Want to give your kids a head start on financial and credit health? Start with these basic concepts, and then practice, practice, practice.
What You Don’t Know Could Hurt You You’re a champ at making your credit card payments on time. But checking your credit on the regular? That’s an entirely different story. It far too easy to forget to monitor your credit, but it could be dangerous to do so. You don’t want something damaging to sneak
Wouldn’t it be nice to have some money in the bank? An emergency fund relieves stress by allowing you to handle life’s curve balls as they happen. A small savings account feels great and is the perfect motivator to grow your savings even more. Unfortunately, millions of Americans don’t have enough stashed away to get
We all have those specific dates that we can never forget. These are the dates that mark a significant life change. For me, October 2, 2010 marked the day I became a wife. June 14, 2012 marked the day I became a mom. January 6, 2014 marked the day I lost the most. On that
What do you think when I say the word “budget”? Do you roll your eyes? Cringe? I want to help you see your budget in a new light. A budget is freedom. It’s the path to getting what’s most important to you. Most of us wouldn’t consciously trade in a home or the opportunity to
Saving money can be tough, but having savings is essential to financial health. You can start building your savings lots of different ways, but do you know what to do with your savings once you have some? We’ll help you learn where it’ll do the most financial good. Why you need a savings account Your checking account
Financially speaking, when you refinance you trade in one loan for another, hopefully better, loan. When you refinance a loan, you are usually trying to achieve at least one of three possible goals. First, to save money by getting a loan with a lower interest rate. Second, to lower monthly payments to make them more
Sipping lemonade on the front porch of a paid-off home has long been an American dream. This is doubly true for retired folks. Lately, though, homeownership patterns have changed. The homeownership rate among seniors has been slowly declining over the past decade as these folks increasingly opt to rent. This trend seems to fly in
Credit is a powerful tool for achieving financial goals, such as buying a car or owning a home but for many consumers, it’s a mysterious concept. Young adults, in particular, tend to view credit with a certain degree of wariness. Thus, they often misunderstand basics of how credit works and why it’s important. Consider this.
Buying a home is a major financial milestone and it doesn’t happen by magic. To get a mortgage, the consumer must do some necessary financial legwork well in advance. Lenders look at the borrower’s complete financial picture to determine whether he or she qualifies for a loan, and at what terms. The complete picture includes