Coping with a Changing Financial Picture – FEMA

Excerpt from FEMA's publication showcases the challenges of coping with a changing financial picture in the face of the ongoing pandemic. The Federal Emergency Management Agency (FEMA) looked to GreenPath to provide insight for their monthly individual and community preparedness publication. The message put the focus...

Reverse Mortgage Counselors: People More Informed, Resources Strained During Pandemic – Reverse Mortgage Daily

Excerpt from Reverse Daily Mortgage showcases the impact the ongoing pandemic has made on those seeking information on reverse mortgages. Based on observations from reverse mortgage counselors, those seeking information are better-prepared for their counseling sessions regarding their understanding of the reverse mortgage...

Managing Debt in the Time of COVID

  • July 8, 2020
  • By: Greenpath Financial Wellness
  • Category: Coronavirus, Debt

In the early weeks of the pandemic, understanding the economic impact of the crisis was on the minds of most of us.  A specific concern was managing debt in the time of COVID.  The roll-out of forbearance programs as part of the CARES Act gave relief to millions of households and gave Congress time to bolster...

3 Things to Know about the July 15 Tax Deadline

We’ve all had to adjust to many changes in this time of the pandemic crisis – from how we shop for groceries in the era of social distancing, to keeping up with managing household finances. Included among these changes is the extended, new deadline to file federal and state income taxes.  In the early weeks of...

Strategies to Negotiate and Pay Bills During COVID-19 – MoneyWise

A MoneyWise article shares GreenPath’s suggested budget strategies amid the pandemic. What's the best way to negotiate and pay bills during COVID-19? The coronavirus crisis has a profound impact on the nation’s economy as well as at the individual level. Sudden income changes, temporary or permanent unemployment, and...

First Time Homebuyer? Make Sure You’re Prepared for These 7 Hidden Costs

As real estate markets re-open across the country, current historically-low mortgage rates may make it seem like the perfect time to be a first time homebuyer. For many, owning a home is a big part of the American Dream. There’s a sense of pride and accomplishment in ownership. It can give you greater freedom and privacy,...

Counselors See Rising HECM Interest Through COVID-19 Crisis – Reverse Mortgage Daily

Excerpt from Reverse Daily Mortgage monitors interest in Home Equity Conversion Mortgages. As the COVID-19 coronavirus pandemic continues, it's noteworthy to monitor the interest in Home Equity Conversion Mortgage (HECM) options. Reverse mortgage counseling sessions have increased as more seniors seek out ways to soften...

4 Things to Consider When Financing a Car

Is it time to think about financing a car? It looks like it might be for many people.    The website AutoTrader reports that people are embracing online car buying instead of in-person shopping, which makes sense as we continue to focus on social distancing, health and hygiene.      Financing a car is one...

Debt Settlement vs. Debt Management: What’s the Difference?

Credit has become a way of life for Americans.  We depend upon it to buy our homes, cars, education and whatever else we want.  Today, the average American carries a whopping $93,000 worth of debt. It is so much easier to get into debt than out of debt.  Once in debt, the worst thing you can do is ignore it.  Fortunately,...

Showing results 172-180 out of 384