Tips for Getting Your Finances in Order
So we find ourselves celebrating a new year and many of us have already been working on our New Year’s resolutions. Losing weight and becoming healthier is usually one of the most popular resolutions and an important one. But maybe working toward a healthier financial life should be just as important and actually a priority…
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How to Save Money
Would you like to start saving some money in the New Year? Well, Dave Ramsey, the renowned financial radio show host, says everyone has good intentions when it comes to saving money, but many times life throws you a curveball and people find themselves spending whatever money they save. For those of you who may…
Best Time to Buy a New or Used Car
While research can identify and pretty much pinpoint the best time to buy a car, there are a number of factors that you should consider before you head to the dealership. The main thing you have to determine is if you are financially in a good position to purchase a car either with cash or…
The Importance of Creating a Budget
Creating a budget can be very difficult for some, especially when finances are tight. But it is something that everyone should do for their financial well-being. Keep in mind, creating a personal budget doesn’t have to be complicated because there are plenty of free resources and organizations that can simplify budgeting and help you navigate…
Steps to Take To Fix Your Credit Score
Some people don’t realize how a credit report impacts so many important things in their life. According to The Balance.com, an organization that is dedicated to helping people navigate through the special moments and milestones in their financial lives, your credit report contains a lot of information that many businesses use to decide whether to…
The Pros and Cons of Credit Card Consolidation
You may be asking yourself “Are those credit card balance transfers really worth the fees?” A lot of people use multiple credit cards for purchases and then end up needing to consolidate that debt to reduce paying higher interest rates, but is that really the best way to consolidate that higher interest debt? How do…
5 Financial Steps to Take During the Covid-19 Pandemic
There is no doubt that the Covid-19 pandemic has been stressful and overwhelming for most people. It has taken quite a bit for all of us to adjust to the behavioral changes. Dealing with financial matters has proven to be challenging, as more people resort to online shopping for supplies, ordering take out and conducting…
Test Your Financial Literacy
Test Your Financial Literacy with our 9 Question Quiz! A recent study conducted by the Global Financial Literacy Excellence Center at the George Washington University, found that only 16% of millennials were considered to be financially literate. This trend is troubling because so many Americans have outstanding debt, including 43% of millennials that are struggling…
The Difference Between Saving and Investing
Do you know the difference between saving money and investing? Many people understand the concept of saving money, but to explore the difference between saving money and investing, we will define saving money as income not spent, or deferred for later consumption. That includes money you put away for a rainy day (a rainy day…
Understanding the Importance of your Credit History and Score
Who needs a good credit score anyway? Credit history, credit reports, credit scores – you might be saying who cares about all this stuff? Maybe your parents help you with all your expenses, or you just think you can get through life without worrying about credit. Wouldn’t that be awesome, but the fact is…