We’ll spend our entire lives making financial decisions. The wrong decisions can be difficult to undo and can cause major financial troubles. Good decision making takes some practice, but here are some guidelines to help you make better financial decisions. Think through your decisions. Avoid making major decisions on impulse. Otherwise, you’re more likely to make a mistake. When you’re faced with a financial decision, take time to think through the choice. Consider all the factors...
It’s easy to talk about the many potential pitfalls of using a credit card, such as the ability to quickly rack up a large amount of debt. While you need to be careful with your spending, here’s something to remember: with the right approach, you can take advantage of a variety of benefits. Here are three benefits of using a credit card, all of which could change your financial situation for the better: • Convenience. Are...
With 2017 coming to an end, it won’t be long before you turn your attention to the new year. This can mean many things to you both on a personal and professional level. As an employee, you may have one thing on your mind at this time: earning more money in 2018. While there are many ways to reach this goal, one of the best is to simply ask for a raise. There is no guarantee...
As you begin to ponder the idea of buying your first home, there will be many feelings running through your mind. You may be scared at the prospect of spending so much money at one time. You may also be excited about the positive impact this could have on your life. While it’s up to you to make the final decision, there are many questions you can answer to help you along the way. Here are...
Are you in the process of searching for your very first credit card? Are you excited about the prospects of finding an offer that will improve your financial situation? As you search for your first credit card, you’ll soon come to find that there are many offers to choose from. Some have more to provide than others, and in the end you will only want to select one. Although every consumer is different, there are three...
Are you finding it difficult to save enough money for retirement? Are regular monthly contributions not doing enough for you? Are you seeking new ways to save more money? If you find yourself in this position, it’s safe to say that you’re not alone. There are many people in the same spot as you, with some realizing that there is no better time than now for a change. Here are three ways to save more money...
Do you have an emergency fund? Are you in the process of building your account as to gain more financial comfort? Are you starting at zero? When it comes to your emergency fund, you may never feel comfortable. You may always feel like you need more money. Even so, having something saved in an emergency account is better than nothing at all. If you’re unsure of what you should be doing in regards to your emergency...
Not only are debt collections one of the most annoying types of accounts to deal with, they’re also terrible your credit score. Collections can stay on your credit report for seven years, making it difficult to get your future applications approved. Fortunately, there are ways you can keep an account from going to collections. Pay Your Bills On Time Accounts are sent to collections only after the original biller is unsuccessful in collecting payment from you....
The recent Equifax data breach has many consumers questioning how worried they should be about identity theft. The answer is very worried. Think about all the credit-related transactions you’ve made - or plan to make - over the course of your life. Not only could a thief make these same transactions under your name, they could mess up your records so badly that you have a hard time making transactions of your own. Thieves can open...
Gone are the days when you had to contact your bank for a wire transfer to send money to a friend or family member, then wait two to three business days for the payment to show up in their bank account. Several mobile payment apps have entered the marketplace allowing you to make instant money transfers to other people. Another feature that makes mobile payment apps great is that you don’t need the recipient’s bank information...
