Category Archives: Spending

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

6 Important Things to Do When Buying Your First Stock

6 Important Things to Do When Buying Your First Stock

When tasked with making their first stock purchase, the average person is often unsure about how to proceed. Even those who have done their homework to learn about the stock market and choose the best stocks for their purposes may not understand exactly how to perform the transaction. The following is a brief guide to… 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

3 of the Most Eye-Opening Financial Tips to Implement in a Medical Emergency

3 of the Most Eye-Opening Financial Tips to Implement in a Medical Emergency

One of the leading causes of bankruptcy in the United States is medical bills, even for people who have insurance. Preparing for the unexpected, such as emergency medical care, is one of the keys to continued financial solvency. This is especially the case during retirement, when people’s income is often limited. Estimates show that average… 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 Important Considerations for People Shopping for Mortgages

5 Important Considerations for People Shopping for Mortgages

The decision whether to rent or purchase a home is complicated and deserves a lot of careful consideration. Once someone decides to purchase a home, the questions only become more difficult when the need for a mortgage arises. Very few people can afford to purchase a home outright, so the vast majority of individuals will… Continue Reading

How to Teach Your Children about Financial Responsibility

How to Teach Your Children about Financial Responsibility

Perhaps the biggest financial stress when it comes to raising children is saving for college. However, long before parents send their children off to higher education, they need to instill in them a sense of financial responsibility. Many parents struggle to find meaningful ways to interact with their children about money, and some avoid the… Continue Reading