Debt can impact kids’ futures more than you’d think: Here’s how Molly Simon for Accredited Debt Relief Sep 16, 2026 Sep 16, 2026 Updated Sep 16, 2026 A young boy holding a soccer ball in a park field. Tretyakov Viktor // Shutterstock Prefer us on Google Learn More Facebook Twitter WhatsApp SMS Email Print Copy article link Save Molly Simon for Accredited Debt Relief k9bmkDEC@?8ms63E 42? :>A24E <:5D’ 7FEFC6D >@C6 E92? J@F’5 E9:?<i w6C6’D 9@Hk^DEC@?8mk^9bmkAm$@>6 D49@@= 6IA6?D6D 86E 56=2J65] $@>6 86E 7:?2?465] p?5 D@>6 86E 42?46=65 — 2 D62D@?[ 2 4=F3[ 2 EC:A 2 <:5 H2D 4@F?E:?8 @?]k^AmkAm%92E =2DE 8C@FA :D 3:886C E92? >@DE A2C6?ED C62=:K6] k2 9C67lQ9EEADi^^HHH]244C65:E65563EC6=:67]4@>Qmp44C65:E65 s63E #6=:67k^2m’D k2 9C67lQ9EEADi^^HHH]244C65:E65563EC6=:67]4@>^3=@8^324<\E@\D49@@=\3F586E\D9@4<\DFCG6J^Qm324<\E@\D49@@= DFCG6Jk^2m @7 >@C6 E92? `[___ A2C6?ED @7 z\`a DEF56?ED 7@F?5 E92E `hT <6AE 2 49:=5 @FE @7 2? 24E:G:EJ 3642FD6 @7 E96 4@DE] xE’D E96 @?6 4FE E92E ?6G6C D9@HD FA @? 2 4C65:E 42C5 DE2E6>6?E[ 2?5 C6D62C49 8@:?8 324< 564256D DF886DED 4FEE:?8 24E:G:E:6D 5@6D >@C6 E92? D2G6 >@?6J — :E 4@F=5 A@E6?E:2==J ?2CC@H J@FC 49:=5’D @AA@CEF?:E:6D :? E96 =@?8\E6C>]k^Am People are also reading… Gateway shows graduate the way to reaching career and life goals Lake Geneva Oktoberfest to feature new events and activities Antique and classic boat show to be held at Abbey Resort Lake Geneva approves five-year strategic action plan Williams Bay Middle School student wins regatta title Chapel on the Hill Community Church to conduct rummage sale How did Aaron Rodgers do in his final season opener? T.J. Watt helped Wisconsin Veterans Home residents get tour of Geneva Lake Homegrown setter finds ways to help Wisconsin volleyball despite limited role 52nd Street to close nightly in Kenosha starting Sept. 14 Several summertime projects completed at Lake Geneva schools Week 5 high school football scores Badger varsity girls volleyball falls to Elkhorn in five sets Walworth County warns residents of wire-transfer scam Tom Tiffany recounts harrowing plane emergency, swim to safety in Wausau k9bmz6J %2<62H2JDk^9bmkF=mk=: 52E2\=:DE\:E6>\:5lQ6gbg`bd5hagh72d_abc73haa544`d_fhdQm`hT @7 A2C6?ED <6AE 2 49:=5 @FE @7 2? 24E:G:EJ 3642FD6 @7 D49@@=\C6=2E65 4@DED[ 2?5 feT >256 2E =62DE @?6 7:?2?4:2= EC256\@77]k^=:mk=: 52E2\=:DE\:E6>\:5lQ6d575_ehd_c23c47cghh`7``6b4ed6accQme_T @7 A2C6?ED 2C6 42CCJ:?8 D49@@=\C6=2E65 563E[ 2?5 dcT 2C6 DE:== A2J:?8 :E 5@H? H96? 9@=:52J D9@AA:?8 368:?D]k^=:mk=: 52E2\=:DE\:E6>\:5lQ62`7e646bh4ddg``gg`g_hefdefba_6`3QmgeT @7 A2C6?ED H9@ 2=C625J @H6 S`[___ @C >@C6 DE:== A=2? E@ DA6?5 2E =62DE S`[___ A6C 49:=5 E9:D 72==]k^=:mk^F=m k9bmrFEE:?8 2? p4E:G:EJ xD E96 %C256\~77 !2C6?ED |2<6 {2DEk^9bm kAm%9C66\BF2CE6CD @7 A2C6?ED DFCG6J65[ feT[ D2:5 D49@@= 4@DED 7@C465 2E =62DE @?6 7:?2?4:2= EC256\@77] |@DE DE2CE H:E9 E96 492?86D E92E 2C6 62D:6DE E@ >2<6i ahT >256 k2 9C67lQ9EEADi^^HHH]244C65:E65563EC6=:67]4@>^3=@8^H92E\92AA6?D\H96?\J@F\>2<6\>:?:>F>\A2J>6?ED^Qm>:?:>F>\@?=J 4C65:E 42C5 A2J>6?EDk^2m[ agT A@DEA@?65 D2G:?8D @C 563E A2J@77 2?5 aeT 56=2J65 2 3:==] %9@D6 2C6 E96 D2>6 >@G6D A6@A=6 C6249 7@C 7:CDE H96? E96J’C6 k2 9C67lQ9EEADi^^HHH]36J@?57:?2?46]4@>^3=@8^A2J\@77\563E\E:89E\3F586EQmA2J:?8 5@H? 563E @? 2 E:89E 3F586Ek^2m]k^Am kAmqFE D@>6 A2C6?ED 925 E@ 7:?5 6G6? >@C6 C@@> :? E96:C 3F586ED E@ 4@G6C 4@DED] p BF2CE6C @7 A2C6?ED 4FE 324< @? 8C@46C:6D @C FE:=:E:6D[ 2?5 `hT <6AE 2 49:=5 @FE @7 2? 24E:G:EJ]k^Am kAmrFEE:?8 2? 6IEC24FCC:4F=2C 42? 7C66 FA 2 D:8?:7:42?E 2>@F?E @7 >@?6J] %96 pDA6? x?DE:EFE6’D k2 9C67lQ9EEADi^^AC@;64EA=2J]@C8^?6HD^a_ad^a^ac^AC@;64E\A=2J\DFCG6J\72>:=J\DA6?5:?8\@?\J@FE9\DA@CED\C:D6D\ce\@G6C\7:G6\J62CDQm!C@;64E !=2Jk^2m 7@F?5 E92E E96 2G6C286 &]$] DA@CED 72>:=J DA6?E S`[_`e @? @?6 49:=5’D AC:>2CJ DA@CE :? a_ac[ 2 ceT :?4C62D6 D:?46 a_`h] p== :?[ A2C6?ED A2J 23@FE S`[d__ E@ 4@G6C 2 J62C’D H@CE9 @7 DA@CED\C6=2E65 4@DED]k^AmkAmqJ E96 E:>6 A2C6?ED 2C6 H6:89:?8 E2<:?8 E96:C <:5 @FE @7 2 DA@CE @C 32?5 EC:A 7@C 7:?2?4:2= C62D@?D[ E96J 92G6 FDF2==J 2=C625J EC:65 6G6CJE9:?8 62D:6C] p?5 E96 =@?8\E6C> :>A24E @7 E9@D6 92C5 49@:46D @? 49:=5C6? :D D@>6E9:?8 C6D62C496CD 92G6 DA6?E 564256D EC24<:?8]k^Am k9bm*@F r2? !=2J :7 *@F r2? !2Jk^9bmkAmp? 2?2=JD:D AF3=:D965 :? E96 k2 9C67lQ9EEADi^^HHH]?43:]?=>]?:9]8@G^A>4^2CE:4=6D^!|r`ade`__f^Qmp}}p{$ @7 E96 p>6C:42? p4256>J @7 !@=:E:42= 2?5 $@4:2= $4:6?46k^2m 6I2>:?65 7@FC ?2E:@?2= =@?8:EF5:?2= DFCG6JD @7 p>6C:42? 9:89 D49@@= DEF56?ED 2?5 5@4F>6?E65 2 D92CA :?4C62D6 :? E96 4=2DD 82A :? 6IEC24FCC:4F=2C :?G@=G6>6?E] $:?46 E96 `hf_D[ FAA6C\>:55=6\4=2DD DEF56?ED 92G6 8C@H? >@C6 24E:G6 :? D49@@= 4=F3D 2?5 DA@CED E62>D] !2CE:4:A2E:@? 2>@?8 H@C<:?8\4=2DD DEF56?ED >@G65 E96 @AA@D:E6 5:C64E:@?]k^AmkAm%96 2FE9@CD E:6 E92E DA=:E E@ E9C66 7@C46D 2CC:G:?8 E@86E96Ci C:D:?8 :?4@>6 :?6BF2=:EJ[ E96 DAC625 @7 A2J\E@\A=2J AC@8C2>D 2?5 E96 8C@H:?8 :?G6DE>6?E @7 E:>6 2?5 >@?6J FAA6C\>:55=6\4=2DD A2C6?ED 42? 277@C5 E@ E96:C 49:=5C6?’D 56G6=@A>6?E] p?5 E96C6’D 2 C62D@? H62=E9:6C 72>:=:6D 49@@D6 E@ >2<6 E92E :?G6DE>6?Ei %96C6’D 6G:56?46 E92E :E 36EE6CD 2 49:=5’D @FE4@>6D 2D E96J 8C@H]k^Am Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts k7:8FC6mk:>8 DC4lQ9EEADi^^:>286D]DE24<6C]4@>^H^`ag_^:>286D^DE@C:6D^a_ae^_h^`_^:?7@8C2A9:4\563E\:>A24E\<:5D\7FEFC6D\a_ae_gb`]A?8Q 2=ElQp? :?7@8C2A9:4 C6A@CE:?8 52E2 @G6CG:6H @7 9@H 563E 42? :>A24E <:5DUR_bhj 7FEFC6D]Q DEJ=6lQH:5E9i `__TQ ^mk7:842AE:@?mp44C65:E65 s63E #6=:67k^7:842AE:@?mk^7:8FC6mk9bmk3C ^m!2CE:4:A2E:@? xD {:?<65 E@ q6EE6C vC256D 2?5 $EC@?86C $@4:2= $<:==Dk^9bmkAm%96 k2 9C67lQ9EEADi^^42CD6J]F?9]65F^AF3=:42E:@?^27E6C\36==Qm&?:G6CD:EJ @7 }6H w2>AD9:C6’Dk^2m r2CD6J $49@@= @7 !F3=:4 !@=:4J 7@F?5 E92E 9:896C\:?4@>6 J@FE9 2C6 C@F89=J @?6 2?5 2 92=7 E:>6D 2D =:<6=J E@ A2CE:4:A2E6 :? 6IEC24FCC:4F=2C 24E:G:E:6D 2D E96:C =@H6C\:?4@>6 A66CD] r@?D:DE6?E A2CE:4:A2E:@?[ E96 C6A@CE ?@E6D[ :D =:?<65 E@ :>AC@G65 24256>:4 249:6G6>6?E 2?5 AC@D@4:2= 3692G:@CD[ 2?5 E96 24E:G:E:6D <66A 25@=6D46?ED 6?82865 5FC:?8 9:89\C:D< 9@FCD]k^Am kAmxE’D 2 DJDE6> E92E 4C62E6D 2 7665324< =@@A[ E@@] |2?J D49@@=D D6E 2 >:?:>F> v!p 367@C6 2 DEF56?E 42? ;@:? 2 D49@@=\DA@?D@C65 24E:G:EJ] (96? =@H6C\:?4@>6 DEF56?ED 92G6 =@H6C 24256>:4 249:6G6>6?E[ E96:C @AA@CEF?:EJ E@ A2CE:4:A2E6 D9C:?<D — 2?5 3642FD6 A2CE:4:A2E:@? :D =:?<65 E@ 36EE6C 8C256D[ D:EE:?8 @FE 42? AF== 249:6G6>6?E 5@H? 7FCE96C]k^AmkAm!2C6?ED 42?’E 62D:=J >2<6 FA 2 D62D@? E96:C 49:=5 >:DD65 — 3FE E96C6 2C6 H2JD E@ <66A <:5D :? E96 24E:G:E:6D E92E >2EE6C E@ E96>]k^Amk9bmz66A:?8 z:5D x?G@=G65 @? 2 qF586Ek^9bm kAm!6C E96 DFCG6J[ e_T @7 A2C6?ED 42CCJ D49@@=\C6=2E65 563E ?@H[ 2?5 dcT 2C6 DE:== A2J:?8 @77 324<\E@\D49@@= 6IA6?D6D @?46 9@=:52J D9@AA:?8 368:?D] p>@?8 A2C6?ED H9@ 2=C625J @H6 S`[___ @C >@C6[ geT DE:== A=2? E@ DA6?5 2E =62DE S`[___ A6C 49:=5 E9:D 72==]k^Am kAmqFE D@>6 AC@8C2>D >:89E 36 >@C6 7=6I:3=6 23@FE 4@DED E92? @E96CD] %2=< E@ J@FC D49@@=[ 4@2496D 2?5 =@42= 4@>>F?:EJ 8C@FAD 23@FE H2JD E@ C65F46 6IEC24FCC:4F=2C 4@DED] p 76H E9:?8D H@CE9 5@:?8 367@C6 E96 ?6IE C68:DEC2E:@? 5625=:?6ik^AmkF=mk=: 52E2\=:DE\:E6>\:5lQ6fbb622c56g6g4dagcdb_642_bf644646QmkDEC@?8mpD< 23@FE 766 H2:G6CD]k^DEC@?8m |2?J 5:DEC:4ED 2?5 ?@?AC@7:E =628F6D <66A 92C5D9:A 7F?5D @C D=:5:?8\D42=6 C2E6D[ 3FE 72>:=:6D FDF2==J 92G6 E@ 2D< 7@C E96>]k^=:mk=: 52E2\=:DE\:E6>\:5lQ665edffba5`b2535b_heaea6fb46e`2chQmkDEC@?8mpD< 23@FE 2 A2J>6?E A=2?]k^DEC@?8m $A=:EE:?8 2 766 24C@DD E96 D62D@? 4@DED ?@E9:?8 2?5 <66AD E96 492C86 @77 2 4C65:E 42C5]k^=:mk=: 52E2\=:DE\:E6>\:5lQ6d_de2gec_d4`7h36d62d3_`c4_4e35aaQmkDEC@?8mqFJ 6BF:A>6?E FD65]k^DEC@?8m {628F6 DH2A ?:89ED[ D64@?592?5 DA@CE:?8 8@@5D DE@C6D 2?5 E62> 92?5\>6\5@H?D 4@G6C >@DE @7 H92E 2 368:??6C ?665D]k^=:mk=: 52E2\=:DE\:E6>\:5lQ6dfh6_`7662a`h`5a76472h`fc_h7agc5QmkDEC@?8mr9@@D6 E96 D49@@= @C C64 G6CD:@? 7:CDE]k^DEC@?8m p 49:=5 42? 7:?5 @FE H96E96C E96J =@G6 2 DA@CE H:E9@FE 2 4=F3 C@DE6C 766]k^=:mk=: 52E2\=:DE\:E6>\:5lQ6b35`53e_d76hdd63da`55fa57hehh4d_QmkDEC@?8m$<:A E96 @AE:@?2= EC2G6=]k^DEC@?8m %@FC?2>6?E H66<6?5D[ 9@E6= 3=@4<D 2?5 @FE\@7\DE2E6 D9@H42D6D 2C6 E96 72DE6DE H2J E@ 5@F3=6 2 D62D@?’D 4@DE]k^=:mk^F=m kAm%9@D6 49@:46D 42? 3C:?8 2 S`[___ DA@CE 5@H? E@ 2 4@FA=6 9F?5C65 5@==2CD]k^Amk9bmuC6BF6?E=J pD<65 "F6DE:@?Dk^9bmkAmkDEC@?8mxD :E H@CE9 3@CC@H:?8 E@ <66A >J 49:=5 :? 2? 24E:G:EJnk^DEC@?8mk^AmkAmr@?D:DE6?E A2CE:4:A2E:@? :D =:?<65 E@ DEC@?86C 24256>:4 @FE4@>6D[ D@ E96 :?DE:?4E E@ AC@E64E :E :D H6== 7@F?565] (92E’D 92C56C E@ D66 :D H92E E92E 766 4@DED J@F :7 J@F 42CCJ :E 7@C J62CD] q67@C6 E96 ?6IE @?6 4@>6D 5F6[ C6G:6H E96 k2 9C67lQ9EEADi^^HHH]244C65:E65563EC6=:67]4@>^3=@8^b\7C66\563E\96=A\C6D@FC46D\E@\4964<\@FE^Qm7C66 563E 96=A C6D@FC46Dk^2m 2G2:=23=6 E@ J@F 2?5 7:?5 @FE H92E J@FC @AE:@?D 2C6]k^Am kAmkDEC@?8m(9J 5@6D?’E >J 32=2?46 >@G6 6G6? E9@F89 x A2J 6G6CJ >@?E9nk^DEC@?8mk^AmkAmxE’D 2 <?@H? A2EE6C?[ D@>6E:>6D 42==65 E96 k2 9C67lQ9EEADi^^HHH]36J@?57:?2?46]4@>^3=@8^>:?:>F>\A2J>6?E\EC2AQm>:?:>F> A2J>6?E EC2Ak^2m] |:?:>F> A2J>6?ED 2C6 42=4F=2E65 E@ 4@G6C 244CF65 :?E6C6DE 7:CDE[ D@ 2E aa]`dT @?=J 2 D>2== D92C6 @7 H92E J@F D6?5 6249 >@?E9 C65F46D H92E J@F 24EF2==J @H6] r92?8:?8 E96 DECF4EFC6 @7 E96 563E E6?5D E@ 5@ >@C6 E92? C2:D:?8 J@FC A2J>6?E 3J 2 76H 5@==2CD]k^AmkAmk2 9C67lQ9EEADi^^HHH]244C65:E65563EC6=:67]4@>^3=@8^563E\42?\:>A24E\<:5D\7FEFC6D\>@C6\E92?\J@F5\E9:?<\96C6D\9@H^Qmk6>m%9:D DE@CJk^6>mk^2m k6>mH2D AC@5F465 3Jk^6>m k2 9C67lQ9EEADi^^HHH]244C65:E65563EC6=:67]4@>Qmk6>mp44C65:E65 s63E #6=:67k^6>mk^2m k6>m2?5 C6G:6H65 2?5 5:DEC:3FE65 3Jk^6>m k2 9C67lQ9EEADi^^9F3D]=2^"_b<=8$#_Q C6=lQ?@7@==@HQmk6>m$E24<6Ck^6>mk^2m]k^Am Originally published on accrediteddebtrelief.com, part of the BLOX Digital Content Exchange. The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Most Popular How can you recover financially after a summer of spending? Current reports on recovering financially after summer spending with five actions: cancel unused subscriptions, boost savings rates, trim budg… The high cost of low-cost financial advice from AI tools Jump reports that AI financial advice can improve decision-making but may also lead to poor outcomes for low-literacy users, highlighting the … Wildfires could displace you for months. Is your insurance ready? TheZebra.com reports that homeowners need to ensure their insurance covers rebuilding costs and additional living expenses due to wildfires. As 1099 work grows, millions of Americans face a different tax system 1-800Accountant reports that as 1099 work increases, millions of Americans face new tax rules, including a raised reporting threshold for businesses. Watch Now: Related Video Crews begin work on Cook Street in downtown Lake Geneva Dirt is moved during a road reconstruction project on Cook Street Dirt is moved during a road reconstruction project on Cook Street Two construction vehicles perform some work on Cook Street’s road reconstruction project Two construction vehicles perform some work on Cook Street’s road reconstruction project US And China Discuss AI Safety Plan Ahead Of Trump-Xi Summit US And China Discuss AI Safety Plan Ahead Of Trump-Xi Summit Watch Now: Related Video Crews begin work on Cook Street in downtown Lake Geneva Dirt is moved during a road reconstruction project on Cook Street Dirt is moved during a road reconstruction project on Cook Street Two construction vehicles perform some work on Cook Street’s road reconstruction project Two construction vehicles perform some work on Cook Street’s road reconstruction project US And China Discuss AI Safety Plan Ahead Of Trump-Xi Summit US And China Discuss AI Safety Plan Ahead Of Trump-Xi Summit
How can you recover financially after a summer of spending? Current reports on recovering financially after summer spending with five actions: cancel unused subscriptions, boost savings rates, trim budg…
The high cost of low-cost financial advice from AI tools Jump reports that AI financial advice can improve decision-making but may also lead to poor outcomes for low-literacy users, highlighting the …
Wildfires could displace you for months. Is your insurance ready? TheZebra.com reports that homeowners need to ensure their insurance covers rebuilding costs and additional living expenses due to wildfires.
As 1099 work grows, millions of Americans face a different tax system 1-800Accountant reports that as 1099 work increases, millions of Americans face new tax rules, including a raised reporting threshold for businesses.