Before you apply for any kind of financing, it’s important to understand how loans work so you know which type is best for your situation. Here are some common questions and answers about loans.
Graduation is a thrilling and terrifying time for high school and college graduates alike. Even with four significant years separating those monumental moments, five basic pieces of financial wisdom hold true for both sets of graduates. Financial advice for recent graduates:
Getting financially fit is the second most common New Year’s resolution, after weight loss, of course. For many Americans, getting financially fit means dropping the weight of credit card debt. Even if you’ve already stumbled and screwed up (or forgotten) your New Year’s resolution, there are over 10 months left in the year to get […]
As a new crop of college graduates enter the real world following graduation season, many of them will be new to renting apartments and paying their own credit card bills for the first time. In reflecting on the months following my own graduation and entrance into the working world, here’s what I’d tell my younger […]
Did you know having a good credit score can save you thousands of dollars? Credit scores (or Fair Isaac Credit Score) follow you from job to job and don’t just determine the interest rate you pay on your auto or mortgage loan. Your credit score also can contribute to whether you are promoted in your […]
TaxACT Weekly Favorites: November 8, 2013 Your November Financial To-Dos via LearnVest The holidays, end-of-year tax planning, winter travel … for many of us, this will be the busiest season of the year. All the more reason to make sure your finances are in good shape through the next few weeks. Who wants to worry […]
TaxACT Weekly Favorites: October 18, 2013 Don’t Get Sucker Punched By Your Own Debt Denial via Jeff Rose “Oh, we don’t have that much debt. Our house is paid off. We don’t have that many consumer loans.” These famous last words were uttered by a couple who had come to me for help with retirement planning. Or […]
Should I use cash or credit? This is a question that many consumers are asking because of the current economic uncertainty in our nation. In fact, revolving credit—largely made up of credit card debt—fell by nearly 20% last year according to the Federal Reserve. Credit card usage is definitely slowing due to less borrowing by […]