When starting a new year, one can always reflect on setting and making goals for financially meaningful reasons throughout the next one. Personal finance management is a way to save money and make smart choices that protect wealth-building activities, keep you out of debt, and set your path to long-term prosperity. Whether you want to pay off … Read more
Do people actually need a family budget? Having a fixed and pre-planned amount that can be spent every month on expenses would not only give peace of mind but also help as a powerful tool to predict expenses while saving for the future. When most people are wary of making up a family budget because … Read more
A private mortgage is a non-traditional financing option, usually provided by individuals or companies rather than a traditional lender. These mortgages are often sought after by people who fail to authorize a traditional mortgage or need short-term financing or a quick influx of cash. Let us get into what private mortgages are and why you … Read more
Many people are worried about money today, so it is important to make sure that you are doing everything possible to stay afloat in this sinking economy. Many people turn to rash methods to stay afloat, such as payday loans or using one credit card to pay off another, meaning that they are always caught … Read more
Going the FSBO route, or For Sale By Owner, is an attractive proposition: you will save on heavy real estate agent commissions, have total control over the process, and take pride in taking matters into your own hands. But selling a home on your own is no slight endeavor. In the absence of that expert, … Read more
Too many teens and adults go through life without ever having learned financial responsibility. This can lead to mountains of credit card debt and long years paying off loans that could have been avoided if they had known how to manage money from an early age. If you want to prevent this from happening to … Read more
When discussing personal retirement savings, it is not often you read about a new retirement account. New strategies or tactics are common, but a new account is unique. While HSAs are not new to the market (they have been around since 2004), their application to retirement healthcare is. Let us show you why HSAs are equally … Read more
Before we look at ways to improve our credit scores, we must first understand what a credit score is. In simple terms, a credit score is an estimation of an individual’s creditworthiness, which is arrived at by using a mathematical estimation based on a detailed analysis of one’s credit files. A high credit score is … Read more
For any family facing financial distress, deciding which debts to pay first is a constant issue every month. When you have limited income and more debt than your budget can handle, you have to start making hard choices to keep your family afloat. So, how do you decide which debts to pay first and how … Read more
It is frustrating when something major goes awry with your credit. You may think that you are going to be in a situation where you will never be financially qualified to buy a house, but that simply is not the truth. Today, there are more lending tools than ever that a mortgage lender can use … Read more