You're out of debt, now what?

First of all, congratulations! It might not have always been easy, but you did it. You should feel great about that.

While our primary service centers around helping our client’s get out of debt, it is equally as important to us that our clients are set-up for success after graduation. Getting out of debt isn't easy, but you did it, and now that you’re no longer carrying around thousands of dollars of credit card debt it’s time to move onto our next goal. Helping you stay out of debt.

 

Good financial habits take time and patience to make permanent. By focusing on one thing at a time (e.g. just tracking how much you spend eating out), these changes will be easy to stick to and will more easily snowball into larger habits. Just like going to the gym, it is going to take time to build your financial muscle, but you’ll absolutely thank yourself for it in the future.

 

Here are some of our favorite tips for a healthy financial life to get you started,

 

  • Set reasonable budgets

  • Schedule your payment dates on a calendar

  • Avoid co-signing for loans

  • Avoid touching retirement accounts early

  • Start setting aside money into savings (even if it’s $20/mo.)

  • Pay attention to hidden fees

  • Check your credit report frequently

  • Unsubscribe from tempting sales emails

  • Cancel nonessential subscriptions

  • Start a change jar (you’ll be surprised how much you save!)

 

Face it, almost everyone has bad spending habits. The longer you stay in denial or oblivion, the more you're stealing from yourself. Take some time to list out your spending habits, decide which ones are beneficial and which ones are hurting you. From there pick just one habit you want to change. Once you’ve created a healthier habit, pick another. Take your time and don’t put pressure on yourself to be perfect from the start.

 

Tips and goal setting are great, but it’s important that we also face the reality that many of us are guilty of bad money habits such as,

 

  • Just paying the minimum each month

  • Relying on credit to pay bills

  • Impulse shopping as entertainment or therapy

  • Eating out constantly / buying coffee every morning

  • Not sticking to your shopping list at the grocery store

  • Waiting until the last minute to pay bills or paying late

  • Not checking your bank account before making purchases

  • Procrastinating on saving for retirement and emergencies

  • Not taking advantage of employer benefits (such as 401K contributions)

  • Always needing to have the newest phone or device (trust me, your iPhone 6 still works great)

 

There are many amazing online resources for living a financially healthy lifestyle, we’ve included a few below to get you started. We strongly encourage you to take some time to watch these videos.

Our partnership is lifelong – even once you’ve graduated – and we will always be available to you. Our goal is for you to successfully resolve your debt through our program, and for you to never have to enroll again.

 

Many of our clients graduate the program with their sights on an important purchase. Should you need help getting a mortgage, business loan, or anything in between – let us know so we can refer you to one of our trusted partners.

Olive Branch Financial LP

info@olivebranchfin.com

Contact: +1-657-900-5997

Hours of Operation:

7:00 am - 7:00 pm (PST)

Monday - Friday

8:00 am - 2:00 pm (PST)

Saturday

Off hours available by appointment. 

Closed on Federal Holidays

© 2018 Olive Branch Financial LP | All Rights Reserved.

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Olive Branch Financial is a debt settlement company that operates in some but not all states in the United States, Olive Branch Financial does not accept any clients who do not meet with a consultant for an in-person consultation. If you reside in a state that we do not accept clients in, we may be able to refer you to another company for assistance. 


Olive Branch Financial negotiates unsecured debts on behalf of its clients and does not assume its clients’ debts, make monthly payments to creditors on clients’ behalf, or give clients tax, bankruptcy, accounting, or legal advice. We do not provide credit repair services. Please contact a tax professional to discuss potential tax consequences associated with settling debts for less than the full balance. Please read and understand all of Olive Branch Financial’s Program requirements and Olive Branch Financial’s service agreement before enrolling into Olive Branch Financial’s Program.


The use of debt settlement services will likely adversely affect your creditworthiness, may result in the balances of your enrolled debts increasing due to the accrual of legal fees and interest on your accounts and you being subject to collections actions or lawsuits brought by your creditors. The settlements we negotiate on behalf of our clients resolve the entire account, including all accrued interest and fees. We cannot guarantee that we will resolve your debts and results will vary based on your individual circumstances.