While the end of year draws celebrations and family gatherings, many individuals are confronted with a reality of financial challenges that will continue to loom after all the confetti and party favors are cleaned up and disposed. Credit card debt is a common worry and cause for stress, especially for people in Kentucky facing unemployment. Increasing expenses, an inability to pay interest and lack of income often results in collection companies calling at all hours.
Living on a fixed income presents a whole host of unique challenges. However, this is something millions of senior citizens deal with on a day-to-day basis. Even though retired seniors are past their most significant income-earning years, they might still deal with growing expenses and debt.