first step is to get you out of this mindset so that you see money as a survival tool. We will work to educate you about your financial situation. Don't feel bad about yourself because the average American family has almost $10,000 in credit card debt.

• Budget

A good budget is necessary when beginning any financial regimen. Like a diet, there are many different approaches, some which work, and some which don't. We will go over all of your options with you to improve cash flow, pay off debt, and still have some discretionary spending money.

• Extra Income

It's no real secret. No matter how good the financial planner, you must bring in more money than you are paying out. The budgeting step is designed to decrease expenditures, but sometimes you simply aren't making enough money to purchase essentials, especially when you have a family. We will help you determine a way for you to make money on the side that is enjoyable for you. If you don't enjoy it, you will simply be doing it for the money, and will therefore not put in the necessary time to advance. There are many opportunities to earn extra money, and we will help you find them.

• Debt Payments

It is very important to pay down debt. Many Americans have several different forms of debt including credit cards, student loans, car loans, and the big one: the Mortgage. We will develop a plan to pay off the debt. It is important to know every month exactly how much you are going to put to exactly which card. Many credit cards have different interest rates, and different policies, and we will help you determine the quickest, most efficient, and best way to pay off your debt.

• Credit Rating

When you go through a period of financial difficulty, your credit rating usually comes out much lower at the other end. The good news is that it can be cured. We will help you get your credit rating back up. There is no quick fix. It requires effort, knowledge, and a lot of time, but with all three of those, your score may get close to what it was before. The common myth is that if you don't borrow again, your credit score is irrelevant. Unfortunately, insurance companies, landlords, employers, and many others use this number to determine what type of a person you are so it's important to get this score back up.

• Bankruptcy

Bankruptcy should always be a last resort, and we have yet to recommend bankruptcy to a client. However, all good financial advisors must keep it in the back of their mind because sometimes, it is necessary. If we find that it's your only option, we will work with you to find a top attorney, and to get your financial statements ready for the attorney and judge so that you may look organized and responsible. It is important to them that you plan on getting your finances back on track.

While these are the main services we offer to individuals rebuilding their finances, it is definitely not an exhaustive list. If you would like help with a different sector of your financial life, let us know and we will see what we can do.