Math is often a subject that kids either dread in school, or they fall in love with it.

But numbers matter, especially when it comes to keeping tabs on your finances. It’s for this reason and others, that the U.K. started observing National Numeracy Day, in May, and why other countries have adopted this numbers-focused day as their own. In 2022, National Numeracy Day falls of May 18, 2022.

Why Numeracy Matters

Throughout history humans have been inventing machines to help make working with numbers easier, from the abacus and slide ruler to fancy graphing calculators and supercomputers. But even with these aids, it is important to understand basic math in order to help organize your life and budget. Our skill with numbers affects not only our personal finances but the overall economy as well. All too often people leave their math skills by the wayside once they are out of school, with almost half of working adults reverting to the limited math skills of a young child.

When we don’t have a handle on basic math and numeracy skills, it is easy to lose track of what we have and what we don’t have. It’s easy to lose sight of what we can afford and run into financial trouble. Fortunately, basic numeracy and math skills can be relearned or learned better. National Numeracy provides a great opportunity to do numeracy exercises to improve your relationship with numbers and take the first steps to improve your finances.

Getting in good financial shape could be a challenge, but educating yourself and your kids, will put you and them in a position to attain better financial health

Use National Numeracy Day to Start Improving Your Numeracy Skills

Even if you thought numbers were a bit scary as a kid, one benefit of studying them as an adult is that you have a better understanding of how much they can impact your life. Doing number puzzles or even taking courses in numeracy can help you improve your skills at your own pace. The effort can be as simple as playing number-based games on your phone, or working with a tutor to get a handle on dyscalculia.

If the gaps in your math skills have left your finances a bit messy, you can also get help with budgeting and finances.


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

Small businesses make up 99% of all businesses throughout this great land, equating to some 31 million small businesses.

Small local businesses are synonymous with living the American Dream, making one’s own way, and being independent of large corporations.

Every year, this entrepreneurial spirit is honored when the nation collectively celebrates National Small Business Week. This year, the celebration falls from May 1 to 7. This yearly celebration highlights top entrepreneurs from every state for their contributions to economic growth and forward-thinking.

History of National Small Business Week

The Federal Government created the Small Business Administration to counsel small business owners across the land in 1953. Following this, in 1963, President John F. Kennedy created the first-ever National Small Business Week celebration, honoring top small business owners in each state with special recognition and awards. This inaugural celebration became an annual practice since that time.

Support Local Small Businesses and Save Money

Thankfully, you can help commemorate a historic celebration by honoring your own local small businesses during this week, and at the same time save a bit of money. Here’s how…

Buy Handcrafted Items

Handcrafted items are frequently part of local businesses’ inventory. This is a great benefit for you as a buyer. After all, when you are buying from the craftsman themselves, there is no middle man and very little markup. This means you can benefit from substantial savings if you are willing to buy something handcrafted instead of mass-produced. It also means you are getting an item that is individual and unlike any other product available. It is usually of much better quality as well.

Ask About Discounts

Going into a big chain store and asking for a discount on an item you want to buy would seem futile. After all, the cashier can’t change the preset cost of any item or change how it scans. This is a price set not in that store but by the corporation itself. Conversely, when you walk into a small business to buy an item, you do have the freedom to ask for a discount or maybe ask for the owner to put together a bundle of items for you at a discount.

This doesn’t mean you will always get the answer you want. Sometimes, they simply have no wiggle room on the item. However, in some cases, such as when a product has been sitting for months, an owner might be willing to negotiate the price just to move the item. Keep in mind, though, that it’s important to ask for discounts respectfully and understand if they are unable to move off their cost. If you are a regular customer, you will be more apt to get discounts as well, as loyalty to small businesses is greatly appreciated.

Buy Local Produce

Aside from clothing or home decor, local businesses can be great resources for local produce. This is because they often buy directly from local farms and then can pass the savings onto you. Not to mention the benefit you get by purchasing the freshest produce imaginable, truly from farm to table. Admittedly, this does mean you will have to buy produce that is in season where you live, instead of tropical fruits in the dead of winter. However, if you can adjust your menu to include what is in season, this can be a great way to help local businesses and save money.

Visit Farmers Markets

Not only will you gain access to local produce as mentioned above, but many artisans set up shop at Farmers Markets as well. Therefore, visiting your local farmers’ market regularly is a great way to save money on virtually any item and to help your local economy thrive simultaneously.

Keep the above tips in mind to support your local small businesses, especially during National Small Business Week. This is the ideal opportunity to give back to your community and save money as well. Happy shopping!


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

World Password Day might seem like just another fake holiday that someone in the IT industry created, but there’s a real focus on reminding people to protect their passwords.

Just about every day now, thousands of people are realizing their private accounts or work access has been compromised, allowing various unauthorized parties into information, assets, files and more that can literally turn a life upside down. Even worse, tens of thousands more may have no idea they have been compromised as the damage hasn’t been applied yet but their account is already opened.

Change Passwords Frequently

The easiest and most effective way to reduce password hack risk and protect an account is to regularly change one’s password at least every 90 days, and to use a complicated non-literary password. The second part is essential in blocking programs from guessing passwords. Computer bots can make very short work of literary passwords, those that use real words in some kind of combination, including names. The program simply goes through the known dictionary of all words and combinations until it guesses the right fit and breaks the password. The process usually only takes a few hours at best.

However, if one uses a password format that combines lower cap and upper cap letters, numbers and special symbols such as # or &, even the best cracking programs will take years trying to guess a password 15 digits or longer. And that’s the point of the World Password Holiday. The more people are educated on the simple steps they can take to protect themselves and their digital accounts, the less likely they will be in becoming another statistic in the news.

Passwords are meant to be secure. However, people tend to be the weakest link. If you practice easy-to-apply password safety, however, you will rest easier knowing you’re taking steps to protect your identity online.


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

Saving money can seem like more trouble than it’s worth, given the relatively small sums yielded by trimming expenses by a few dollars a week here and there. But take those savings and invest them, even conservatively, and that can deliver thousands of dollars over the long-term.

Try the following suggestions to cut your expenses—daily, monthly, and annually and supercharge your savings. If these long-term figures don’t boost your commitment to save, nothing will.

Daily Savings

1. Brown-bag It
A sandwich at a deli near work can cost $5 to $10 a day. That might not seem like much. But over a year, spending that every work day puts your annual expenditure into four figures. If you instead bring food from home, you can feed yourself for half as much.

While making your own lunches requires extra time and effort on your part, as you need to do the cooking and prep work at home, meals like soup and pasta can be made in large batches over the weekend. Sandwiches don’t tend to do as well when made in advance, but they’re very quick to put together before you leave for work in the morning.

If you are going to eat lunch at a restaurant once in a while, look for online deals. Restaurant.com allows you to buy restaurant certificates at a discount so that you might pay just $20 for $40 in food. If you invest those savings—of up to $35 a week, you could save about $1,800 a year!

2. Brew Your Own
Store-bought coffee has one of the highest price markups out there. You might pay anywhere from $1.50 to $2.50 or more for a hot cup of Joe from your favorite coffee shop. Want a latte or flavored concoction? Expect to shell out a minimum of $3. Buying just a single cup every day and you’ll be spending $625 to $1,000 a year—in after-tax money.

Consider that a pound of good coffee at the store costs about $15 and brews at least 30 cups of coffee. If you brew one cup a day at home, instead of buying one at the store, you’d save about $125 – $500 a year!

Monthly Savings

3. Join Supermarket Loyalty Programs
Signing up as a loyal customer at a major food chain can allow you access to member-only specials and sometimes to manufacturers’ coupons, too—the kind that fall out of Sunday papers or you download online at such sites as Coupons.com.

Most chain’s loyalty programs can save you money on two fronts – groceries and fuel. For the grocery discounts, you will need to create an online account and look at the discounts and coupons available to you based on your shopping history. The discounts and coupons will deduct when you ring up your purchases. You could save over $25 per week on groceries, which could equal out to $1300 a year.

4. Shop for Home Telecom Service
Most areas have more than one company that provides cable TV, internet, and landline services. Try calling your current provider and threatening to leave—a move that may yield some offers you won’t find on the website.

You could also save money by dropping your landline, for modest savings, or your TV service. Cutting cable or satellite TV will offer more significant savings, especially with the arrival of streaming services such as Netflix, YouTube TV, Hulu, etc. Another option is to ditch paying for TV entirely by spending $40 or so on a new antenna that allows you to receive over-the-air digital broadcasts of the major networks.

Don’t be surprised if you save more than $40 a month by switching—or at least reducing—your home telecom service. You could save up to $100 per month with some significant changes.

5. Consider Switching Mobile Services
If you’re no longer under a contract to your carrier—and you’re not paying off your phone—you might be able to switch to a less expensive network without having to buy a new phone. Most standard mobile phones can generally be used interchangeably.

Compare the extra features your provider offers such as phone insurance and data rollover as well. A plan with unlimited talk and text for a single line could cost $10 a month less with T-Mobile verses Verizon. Or opt-in for autopay which you could save $5 per line a month. Those savings could deliver over $180 a year.

Lower Your Monthly Bills!

Do you have a cell phone? Internet? What about cable or satellite TV? Just like most of us, you’re probably paying an arm and a leg for those services. Our team of savings experts will call your service providers and get you lower rates on your bills.

6. Shop for Electricity
In many states, you’re allowed to buy electricity from providers separate from the company that brings the power into your house. These alternatives often have lower rates than the utility company.

Shopping for energy is a lot easier than you might think. Once you get a few basics down in order to make an educated decision about which gas or electricity plan to choose, the rest is an easy sign-up process. Being able to choose your energy plan not only provides the ability to compare energy companies for their competitive rates, but also allows you to have a fixed-rate plan, customer perks, and exceptional customer service.

While it doesn’t sound like much, you could save between $5 and $10 a month depending on how much electricity you use. That could add up to roughly $120 a year.

Annual Savings

7. Reduce Your Insurance Premiums
Review your homeowner’s and auto insurance policies at least every year for changes that could save you money. Consolidating all the policies you hold with one company typically earns a discount of between 5% and 25% on each.

Compare your rates with quotes from different insurers. Despite strict state oversight, companies have different pricing algorithms, so shopping around should pay off. This is especially true if your credit score is low, you’ve had a recent accident, or you have an insurance claim on your record. Companies will treat that activity differently, so getting quotes from several insurance carriers is a good way to find a proper fit for your situation.

Based on pricing car insurance for a sample driver, the least expensive carriers nationally (GEICO and Erie) offered rates that were 30% below the national average for that driver and car. You could save about $450 a year!

8. Use Apps To Help Track and Save Money
A rise in both the number and the quality of personal finance apps have made it far easier to know from your smartphone or computer where your money is going, and to help you save more painlessly. Budgeting apps let you easily manage your money right from your mobile device.

These resources will help you create a budget, track your spending, connect all your bank and credit card accounts, and remind you of all your monthly bills.

The Bottom Line

You make not be able to take advantage of all of these savings strategies. Still, it’s the little actions you take that can make a big difference to your overall bottom line savings.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

If you’re like so many of us, you just accept your auto insurance premium as a given. You probably even accept the fact that it increases each time the policy renews. Do you know that you may have some control over what you spend? Even though the industry is highly regulated, not all car insurance is the same.

Besides paying for auto insurance, most of you probably also need to buy other types of coverage for your home, other vehicles, and maybe even a business. You may pay insurance companies a lot every month, but you also have quite a bit of bargaining power and should not hesitate to shop around for car insurance every year or so.

Shop and Compare

You may not realize it, but it’s likely that your insurance needs have changed over the past year. Even if everything has stayed exactly the same, the insurance market is incredibly dynamic. This means that you probably should update your insurance or at least, search for better value.

Compare your rates with quotes from different insurers. Despite strict state oversight, companies have different pricing algorithms, so shopping around should pay off. This is especially true if your credit score is low, you’ve had a recent accident, or you have an insurance claim on your record. Companies will treat that activity differently, so getting quotes from several insurance carriers is a good way to find a proper fit for your situation.

Insurers offer a variety of discounts for cars with new safety features or installed safety systems. Since some of these systems come with the car, you might not even be aware of what you have. If you ask, the insurer or agent can look up your make and model of vehicle and tell you what you have.

Bundle Different Types of Insurance

Insurance companies typically offer many kinds of policies. If your policies are spread among different insurers, you may be leaving money on the table. Companies want as much of your business as possible, so they often offer discounts if you buy multiple policies. If you need both homeowners or renters’ insurance and auto insurance, you should know that many companies will offer you savings for bundling everything with them. You may also get a discount for other kinds of insurance, if your household buys multiple policies or has multiple people insured on the same policy.

To Sum it Up

Saving money is a good thing and lowering your car insurance premiums can be one way to keep a little extra in your pocket. Shopping around and comparing rates at different companies is one way to save.

Some folks put off shopping for new auto policies because they imagine it will take a lot of time or be difficult to understand their quotes. If you know what you want, you can find online quotes that can give you premium offers within seconds. Otherwise, you might simply call an independent insurance agent who can learn more about your unique situation and budget, suggest the right coverage, and then shop for you to find affordable premiums from a quality insurance company.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

Alvaro and Daria were busy raising their family and carrying on with their day-to-day duties when Alvaro lost the job that he had for 18 years. With Daria being a stay-at-home mom, Alvaro was the main breadwinner for their household. After cashing out his 401K and turning to lines of credit to help support his family, Alvaro was getting them back on track. With things starting to look up, they decided it was time to follow their dream of working for themselves, so they opened their own flooring business. Although this new business was starting off on a good foot, it brought a lot more expenses.

Alvaro and Daria thought they were on a good path. Their business had been running for about 2 years and although they weren’t making a ton of money, their business was growing and they were able to cover their expenses. Then the pandemic hit in 2020. Most of their customers were unable to pay for their services and they were getting further and further behind on their bills. They both decided to get part time jobs to help cover some of the expenses, but creditors were calling and they knew they needed more help. That was when Alvaro reached out to Century. One of our Certified Debt Specialists talked with the couple about their needs and provided them with the best options for their family. After reviewing their options, Alvaro and Daria enrolled in Century’s debt settlement program.

“They [Century] were very helpful and friendly. I can always pick up the phone and call them. They answer all of my questions and always help me understand my options.” Alvaro said. “When we decided to take a settlement, they contacted us right away. I liked that the creditors stopped calling me and sending me letters every week.”

Life is getting back on track for Alvaro and Daria now that they are almost complete with their Century Program. Alvaro has kept the flooring business afloat and it’s now starting to bring in more income again.

 

Congratulations on your program success, Alvaro & Daria!

We thank you for trusting us to be a part of your journey toward better financial health and celebrate your diligence in staying with the program to make such great progress!

*We protect the privacy of our clients by changing their names and omitting any identifying details.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

Achieving financial freedom is a goal for many people. For some, it means being able to pay bills with money left over each month or having a fully-funded emergency account. Others may want to retire early and travel. It generally means having enough savings, investments, and cash on hand to afford the lifestyle you want for yourself and your family.

Unfortunately, too many people are burdened with increasing debt, financial emergencies, spending, and other issues that prevent them from reaching their goals.

No matter how you define financial freedom, everyone can benefit with a few tips to put you on the right path.

Set Life Goals

A financial goal is any plan you have for your money. You can have short-term and long-term goals. A general desire for financial freedom is too vague a goal, so get specific. Write down how much you should have in your bank account, what the lifestyle entails, and at what age this should be achieved. Your goals should give you focus and keep you accountable. The more specific your goals, the higher the likelihood of achieving them.

Next, count backward to your current age and establish financial mileposts at regular intervals.

When you’re setting financial goals, make sure it’s the best choice for you. It’s easy to look around at what other people are doing and feel like you should be doing it too. But when we start comparing ourselves to other people, we’re playing a game we’ll never win. Put the blinders on, focus on your lane, and cross your own finish line – you’re off to a great start on your journey with Century!

Make a Budget

Making a monthly household budget—and sticking to it—is the best way to guarantee that you’re on the right track. It’s also a regular routine that reinforces your goals and bolsters resolve against the temptation to splurge.

Live Below Your Means

Mastering a frugal lifestyle by having a mindset of living life to the fullest with less is not so hard. It starts by developing a mindset in which you prioritize building a strong financial foundation of savings before you move on to spending and investing.

This isn’t a challenge to adopt a minimalist lifestyle or a call to action to throw out things you’ve hoarded over the years. Distinguishing between the things you need and the things you want is a financially helpful habit to put into practice.

Take Care of Your Health

There’s no denying the correlation between financial health and physical well-being. Data from a US study by the big banks showed that 81% of respondents found other goals much easier to achieve when their finances were in order, whilst 70% stated that good financial health had a positive impact on their physical health

In summary

These tips won’t solve all of your money problems, but they will help you develop habits that can get you on the path to better financial health—whatever that means for you. To continue learning more about ways to help you reach better financial health, click here.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

Allison was already struggling to make ends meet and make the payments on her high-interest rate credit card debt when ‘life’ really knocked her down. First, it was her beloved cat, Pepper. He had been there for her through good and bad times and when Pepper required vet care, it was no surprise that Allison would do whatever was necessary to help him. The vet bills began to roll in.

Then Allison’s Dad feel ill in the hospital and she was forced to help him with his bills at home. Like most people, Allison never expected these events to happen. However, now she found herself living what felt like a nightmare. Barely able to keep up with her minimum payments before her Dad fell ill, now trying to keep two households afloat was adding an enormous amount of stress to her daily life.

“I was paying my minimum payments but there were so many that it was never even making a dent in my debt,” explained Allison. She decided it was time to seek help. Hoping to prevent her situation from getting any worse, she reached out to Century. One of our Certified Debt Specialists talked with her about her needs and provided her with what options would be best for her. After reviewing her options, Allison enrolled in our debt settlement program.

She knew it would not happen overnight and trusted the process that would eventually lead her toward better financial health. “I spoke with Jennifer and she was great. She explained the process to me and answered all of my questions. I was in so much credit card debt that this program could not have come any sooner,” explained Allison.

She is working closely with our customer experience team throughout her program, taking advantage of several of our convenient communication methods. “When they have a settlement ready, they let me know and I can approve it or not. If I want to approve the settlement, Century has a really easy process to go through online or through my phone,” Allison stated.

“I’m making progress and most of my debts are already negotiated. I’m very close to being done. I will actually have my debt completely cleared up way sooner than if I hadn’t gone through Century.” Allison stated.

 

Congratulations on your program success, Allison!

We thank you for trusting us to be a part of your journey toward better financial health and celebrate your diligence in staying with the program to make such great progress!

*We protect the privacy of our clients by changing their names and omitting any identifying details.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

Credit cards are a financial tool. If used wisely, they help manage finances, build credit profiles, and meet financial goals. If misused, they have the potential to create an overwhelmingly stressful financial life.

No matter how you may feel, credit cards are a necessary part of one’s life in the 21st century. It is unrealistic (and arguably unwise) to think one can avoid using credit in a credit-based economy. Therefore, it is essential to know how to use credit prudently.

Stay Mindful Of The Fact That Temptations Are Everywhere.

Marketing is designed to entice consumers to open their wallets, even for things they cannot afford and purchases they do not need.

You Are Not Alone.

According to a recently released Harris Poll, nearly 50% of those polled carry credit card debt. About 40% carry debt from month to month. Approximately 25% of the respondents who carried debt had more than $100,000 in debt.

Debt also tends to amplify inflation’s impact. Other relevant stats from Harris Poll’s 2021 Financial Literacy and Preparedness Survey include the following–

  • 26% of the responding general population is more worried this year about meeting basic expenses related to the household than 12 months ago.
  • 24% of the responding general population is more worried about making timely debt payments this year.

Spend Within Your Means

With temptation everywhere, this may be easier said than done – but not impossible! It can be tempting (and convenient) to use a credit card to meet this cash flow issue when facing a monthly shortfall. Focus on spending less than your income, so it is more unlikely there will be a shortfall to manage.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

While you’re working diligently on your debt-relief program, don’t forget about tax relief. The joke that the IRS is actually the “Eternal Revenue Service” isn’t too far off the mark, and you’ll not want to complicate your financial life further by getting out of step with the world’s most powerful and relentless collection agency—the IRS.

As we get older, it seems that time passes more quickly with each passing year. So, now between January 1 and the April 15 (April 18 for 2022) deadline for filing your income tax return, those 105 days can fly by quickly. If you’ve done nothing much to get your return prepared, you could be facing monetary penalties for late or inaccurate filing.

Or, worse, you could be missing out on tax breaks, legal deductions, and new 2021 tax credits.

By way of a general planning roadmap, and while there is still time, there are things to remember when filing your income tax return in 2022:

Collect and organize your 2021 tax documents.

Your W2s, 1099s, and other interest and earnings statements should begin arriving in the mail or online after the new year. Gather those documents in a file folder and keep a checklist of everything you’ll need to begin preparing your return.

Decide how you are going to file

Your choices range from hiring a tax accountant to preparing your own return. Tax preparers earn their keep by doing all your paperwork and finding all your legal tax deductions. Remember, however, that they have a busy season, so your best bet is to make an appointment early in the year. 

Do your own taxes and save money

If, however, you are among the middle-income earners and not interested in paying a CPA around $500 to prepare your federal and income taxes, you can do your own taxes using tax software or online e-file services.

The tie-breaker is whether or not you should itemize your deductions. If you can come up with deductions above the standard $12,950 for single filers–$25,900 if you’re filing jointly–then you’re getting into the realm of complicated forms and IRS audit triggers. If not, your filing task is simpler, and you should go the do-it-yourself route.

Look at income tax preparation software

Even if your return is one or two steps beyond simple, tax preparation software—costing about one-tenth the price of a CPA—can get you over the hump. There are some free versions, but pay the freight for the full-featured products and you’ll get some fringe benefits of built-in auditing and accuracy checks, online advice from experts, and, in the case of H&R Block’s product, an assurance that you won’t get dinged by an IRS audit.

Also, you might be able to log into a free income tax filing session with your home state. Although not listed in this IRS newsroom piece, Colorado is one state that has a user-friendly income tax filing site. You’ll need to file your federal return first and know your adjusted gross income, among other things.

Educate yourself about tax changes this tax year

The COVID-19 pandemic saw significant tax changes in the areas of child credit and tax relief bonuses in 2021. You need to get familiar with those and other tax changes. See this C/NET online piece on 10 tax changes that could impact the size of your tax return. Or you can go straight to the source and review this IRS news item highlighting 2021 tax changes.

Plan on an extension if you need it

You can receive an automatic filing extension to mid-October (or longer if you reside outside the U.S.). The catch is that you must estimate your tax liability and pay it up front. So, the IRS will wait for the paperwork, but not for a payment you owe.

Need Help with Your Taxes? Community Tax Can Help!

Community Tax has extensive experience assisting taxpayers with significant IRS tax burdens. Their dedicated team is ready to provide you with a free consultation to help determine the best plan of action for your specific situation.

Learn more

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

As March National Credit Education Month nears; this presents an excellent opportunity not only to further your own awareness about credit —but to spread some of this valuable knowledge onto your own children and other youth in your life.

Teaching kids about credit early will help them build a foundation for responsible budgeting and spending, and help them learn about the financial burdens that can come with misusing credit. Read on to discover simple tips for teaching kids about credit.

Lesson 1: Credit Basics

Without a solid understanding of how financial decisions can affect credit, it’s very easy to make mistakes that can ultimately tarnish your credit and have a long-lasting impact on your life. You may already know this all-too-well, so by spreading awareness of credit education, you may be able to protect a child or another loved one from falling into a similar situation.

Unfortunately, according to the U.S. News & World Report, only 19 states across the country currently require students to take financial education classes. When teaching your kids about credit, it’s best to start with the basics. Get the conversation started by explaining how credit cards are borrowed money you can use to make purchases. Adults use them if they don’t have the exact amount when buying something; credit cards are also used to make large purchases and build overall creditworthiness.

There are also several terms that are associated with credit cards that you should teach your kids. Be sure to go over the following terms to ensure they understand the basics of credit, loans and debt:

 

  • Credit limit
  • Credit card balance
  • Interest
  • Credit card payments
  • Credit report
  • Credit score

Lesson 2: Credit Cards are not free money

Help your kids understand that when a money lender (bank) gives you a credit card, they tell you how much you’re allowed to borrow, which is called a credit limit. The more responsible you are with your credit card, the more they will lend you. If you do not pay back the borrowed money on time, you may have to pay a late fee on top of paying back what you’ve borrowed.
These late fees are called interest and will increase until you completely pay back the borrowed money

Lesson 3: Wants Vs Needs

Help kids understand that credit cards are not free money and should only be used for needs or emergencies, instead of for things they want, so they can better maintain their financial health and creditworthiness in the long term.

When teaching your children about credit limits, simply explain that there is a certain amount that the bank or lender is willing to let a user borrow. The more responsible a customer is with their credit card and payments, the more credit the lender will be willing to offer in the future.
Make sure your child understands that even if you have a lot of credit to spend, racking up big balances is risky because you may run out of credit and not have any more to spend before you pay all of your borrowed money back.

Lesson 4: Form Good Habits Early

Make sure you emphasize the importance of credit scores with your children and help them picture what types of hardships come with bad credit. It’s also a good time to check and review your own credit report while encouraging others in your life to do the same. Remember that you are entitled to one free copy of your credit report from each of the major reporting bureaus (Experian, Equifax, and TransUnion) each year.

When your teen has a job or is otherwise ready to have their own spending power, consider starting them off with their own credit card account or a joint account where they are an authorized user. This way you can monitor their activity and make sure repayments are made every month, until they’re ready for full financial independence and responsibility. It’s a good idea to check in with them or check their credit scores every now and then to make sure they’re on track for good creditworthiness.

Teaching your children early on to be careful with their money, save for things that they want and pay back loans or debts right away will help them establish good financial habits for the future.

Observe National Credit Education Month this March, make an effort to speak with your children or other youth about the importance of credit literacy. Sharing your own experience and struggles can be helpful here (if that’s something you’re comfortable with) and may serve as a cautionary tale of sorts.

Many young people are falling into the same cycle of debt that previous generations have. They’re carrying high credit card debt balances, struggling to afford their monthly expenses, and suffering from low credit scores. Even those who have managed to remain reasonably responsible with their finances may not understand how to check their credit reports or dispute errors/mistakes on their reports.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!

 

When Claire lost her job due to Covid layoffs in 2020, she never thought she would get so far behind on bills. She had a small emergency fund saved up, but without a steady income, she fell further behind with every passing month.

Little did Claire know how much worse it was going to get.

Three months later, she missed more bills. Her own guilt for not paying regularly was bad enough, but now the creditors were calling at all hours of the day on past due bills.

Then her daughter got sick and she tried to help her out with her medical expenses. “Things kept going downhill and the creditor calls got worse, the interest and fees kept racking up, the stress was almost unbearable; and I had no idea how I was going to get out from under it.”

That’s when she found Century Support Services. After talking to a debt specialist, and understanding how theprogram worked, she decided this was the best solution for her. "…Everyone was so helpful and walked me through every step. They answer all my questions and the portal is so helpful too." Claire said. "Thank you Century for helpingme on my journey."

 

Congratulations on your program success, Claire!

We thank you for trusting us to be a part of your journey toward better financial health and celebrate your diligence in staying with the program to make such great progress!

*We protect the privacy of our clients by changing their names and omitting any identifying details.

 


Contact Century to Learn About Debt Settlement

If debt settlement sounds like it might be the right debt reduction strategy for you, contact Century Support Services. Century has helped hundreds of thousands of people settle debts that they otherwise couldn’t pay, and has saved clients a lot of time, aggravation and money in the process. To date, Century has settled more than $1.3 billion in debt and maintains a 94% satisfaction rating.

To get started, you’ll receive our free assessment and our Certified Debt Specialists will create a personalized program plan for you.

To learn more about the debt settlement process or if you have any general questions relating to how long does debt settlement take or how long will it take to recover from debt settlement, we’re happy to answer any questions.
Contact us today!