How Much Should I Save Each Month?

How Much Should I Save Each Month

No matter what stage of life you’re at, saving money and maintaining a strong personal balance sheet is imperative to financial security. It’s one of the primary reasons behind giving allowances to kids: not just to teach the relationship between work and money, but also to introduce the idea of long term planning in regards […]

Credit Unions vs. Banks

Banking

During the 2008 financial crisis, many people began losing their faith in the American banking system. With a storm approaching and systemic risk seeming inevitable (in which banks are so heavily interconnected that the failure of one would lead to a failure of them all), countless banks were forced to fess up to the risky […]

How To Trade In A Car

How To Trade In A Car

Got a car you just want to get rid of, sell, or trade-in? It really doesn’t matter whether it’s an old car or just one you simply can’t afford anymore – you have dozens of options. With the used car market booming, dealerships are even cold-calling and sending out letters to find owners who are […]

What Is A Good Credit Score?

What Is A Good Credit Score

A good or bad credit score can affect every facet of an individual’s or family’s financial life, from mortgage rates and auto loans to employer background checks and life insurance rates. Lenders, landlords and even employers consider a credit score a reflection of an individual’s reliability and honesty – correlating an individual’s management of their […]

Should I Pay Off My Mortgage Early?

Invest In Your Home

Over the years, viewpoints on mortgages have changed considerably. Many of us learned from an early age to pay off our bills or loans and get out of debt quickly. However, that theory seems to have changed over recent years. Sometimes leveraging your income or cash flow to make a big investment and having a […]

How Can I Improve My Credit Score?

Credit Scores

Oh, the credit score. It can sometimes make or break a person’s financial success. If you have a high credit score, you will get the lowest interest rates and best deals when it comes to your home mortgage, car loans, insurance rates, and business loans. As long as you keep up the payments, the world […]

How To Write A Check

How To Write A Check

Many young people these days have probably completely forgotten about checks. In the last 5 years, I think I’ve written about a dozen checks. With debit and credit cards, bank transfers, ACH and wire transfers, PayPal, and other mediums, it doesn’t seem like we use personal checks all that often anymore, unless you run a […]

Credit Score Range – What Is A Good Credit Score?

What Is An Excellent Credit Score?

Credit scores are some of the most confusing, yet essential components of personal finance. Reminiscent of our school days, consumers are basically “graded” on how well we manage our finances, ranging from Excellent to Poor, rather than A to F. If you’ve never applied for a mortgage or auto loan, you’ve probably wondered “what is […]