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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.
Additionally, this strategy offers tangible benefits to the company, including enhanced productivity, a stronger employer brand and potential financial incentives like tax benefits. Consider offering traditional and Roth options to provide flexibility in future tax treatment.
You know, a rich life, most people expect a money book to start with a chapter on budgets. We’re going to get a budget. Everybody hates the word budget. Everybody hates the word budget. I hate budgets myself. RITHOLTZ: That’s more counseling than it is financial advice. RITHOLTZ: Buzzkill.
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