FARMINGTON HILLS, Mich., May 1, 2014 /PRNewswire-USNewswire/ -- GreenPath Debt Solutions, a nationwide nonprofit credit counseling and education organization, recognizes the importance that mothers play in our lives.
And while money will be spent on Mother's Day flowers, candy and gifts this May 11, GreenPath counselors have compiled some motherly advice that has helped make their own lives a bit less expensive.
From smart consumerism to saving and investing, it turns out mom knew what she was talking about. Here are five money mom tips:
Used can be as good as new!
"My mom instilled in me the love of a great deal and, to this day, I refuse to pay full price for anything! Last year I was set on purchasing a $700 vintage-inspired metal crib for our nursery. We scoured Craigslist and found a very similar style--I ended up paying only $80. Woohoo!" – Amanda, W.
The best things in life are free
"When you know you are going out with your friends, suggest other outings to the park or library. Keep your cash at home! – Stephanie C.
"My mom taught me the best things in life are free and not bought at a store. Going for a bike ride or spending the day at a public park were the activities that filled my childhood. I appreciate that I can draw satisfaction from simple things and continue to keep this outlook into my adult life." – Katie M.
Be careful with co-signing on loans
"You should think twice, before co-signing on any type of financing for your kids or other family members. If they don't make the payments, you may not find out until it affects your credit!" – Emily R.
Sound advice, worthy of a tweet
"Don't spend money you don't have." – Dianne R.
GreenPath salutes all the mothers who, over the years, have taken the time to educate their children about the importance managing money in their everyday lives. Happy Mother's Day!
For more information on GreenPath, or to receive a free counseling session and budget plan, log on to www.greenpath.org or call (866) 648-8122.
About GreenPath Debt Solutions
GreenPath Debt Solutions is a nationwide, non-profit financial organization that assists consumers with credit card debt, housing debt, student loan debt, and bankruptcy concerns. Our customized services and attainable solutions have been helping people achieve their financial goals since 1961. GreenPath operates 50 full-time branch offices in 11 states. They also deliver licensed services throughout the United States over the Internet and telephone. GreenPath is a member of the National Foundation for Credit Counseling, the Association of Independent Consumer Credit Counseling Agencies and is accredited by the Council on Accreditation (COA).
CONTACT: Andrew Johnson, GreenPath Communications Manager, firstname.lastname@example.org, 248-488-0419
SOURCE GreenPath Debt Solutions