When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...

Pros and Cons of Having an Emergency Fund

Having an emergency fund may seem on the surface to be a common-sense proposition. Money set aside specifically for the purposes of having it in the event of an emergency acts can be a valuable buffer between yourself and financial ...

What to Know About Student Loan Forgiveness

Student loans can prove to be a heavy burden once a student enters the workforce. Forbes contributor Zack Friedman points out that student debt ranks higher than even credit card debt. Luckily for some former students, forgiveness ...

Determining Your Car-Buying Budget

Buying a new car is an exciting process, especially when you’ve been saving and waiting for the right one to come along. Cars are an expensive investment that take time and consideration. Before you hit the dealership, do a ...

6 Ways to Improve Your Credit Score

Credit scores are a sensitive topic for many people. The National Foundation for Credit Counseling performed a survey which indicated that more people would be more embarrassed to admit their credit scores than their weight (30 ...

Should You Pay Down Debt or Save?

What’s makes better financial sense — saving or paying down debt first? Deciding whether to tackle retirement planning or debt reduction first is a difficult choice. Both are daunting prospects and both carry serious weight. ...
Paying off debt can be trickier than it sounds. Many people have a mix of debt that ranges from student loans and credit cards to auto loans and mortgages.

Prioritizing Loan Repayment

Paying off debt can be trickier than it sounds. Many people have a mix of debt that ranges from student loans and credit cards to auto loans and mortgages. In the long term, it pays off to know where to start and what loans you ...
Creating and sticking to a budget is essential if you want to get out of debt and achieve financial security, but it’s easier said than done.

Useful Apps for Managing Your Expenses

Creating and sticking to a budget is essential if you want to get out of debt and achieve financial security, but it’s easier said than done. The proper amount of money to spend on various expenses can be difficult to calculate, ...
When seeking investment for a business or facing difficult financial times, it may be tempting to turn to friends or family for help.

Is it Wise to Borrow Money from Friends or Family?

When seeking investment for a business or facing difficult financial times, it may be tempting to turn to friends or family for help. Though it can be one of the easiest ways to acquire a quick loan, borrowers should be wary of ...
Many consumers are tempted to limit their debt by closing one or more credit cards as a result of the steady rise of the cost of living and credit card interest rates.

Should You Cancel a Credit Card with $0 Balance?

Many consumers are tempted to limit their debt by closing one or more credit cards as a result of the steady rise of the cost of living and credit card interest rates. However, though there are many reasons to close a credit card, ...