Donating to charities and nonprofits is one of the most fulfilling uses of your money, but should you hand over your hard earned dollars to a nonprofit if you have big debt? Probably not. Let’s take a look at why, how you can have a greater long-term impact, and other ways to contribute outside of […]
In a recent survey, about one-third of respondents who earn less than $30,000 per year said is it a good idea to draw from home equity to pay for regular bills. That is about 3x the number who said it is a good idea in the $75,000+ income range. So who is right and when […]
On September 21st, a new law went into effect that makes credit freezes free for all Americans. The new law came in response to an egregious data leak at credit scoring agency Equifax where the credit report details of 134 million Americans were stolen by hackers. Now that you can lock and unlock your credit […]
An iPhone is a common purchase for people all over the world. Around 223 million Americans have a smartphone, and 43% (around 96 million) have an iPhone, according to Statista. The fall 2018 iPhone lineup includes a flagship iPhone XS Max with a top $1,449 price tag. That is a ton of money for a […]
Do you budget for vices? A recent study found that households earning less than $30,000 per year spend 13% of their income on things like lottery tickets, prepared drinks, and restaurants. The same low-income families spend an average of 4x as much on lottery tickets as households bringing in $75,000 or more in annual income. […]
Once during school, I was chatting with a friend about our college majors. As a finance major, I knew I had a lucrative career path ahead. I asked my friend if she planned to teach or go to law school with her history degree. She said she didn’t want to do either and just picked […]
No one ever said, “I sat around and complained about my finances until they fixed themselves.” It takes time and dedication to turn around your money. But the first step before anything else is getting a clear understanding of your current financial situation and what exactly you want to fix. With that information in hand, […]
Money, including how we use and borrow it, has changed dramatically in just the past decade. Traditional payment methods are now peer-to-peer, contactless, and mobile versus cash, check, or plastic. We have primarily the internet and technology to thank for the new ways we conduct transactions. Now, imagine what will happen with money in the […]
Whether it is a small mistake on your part or a big question about your credit card, most credit card customers inevitably end up calling credit card customer service for help at some point. As you’ve probably noticed, your experience when calling in for customer service can vary dramatically. While the random dose of luck […]
Your credit score is an essential part of your finances. If you are interested in buying a home or a new vehicle with a loan, you may need to fix your credit score ASAP. The difference between an excellent credit score and a poor one can be worth tens of thousands of dollars over the […]