There have been countless news articles and opinion editorials discussing an emerging crisis; the student loan problem. Most of the articles trend for a few days, we make a little noise on twitter, and then it all dies down. Meanwhile, the problem keeps deepening, and according to Forbes, student debt currently stands at $1.6 trillion. […]
When it comes to placing a dollar amount on “happiness” we often reach for the old adage… money can’t buy it. It’s a lovely saying that emphasizes the value of the un-purchasable things in life, but it’s not quite accurate. It turns out that, while you can’t buy happiness in a can (yet,) you can […]
Paying off debt can be overwhelming, especially when there’s a lot of it and you’re not sure where to start or what’s going to be more effective with as much (or as little) as you can pay right now. The debt snowball method has become increasingly popular with those who have large amounts of debts and large […]
Hedge fund managers, financial journalists and other self-described experts have tried to get an edge on the stock market for more than a hundred years, but research shows that even the most well respected active investment funds struggle to outperform the overall market. For individual investors, trying to beat the market can prove disastrous as […]
Debt is hard to avoid. It’s absolutely everywhere from the second you turn 18. Maybe it starts with student loans then morphs to a credit card “just for emergencies.” Your definition for emergencies loosens and starts to include gas, food, rent, textbooks, concert tickets, etc. College is about having fun and you can totally pay […]
It’s no secret that college is expensive. In 2018, NerdWallet reported the total outstanding student debt from federal loans alone is $1.5 trillion dollars! Significant debt negatively impacts your credit score, as well as that of any co-signers you may have. In addition, being in debt can prevent you from leasing your own car, renting […]
Don’t Stop Thinking About Those Taxes Just Yet If you’re like the majority of Americans you’re happy to finally put tax preparation behind you. The truth, however, is that it might not be time to forget about your taxes just yet. Experts say it’s never too early to start preparing your taxes. Getting an early […]
Achieving a perfect credit score isn’t hinged on your income or bank account balance nearly as much as your habits. These are the habits to get into if you want to see your credit score top out. Get On A Budget Nothing makes your debt spiral out of control more than not paying attention to […]
If you’re wondering whether you should open a new credit card but you’re worried about how it might affect your credit, the short answer is that it depends. Opening a new credit card can help your credit in some cases and hurt it in others but this depends mostly on what you choose to do […]
People mostly associate Social Security with retirement income but are not aware of the other benefits that the Social Security Administration (SSA) pays out for other significant life situations. Here is an overview of all the benefits available through the SSA. Retirement Benefits The monthly amount you get is tied to three numbers: (1) Social […]
