Fresh Start: NBC Washington
Ericka Gonzalez, Consumer reporter and anchor for NBC Washington
Have you been following the NBC Washington segment, "Fresh Start" with Ericka Gonzalez? She has been doing daily news reports on getting your finances fit for 2015.
Here are featured tips on getting out of debt:
- Contact creditors for a payment plan
- Ask about loan forgiveness
- Pay debts with the highest interest rate first
- Borrow money from a family member or credit union, not credit card
Moving past debt, Gonzalez says to:
- Use cash for purchases (people who use credit spend more)
- Start saving a small amount each pay. The goal is 3-6 months of living expenses. (Encourages $20/pay starting now will give you a little over $1,000 this time next year).
You can learn more by viewing videos on www.nbcwashington.com and searching "fresh start." You can also look for tips from viewers on twitter using #freshstart.
Share your tip for a financial fresh start!
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