Having a good credit score can make your life easier in a variety of ways. For instance, you may be able to get loans at lower interest rates or insurance policies with lower premiums. It may also be easier to get a job or get an apartment in a desirable area. Let’s take a look at why a person may have a bad credit score and how to overcome it.
How Bad Credit Happens & How to Keep It from Holding You Back Read More »
Divorce at any point in life will be expensive and that is not just counting the lawyer’s fees. If you’re in the middle of a divorce or considering the process, take a close look at how your budget will change.
Considering Divorce? Your Budget Will Take a Major Hit Read More »
If you have a home, you most likely have a home insurance policy. However, you may not know exactly what you are covered for until you go to file a claim. This can be a risky strategy as even a small claim against you could cost thousands of dollars. Let’s take a look at what a typical homeowner’s insurance policy protects you against.
Legal Liability: What Exactly Does Your Home Insurance Cover? Read More »
Your first major car accident can be a very stressful time. You may feel in shock from the overwhelming physical and mental blows. Whether or not you were the one at fault, you will most likely find yourself with huge bills for repairing or replacing your vehicle and for any health care that you required. Arm yourself with this knowledge that can help you recover financially and land on your feet once again.
Making the Best of the Worst: 4 Tips for Financial Recovery after an Accident Read More »
Teaching kids how to take care of their money while they are still kids can help them become financially healthy adults. They must learn how to take care of their money, even if their school doesn’t offer classes in money management. You, as their parent, should teach them about the concepts of budgeting, saving, and spending. If you do, they stand a better chance of developing excellent and healthy financial habits that will benefit them well into adulthood.
3 Keys to Teaching Your Kids Financial Literacy Read More »
If you’ve made mistakes in the past that resulted in your getting a “record” whether it be Criminal or Civil these mistakes can follow you and make your life miserable (and much more difficult). Having a “record” can make it hard to get a job, rent an apartment, or get a loan or credit card. Drug crimes (including possession) can certainly turn employers off and make finding work much harder. You might think that there is nothing you can do. But if you’ve “turned over a new leaf” and are trying to get your life back on track you may be able to get your record expunged.
Have You Made Mistakes? Why and How to Get Them Expunged Read More »
Having a good credit score can make life a lot easier. According to an article on Capital One’s website, a good credit score will lower your expenses because “many lenders offer better terms and lower interest rates to people with good credit histories.” They also say that a Good credit score may make it easier to: Buy
Can’t Get Approved for a Loan? What It Takes to Repair Your Credit Read More »
In many ways, our financial habits are an expression of our personalities. Those who tend to be impulsive in other areas of their lives may be more likely to spend money on a whim. Those who tend to be more measured in other areas of their lives may also be more likely to be calculated when it comes to their finances. Let’s take a look at some other ways that your personality traits correlate with your financial success.
Money & Mannerisms: Traits That Lead to Success Read More »
When we think of bankruptcy we often think of irresponsibility with money, but job loss, divorce, tax liens and credit card debt are some other possible reasons that people might choose to file for bankruptcy. But according to a Harvard study 62% of all bankruptcies are actually the result of medical debts. One type of debt that can’t be discharged through bankruptcy is student loans. Regardless of the reason that you find it necessary to file for bankruptcy, it’s important to remember that this process isn’t as bad as you think. In fact, there are benefits that you can potentially reap from filing for bankruptcy.
A Fresh Start: 4 Reasons Bankruptcy Is Not As Bad As You Think Read More »
If you’re looking to buy a house in the near future, it’s important to know how much you can afford to spend. Setting a realistic budget will help you determine where you should buy, how much home to buy and how you will account for closing costs (including your down payment). How do you go about determining how much you can afford to spend on your next home?
How Much Mortgage Can You Really Afford Read More »
