Investing
In many ways, choosing between paying off the mortgage faster or investing more mirrors the decision gamblers make every time they place a bet at the slot machine. If you really think about it, each pull of the handle is just like when someone decides to “invest.” Sure, it’s possible to win given the right […]
5 minute read
Loans
Helping a family member or friend to secure a loan is a nice gesture. Co-signing a loan is very common, but not without its pitfalls. A poll by CreditCards.com found that 1 in 6 respondents had co-signed for someone else, whether to get a credit card or other type of loan. However, is it really […]
6 minute read
Budgeting
Most adults have a variety of debts. It’s just a fact of life for many of us. Consumer debt in the United States stood at just under $14 trillion at the end of 2019, according to the Federal Reserve. And among American consumers today, debt is concentrated in four main areas – mortgages, student loans, […]
7 minute read
Credit
Credit is an important part of your finances. Having a strong credit history and a positive credit score will make your life much easier. It ensures that you can get affordable loans, whether it be a mortgage, a car loan, or something like a credit card or line of credit. Your credit history and score […]
6 minute read