Personal Finance
Keeping separate bank accounts when married — or not — is a decision all couples have to make. When people marry they must deal with the loss of identity as individuals. They have to adjust to new life in a union. They must also develop and foster trust between one another. On top of that, […]
Just about anyone can become a millionaire by 50. Sustainable financial independence is the dream of virtually every ambitious person, of course. Some make it, some don’t. The truth is that it is entirely possible to become a millionaire by 50, if you are disciplined, tenacious, and willing to take the right steps at the […]
The question of whether to keep an old credit card open or close it can be a bit of a conundrum. Your credit history is a vital component of your financial health, and the decisions you make regarding your credit cards can have a significant impact on your credit score and overall financial well-being. Let’s […]
As you approach retirement age, it’s important to think about how you’ll fund your retirement. One popular option for retirement savings is an individual retirement account (IRA). In this blog, we’ll explain why you need an IRA for retirement and the benefits of having one. First, let’s define what an IRA is. An individual retirement […]
A recent Federal Reserve study found that 40% of Americans cannot pay an unexpected expense of just $400. And while six months of spending as an emergency fund is the gold standard, having just $2,500 in the bank can make a huge difference to most people. One problem with personal finance is that most people […]
Your credit score is one of the key factors that will have an impact on your long-term financial position. To get a perfect credit score takes diligence and some key decisions. Credit scores are used by everyone — cell phone service providers, landlords, credit card companies, insurance companies, and mortgage lenders — to determine your […]
Selling your home is an active process. It requires thoughtful planning and steps to make sure you get the best possible offer. Here are five ways to get top dollar when selling your home. Timing is everything If you want your home sale to be as successful as possible, it is important to take into […]
If you are struggling with credit card debt, you are not alone. While being able to earn rewards from a credit card can be very beneficial, if you’re carrying a balance and paying high-interest rates all of those savings will be for nothing. There are plenty of ways for you to pay off credit card […]
You should regularly review your credit report. Why? Because your credit report score has a major impact on your life, from renting a house to getting a credit card, buying insurance, getting a job, and applying for a loan. Unfortunately, many people do not review their credit report. Often, they fear that their financial situation […]
