Starting the homebuying process can be like taking a crash course in a different language, especially if you’ve never bought before. There are so many unique variables and possibilities, it’s almost impossible to have a complete grasp on the intricacies of the real estate industry as a whole.
Thankfully, you only have to understand the aspects that pertain to your situation – and even that can be challenging. That’s why it can be helpful to work with a financial advisor, someone who can fill ...
You've probably heard of personal loans, either on TV or radio commercials. Some banks advertise them as debt consolidation loans, while others may suggest them to pay for elective medical procedures.
Personal loans are a unique type of debt product with their own features. They can be used responsibly, like to start a business, or irresponsibly, like to finance a vacation. Before you apply for a personal loan, read below to see what you need to know and how to find the best loan for you.
Nowadays, consumers can pay most of their bills with a credit card. Even stores that used to require cash or debit cards allow credit cards. But one hurdle remains rent. Many tenants still have to use old-school checks to pay rent, even when credit cards are almost universally accepted elsewhere.
Read below to find out if you can pay rent with a credit card and why you might not want to.
Can I Pay Rent with a Credit Card?
First, ask your landlord if you can pay rent with a credit card. Unless...
Student loan debt has mushroomed dramatically over the last two decades. The total amount of outstanding student debt just passed $1.5 trillion earlier this year, putting it second only to mortgages as the type of loan on which Americans owe the most.
The amount of average student debt per person has also exploded, with a substantial number of borrowers owing mortgage-like sums above $100,000, according to a recent student debt study from MagnifyMoney parent company LendingTree.
But, as the s...
When caring for someone with special needs, you want to feel like you're providing the very best care for your loved one. Providing this support can be an enormous responsibility — one that could leave you with concerns about the future. And when it comes to special needs planning, establishing a strong financial foundation is likely your top priority when you're gone.
It’s a story as old as the first loan: a borrower takes on some form of debt - whether it be a student loan, credit card, personal loan or mortgage - and finds themselves unable to make the payments. Maybe they’ve been hit with unexpected medical expenses or a loss of income. Maybe they’ve just been spending irresponsibly.
If you’re reading this, chances are you or someone you know has been scammed at some point. The Better Business Bureau has already recorded 12,894 scams and counting so far this year—the crazy part is, that’s almost 10,000 less than at the same time in 2017.
You might think you know what to watch out for but buying a home opens up a whole new avenue of potential fraud most have never considered. Home improvement scams prey on optimistic homeowners, grateful for the chance to renovate or resto...
As more companies encourage their employees to sign up for high deductible healthcare plans, more employees are becoming eligible for HSAs. Unfortunately, being eligible is just the first step. Much like a 401k, there’s not much point to having an HSA if you don’t actively contribute to it.
Freelancing costs money. Even one-person operations have some overhead to get the wheels spinning, from pens and pencils to thousands of dollars in high-end equipment. And while a small business loan can work in certain situations, ongoing expenses are almost always better taken care of with a credit card.
Investing is not black magic — but among many people, it certainly has that reputation. With so many moving parts and unpredictable possibilities, it's not surprising that investing myths are common.
Figuring out how much to contribute to your FSA is a bit like deciding how much food to bring on a backpacking trip. Once you get out in the wilderness, you're stuck with the rations you've brought - if you packed too much, you may have to toss it along the way. If you packed too little, you'll have to end the trip early.
Funnel any windfalls to your loan payments.
Living with roomies (again) could free up payment dollars.
Income from extra gigs can help shrink your loan fast.
After graduating from Indiana University in 2011 with a bachelor’s degree in journalism, I felt uneasy about my employment prospects but confident I could repay my student loans. I had taken out $24,000 and felt assured that my future job would support repayment of that debt.
However, when I first started making payments on my student lo...
Pop in, at least once a year. It’s important to check in and evaluate.
Find ways to save by scouring your credit cards, loans or subscriptions.
Most people think of spring cleaning as the act of scrubbing their home and purging unwanted clothes, books and furniture. But spring cleaning can also mean organizing your entire life, from your finances to your career to your digital presence.
Here’s how you can take advantage of the new season to get your life in order.
Clean up your ...
For the last year or so, I’ve been trying to cut back the amount of time I spend on sites like Instagram, Facebook, and Twitter. But recently, I noticed that when I spend more time on social media, my online shopping goes up.
Then it hit me: Social media makes me want to shop.
Employer: “We can offer you $7.25 an hour plus a free meal every shift. Also, you’ll only work late nights and early mornings.”
As your career has progressed, hopefully you’ve gotten better offers and more comprehensive benefits packages. Eventually, like most people, you’ve probably come across something on a job offer letter and thought “I have no idea what that is.”
Financial incentives can be great, but only if you understand what they are and how to take advantage of them. The...