Nerdwallet conducted an extensive study called, “2016 American Household Credit Card Debt Study.” They found that the average American household with credit card debt had racked up an average balance of $16,425. These numbers are significant to us at Freedom Debt Relief, but you might be wondering what the big deal is.

Many of us will come across times in our lives when money is tight, and we could do with some quick cash. In these times of need, we often resort to selling or pawning our precious items such as gold jewellery, and valuable electronics, but pawn shops have had some bad press in recent times. There are some unscrupulous pawn shops out there, but there are also many excellent ones that offer fair deals whether you are looking to pawn or sell your valuables. Which method is best will all depend on you individually, and also your circumstances.

It seems my efforts to wean my daughter off her bad habit of interrupting me whenever she wants to have her say are finally paying-off, just in time too as I recently spotted her staring at me out of the corner of my eye, seemingly not wanting to disturb my deep thought-process. While I was staring into the abyss, it hit me that most of us just aren’t truly practical about the financial resolutions we make.