#CreditChat Wednesday | 3 p.m.
ET How to Juggle Debt & Retirement

Join our #CreditChat every Wednesday
at 3 p.m. ET. This week, “we talked about juggling debt and retirement planning. Check Out All the Tweets and Resources: bit.ly/juggle-debt

#CreditChat Wednesdays | 3 p.m.
ET What is it easy to fall into debt?

#CreditChat No one ever intends
to go into debt. Tweet by @NFCCdebtadvice

#CreditChat Job loss is any
easy way to fall into debt. T w ee t by @ AdvantageCSS

#CreditChat Credit cards are incredibly
tempting and that debt can grow fast. Tweet by @AmericaSaves

#CreditChat Shopping sprees can be
an easy way to fall into debt. Tweet by @AdvantageCCS

#CreditChat Easiest debts to get
into: credit cards, personal loans and clothing accounts Tweet by @DeeOnMoneyZA

Not having an emergency fund
can result in unexpected debt. #CreditChat Tweet by @MoneyCrashers

#CreditChat Wednesdays | 3 p.m.
ET How does emotion impact the way we spend money?

Fear, insecurities and stress can
lead to retail therapy. #CreditChat Tweet by @CreditDotOrg

We spend to feel comforted,
but need to keep spending to feel that same joy. Spending makes many feel in control. Tweet by @Phroogal #CreditChat

#CreditChat Spending money because we
think we “deserve” something. Tweet by @SenseofCents

#CreditChat Emotional spending stems from
conflating consumer goods with happiness & mentality of paying away problems. Tweet by @FrugalWoods

Avoid emotional spending at all
cost. #CreditChat Tweet by @GraceKvantas

When people spend for emotional
reasons they think it may solve a problem or add temporary relief. Tweet by @NFCCdebtadvice #CreditChat

#CreditChat Emotions and psychology play
a huge role in how we spend (and save) our money. Tweet by @Magnify_Money

#CreditChat Wednesdays | 3 p.m.
ET What advice do you have for those struggling with debt?

#CreditChat Prioritize. Set a goal.
Make a plan. Seek out help. Tweet by @AmericaSaves

#CreditChat If you’re stuck with
a debt load with high interest rates, focus on paying that off. Tweet by @TeamFSINC

Ask for help from a
financial professional before you get in too deep. Tweet by @MSMadamMoney #CreditChat

#CreditChat Don’t ignore it. Debt
has no feelings. Face it head on with a plan. Tweet by @YoungFinances

Don’t panic. Stop spending, sit
down and review your b u dget line by line. Identify where you can save. Tweet by @FrugalWoods #CreditChat

#CreditChat Set money aside for
unexpected expenses and emergencies Tweet by @NFCCdebtadvice

#CreditChat Put together a detailed
plan to get out of debt faster. Tweet by @Quizzle

Teach your teens to create
an emergency fund early Tweet by @FamZoo #CreditChat to avoid early debt traps.

#CreditChat Make financial decisions with
your head, not your heart. Tweet by @NFCCdebtadvice

#CreditChat Maybe we need more
impulse saving. Tweet by @csmithraleigh

#CreditChat Wednesdays | 3 p.m.
ET How much money should go toward retirement vs. paying off debt?

#CreditChat Don’t wait to start
investing in your retirement o r you’ll miss out on compound interest. Tweet by @MoneyCrashers

#CreditChat Important to tackle saving
and debt pay down simultaneously. Tweet by @csmithraleigh

#CreditChat Don’t put off saving
for retirement. Attack your debt fiercely. Tweet by @DeeOnMoneyZA

Jumpstart your teen on retirement
saving. Tweet by @FamZoo #CreditChat Set up Roth IRA and seed with some of first summer job + parents match.

#CreditChat Decide to stop growing
your debt, and work on a repayment plan. Make sure it’s realistic. Be as ruthless. Tweet by @DeeOnMoneyZA

#CreditChat Wednesdays | 3 p.m.
ET What are some mistakes to avoid when investing for the future?

Make sure you know the
fees you’re paying on investments. Don’t be losing too much money in the fine print. Tweet by @magnify_money

#CreditChat When investing, avoid the
urge to pull your money when the market drops. Tweet by @JayneMakesCents

#CreditChat One of the biggest
mistakes is NOT saving enough! Think of inflation and what things will cost when you are retired. Tweet by @AdvantageCSS

#CreditChat Believe in the power
of compounding interest. And don’t pull money out of 401(K) or taxable investments prematurely! Tweet by @FrugalWoods

Don’t let recent years scare
you off from investing. S tay diversified to protect you from swings. Tweet by @YoungFinances

#CreditChat Wednesdays | 3 p.m.
ET Check out all the resources and tips shared: bit.ly/juggle-debt

Subscribe & Check Out: