The difference between good debt and bad debt is an important consideration when you’re building good credit. Having a credit card makes a positive impact on your credit as long as you make wise choices in the way you use that card. Follow these strategies to use credit cards to build good credit: 1. Limit […]
We all know that paying our bills late can damage our credit score. And most of us know that having too much debt is a challenge, too. However, there are some seemingly harmless things can harm your credit as well. Here are some surprising things that damage your credit: 1. Getting the wrong type of […]
Credit cards continue to be popular targets for hackers and thieves. However, companies are responding with new technology to keep your cards safe. Take advantage of these innovations and take your power back from the criminals: 1. EMV chip technology. Named after the companies that helped develop the chips (Europay, MasterCard, and Visa), this technology […]
Do you struggle to save money? At the end of each month, do you wonder where all your money went? Perhaps you spend beyond your means? If so, then this guide is for you! Discover how saving money is as much a product of the mind as well as your financial habits. And speaking of […]
Congratulations on buying your first home! This is surely a great achievement for you and the rewards can be very exciting. As a homeowner, you have equity that’s solid. There’s so much you can accomplish now that you have this asset under your belt. What you’ll now realize, however, is that your bank account has […]
If you’re paying a mortgage, at one time or another you’ve probably thought about what it would be like to pay it off. You’ve likely dreamed about living the life you desire, unfettered by the ball and chain of having to pay your loan payment every month. Before you make a decision, however, take a […]
Are you trying to save for a down payment on your dream house? A bigger down payment can make it easier to obtain a loan and reduce your monthly mortgage payments. If you’re trying to save for a down payment, consider these strategies: 1. Set a down payment goal. It’s easier to save if you […]
Owning a home is clearly number one on the wish list for many of us. However, owning a home outright is a close second. From a financial perspective, paying off your mortgage faster is a smart move. Being mortgage-free allows you to decrease your monthly expenses dramatically and enables you to finally give your retirement, […]
Home equity loans are quite simple to understand. It’s a loan that is secured by the equity that exists in your house or condominium. If you’ve ever heard the term “second mortgage,” you’re familiar with home equity loans. Home equity loans can be a great way to tap into your equity and put that value […]
A bumpy stock market can provide quite a ride. For many, nothing matches the thrill of knowing you made a bundle investing in a certain stock or fund. But when the stock market begins to drop, investment fears set in. Those fears can take over your capacity to manage your money and investments successfully, unless […]