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Hawkeye Associates’ Mother’s Day Debt Consolidation Offer Can’t Be Beat



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Hawkeye Associates Can Be Especially Beneficial For Your Mother If She Has Low Savings

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Are you overwhelmed with unsecured, high-interest rate credit card debt? Hawkeye Associates is who I would recommend to my mother for debt consolidation. Hawkeye Associates believes now is the time to put that debt in your rearview with an unsecured low-interest-rate debt consolidation loan. Without having to claim bankruptcy, Hawkeye Associates can lower your interest rate, combine all of your unsecured credit card payments into one, and have you looking to your future in no time at all. With high-quality service, knowledgeable consultants, and a bespoke approach, Hawkeye Associates can have you riding into the sunset in no time.

Hawkeye Associaes Mother
Credit: Evgeny Atamenko

The coronavirus epidemic is taking a big toll on the economy as millions of Americans now find themselves without work. Experts are predicting a huge economic meltdown, the likes of which have not been seen in decades. In such a scenario, the biggest regret that the average American now has is not saving enough for an emergency, according to a recent survey.

Low savings have always been a major problem for most Americans in need of debt consolidation loans. In fact, many Americans don’t even have enough to pay for an emergency that requires a few hundred dollars. The coronavirus crisis has hit almost everyone hard, but the worst affected are certainly those with low savings.

Hawkeye Associates Says It’s Ok If Your Mother Has Low Savings.

According to the results of a recent survey, 23 percent of American customer reviews in need of debt consolidation said that their biggest financial regrets were low savings. You would expect that the biggest financial priority would be saving more. But that wasn’t the case. The biggest financial priority turned out to be paying off all debts to become debt-free. Once you embark on becoming credit card debt-free, it is important to watch out for all sorts of financial scams.

Paying off debt was the number one priority of 22% of respondents. Saving enough for an emergency was the second-highest on the financial agenda at a mere 17%. Sadly, many Americans are so deeply mired in debt that becoming debt-free is the biggest financial goal at the moment. Saving enough for an emergency will only be possible if people are debt-free in the first place. Low savings will continue to be a major financial impediment till the debt problem is dealt with.

It might appear that paying off debts and saving more cannot be done at the same time. However, with proper financial planning, tighter control over expenditure coupled with a few rounds of coronavirus stimulus checks, it may be possible to pay off debt and save more concurrently.

Low Savings Across Income and Age Groups

Out of the 1000+ Americans surveyed, all income groups reported that low savings were their biggest financial regret when reviewing debt consolidation. This reflects the sad state of affairs. It’s not just low-income Americans, but also higher-income Americans who are just not saving enough. However, not every age group was concerned with low savings. Younger people may feel less compelled to save more thinking that they can always do it later. Unfortunately, this creates a vicious cycle where they keep putting it off until they find themselves with low savings during a crisis.

The coronavirus crisis is making several financial problems much worse for Americans, including the repayment of loans and finding the best way to find credit card relief.

No Financial Priority

But perhaps the most disturbing statistic and one of the secrets of debt consolidation is the percentage of Americans who did not have a plan. Close to 20% said that they were not aware of their financial priorities. This clearly shows that a high number of Americans do not have a financial strategy. Americans need to take stock of their financial situation, set their priorities, and work towards these goals. This will help them to avoid low savings and be better prepared for unexpected challenges like COVID-19.


Less than 15% said that their top financial priority was saving enough for retirement. With so few Americans setting retirement funds as their top priority, it is highly unlikely that most US adults will be able to enjoy a comfortable retirement. It seems that many will be forced to work well into their golden years. Americans clearly need to review their financial priorities in context of their future. They need to realize that they must have enough for their nest egg to retire during their golden years.

Without enough funds, they will not be able to retire. They may be doomed to work for life. But even that will not be possible because health starts declining rapidly post 60. Those who think that they can continue working away into old age may probably be too sick to earn a living. Taking into account such dire possibilities, Americans should get in touch with a trustworthy financial advisor and start working soon for their future with retirement funds as their top financial agenda. They should start planning and working today so that they do not find themselves with low savings when approaching retirement age.

With regards to personal loans with average credit, the survey also questioned Americans about how much they regretted low savings. For emergency savings, 20% to 25% said that they regretted it and felt some regret for their low savings during an emergency. As for retirement savings, the numbers were a bit less.

However, the level of regret (for low savings) was substantially less for those who had to pay off debts as it was for those enduing unstable income.

As you would expect, younger people were less worried about low savings with Generation X and millennials showing less regret than older age groups like the Silent Generation and Boomers. Older people find that they have far less opportunities for saving more as compared to younger people. Hence, senior citizens are more likely to regret low savings.

Low Savings: A Top Financial Concern

Not saving enough for emergencies and retirement funds was the top concern combined. Americans will need to take concrete steps to solve the problems of low savings. They must use automated transfers to save money as soon as their earnings reach their accounts. This can greatly reduce the problem of failing to meet savings targets each month. The money that they save this way can become a part of their savings portfolio and start generating passive income.

There are many other steps that you can take to tackle the issue of low savings. Get in touch with your financial advisor to find out more.

Delores is a single mother of a baby girl. She writes news as a part-time journalist for multiple news portals. She is an experienced journalist with a master's degree in Journalism. She covers all insurance verticals for The Cuintegrator.

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