Category Archives: Debt

Here Are 5 of the Best Tips for Paying off Student Loans Quickly

Here Are 5 of the Best Tips for Paying off Student Loans Quickly

Individuals need to think carefully about the implications of taking out student loans before they sign on the dotted line. Many students have taken out these loans without thinking about how it will affect them in the future, and they have experienced financial difficulty as a result. After all, student loan debt typically cannot be… Continue Reading

5 Simple Things You Can Do to Repair a Bad Credit Score

5 Simple Things You Can Do to Repair a Bad Credit Score

Good credit scores can drop to dangerous levels rather quickly. With only a handful of missed or late payments, one’s score can fall below 600, which severely limits a person’s financial opportunities. People with a score this low may not qualify for the apartment of their dreams and could even pay more for insurance. Interest… Continue Reading

7 Easy Ways to Increase Your Credit Score

7 Easy Ways to Increase Your Credit Score

Several factors go into determining a credit score, and to raise it people should focus on as many of these components as possible. The most important aspect in determining one’s credit score is payment history, but a person’s amount of debt is also important. Other factors include inquiries into credit, the types of credit secured,… Continue Reading

The 5 Steps Involved with Purchasing and Financing a Home

The 5 Steps Involved with Purchasing and Financing a Home

The decision to buy a house is stressful enough without having to contend with the confusing mortgage process, which adds significantly more pressure to the entire situation. Before making the decision to purchase a home, buyers should spend some time investigating the purchasing process, so that they know what to expect and can prepare themselves… Continue Reading

6 Things You Need to Know Before Getting a Student Loan

6 Things You Need to Know Before Getting a Student Loan

One of the biggest sources of financial stress that both parents and their children face is how to pay for college. Even when parents are diligent about saving money, rising costs of education can still make it necessary to take out student loans. Unfortunately, many parents and students take these loans out blindly without thinking… Continue Reading

5 Things Recent College Graduates Need to Know about Money

5 Things Recent College Graduates Need to Know about Money

When people graduate from college, they typically have little experience managing their personal finances. While some schools do offer financial literacy classes, these courses are generally not required, and many students have no access this type of resource. After graduation, young people often join the work force and bring home their first paycheck, which proves… Continue Reading

5 of the Worst Mistakes Parents Can Make as They Save for College

5 of the Worst Mistakes Parents Can Make as They Save for College

One of the most stressful tasks that parents face is saving money for college for their children. With the cost of higher education continually increasing, parents can quickly feel overwhelmed by the numbers. To make matters even worse, a number of different savings options exist, and choosing the best one can prove difficult. While it… Continue Reading

5 Common Personal Finance Tips That You Should Ignore

5 Common Personal Finance Tips That You Should Ignore

Personal finance tips come from a wide variety of sources. We may get tips from our family, friends, and coworkers, or even from finance professionals. However, not all advice should be considered quality guidance and, in fact, many of the most common tips circulating today should be altogether ignored. When you’re on the path to… Continue Reading