Debt Consolidation
Consolidation Loans
Keeping finances balanced is the key to a family's future.

Financial wellness means saving today so you and your loved ones will be protected tomorrow against life's uncertainties.

The first step to financial wellness is looking at where your money goes and then making out a budget. Track your monthly spending down to the penny, and you'll be amazed how much is spent on the un-necessities of life. You work hard for your money -- every penny of it. So make every penny count.

For example, estimates that you can cut your soft drink consumption by one liter a week and save $6 a month. Doesn't sound like much? It will when you add it to all the other ways you'll find to cut spending by doing a budget and sticking to it.

In our society, we are tempted every day to buy, to spend, then buy some more. It takes discipline to combat those temptations. We have to make financial discipline part of our daily lives.

On the Internet, check out, a site packed with free advice on how to live with less debt.

Even if you're already deep in debt, you can start the journey back to financial wellness. You didn't get into that situation overnight, and it will take time to work your way back, but it can be done.

Financial Wellness Tools

Saving Money

Building a Budget

The Earned Income Tax Credit

SAVE UP Program (Sponsored by the RISE Foundation)

Saving Money With Earned Income Tax Credits

Last year, MemphisDEBT, in cooperation with United Way of the Mid-South, hosted 16 Volunteer Tax Assistance sites over a three-month period to help low-income communities claim Earned Income Tax Credits (January - March 2003). Nearly 2,300 returns were processed. The average refund amount was $2,100, resulting in more than $4.8 million being returned to low-income families. It is estimated participating families saved approximately $460,000 in filing fees.

Earned Income Tax Credit: Are you eligible?

First TN asked junior high and high school students across Memphis to share their thoughts on the importance of financial literacy at home and in the community. We got many excellent responses and after much consideration, chose these winners.

Contact MemphisDEBT to find out more.

The information on this website should not be a substitute for the advice of a professional.

The following agencies are nonprofits and offer credit counseling to Memphis-area citizens:

Memphis Consumer Credit Association

Consumer Credit Counseling Service

ClearPoint Financial Solutions

MemphisDEBT • 22 North Front Street, Suite 680 • Memphis, TN 38103 • Phone: 901-507-6638 • Fax: 901-507-6640