If you're like us DINKs, you're probably wondering how to improve your financial bottom line. The recent covid related economic slowdown has torpedoed some people budgets, so some options for seeing immediate gains to one's net worth are limited. One way to immediately improve your bottom line is to pay off your debts. There are several advantages in doing so. First, … [Read more...] about Rough Times: Pay Off Your Debts
I spend a lot of time on the internet, especially on personal finance blogs. Over this weekend I came across this posting. Evidently its written by a couple from Alaska. The interesting thing is...they have a lot of debt. Not just like a few thousand on a couple of credit cards, they owe about $232,000 in multiple vehicle loans, student loans, credit cards, and personal … [Read more...] about Couple has $232,000 In Debt – How Does That Happen?
For some people, working from home during quarantine has helped them save money. After all, they’re no longer paying for parking, gas, lunches out, work clothes, etc. However, for others, quarantine boredom means that they’re spending a lot of time scrolling the Internet and buying things they need, but just as often, things that they don’t need. If you fall into the latter … [Read more...] about How to Cure Quarantine Boredom Shopping
Approximately one out of every four Americans avoid seeking medical care because of high out-of-pocket medical costs. According to a Bankrate survey of 2,500 U.S. adults, up to 22% of Americans in 2019 said they steered clear of some sort of medical care because it was too expensive. Americans aren't imagining these expenses, either. Between February 2019 and February 2020, … [Read more...] about Pay Less, Heal More: How to Save on Medical Expenses
ATTENTION ALL STUDENT LOAN BORROWERS: Do you know what is actually going on with your student loan debt right now? Sure, maybe your payments were paused as part of the CAREs Act that the U.S. Government signed into law at the end of March but are you really paying attention to what's happening to your debt or what could happen? In this article, we will look at the top 5 things … [Read more...] about Attention All Student Loan Borrowers: 5 Things You Need To Know About Your Debt
With unemployment filings at an all-time high and many industries and small businesses shut down due to the novel coronavirus pandemic, Americans are deeply concerned with how this health crisis will affect their lives. And that includes their finances. … [Read more...] about 7 Tips for Handling Your Finances During the COVID-19 Pandemic
Peer to peer lending (P2P) has become a way to earn a nice return on your penny and is now not only available to the millionaires and billionaires of the world. Investing in debt has never been so easy, with websites that allow you to do just that. In this article, we will cover all the ins and outs of P2P lending. … [Read more...] about All You Need To Know About Peer-to-Peer Lending
You already know the basics of what affects your credit score. From late payments to stretching your credit limit, you can hurt your credit score in many different ways. But did you know that renting a car when you're on vacation can affect your credit? Or that canceling a credit card once you've paid off your debt could too? … [Read more...] about 3 Things You Didn’t Know Could Impact Your Credit Score
Did you know the number one reason for spouses to get divorced is money? We have all hard horror stories of recent newly weds who found out one or the other had huge amounts of debt in their name. And I think we can all agree, one of the first reactions we have is "How did you not know about this sooner?". I get it. Money is a really sensitive topic for people to talk about, … [Read more...] about The Importance Of A Strong Financial Foundation in Relationships
Refinancing is when a loan is paid off in full and replaced with a new loan that has different terms. Refinancing can be done for many reasons but may not always be beneficial. This article will walk through the some of the best reasons to refinance a loan so you can determine if refinancing makes sense for you. … [Read more...] about When Should You Refinance Your Home?