Darren and Cynthia (fictional names) had $80,000 in credit card debt, two old paid for vehicles and a house with zero equity that they were trying to sell. Because Darren’s job required him to work sporadic hours, it was difficult for him to find extra work. Cynthia worked a sales job that brought in irregular […]
Case Study: Alline Davenport Our Plan Hits a Snag
photo credit: snappybex Meetings 4 and 5 Introduction: This is the fourth post in a case study series of financial counseling meetings with Alline Davenport (real person with fictional name). Previous entries are found under the “Case Studies” tab. Alline is a widow in her mid 60’s who works full time as a receptionist and […]
Case Studies: Alline Davenport
Meeting Three: 6/15/09 Review of Meeting One: Alline’s short term financial goal is to become debt free. Her long term goal is to rebuild some of her lost retirement and put herself in a position not to be a burden to her children. We established a preliminary budget with plans to review it in one […]
Case Study: Alline Davenport. Some Financial Homework
photo credit: AanikaP Entry Two: May 13, 2009 The purpose of this meeting is to follow up on homework from our last meeting, discuss how the budget is working and discuss plans to help her meet her short term goal of being debt free. Homework: Alline is working on her goal of a $1,000 “Baby” […]
Case Study on Achieving Personal Financial Goals: Alline Davenport
photo credit: timtom.ch As a financial counselor, I help real people with real issues. This series on case studies will walk our readers through the process of discovering the short term and long term goals of my clients, formulating a plan to achieve those ends and then holding the client accountable to actually carry out […]