Many people rely on apps to guide their personal finance decisions, create strategies for getting out of debt, and to track their financial health. One app that has quickly been gaining popularity in recent months is Robinhood, which aims to help people make money through stock investing without paying a commission. The app mostly attracts… Continue Reading
Repairing a poor credit score takes a lot of diligence and work, but the payoff can be very exciting. For many people, reaching a credit score of 740, which is widely accepted as the threshold between good and very good credit, is a major milestone. At this point, individuals become candidates for virtually any form… Continue Reading
People who want to learn about personal finance have more tools than ever before with the growing popularity of blogs, podcasts, and more. One of the best resources that individuals can use to learn more about taking control of their finances are TED Talks, a series of presentations providing unique insight on a particular subject… Continue Reading
People often think that managing personal finances boils down to saving money whenever possible and minimizing spending, but this is a very simplistic point of view. In reality, one’s financial wellbeing is more about mindset than actions. While actions are what get people out of debt and boost their savings, individuals need to take the… Continue Reading
A survey that Bankrate conducted last year showed that only 20 percent of American adults have no financial regrets, while more than 70 percent of respondents said there were very specific mistakes that they wish they had not made. Among the respondents’ biggest regrets, the one cited most often was not starting retirement savings early… Continue Reading
In today’s world, your credit score is important for everything from obtaining a loan to securing the lowest possible interest rate on a mortgage. Your credit score can even have a bearing on your ability to land a job. While a number of different tools exist to take control of your credit and improve your… Continue Reading
Individuals working to improve their credit scores need to understand how the score is calculated. There are many misconceptions about what factors do and do not contribute to this score. Dedicating time and energy to address issues that will not even affect one’s score is a waste of effort. Fortunately, when individuals understand the approximate… Continue Reading
To buy and sell stocks, you need to hire a stockbroker. This individual acts as a middleman between investors and the stock market. Brokers act sort of like salesmen to facilitate a sale on behalf of a larger brokerage house, such as Charles Schwab or Merrill Lynch. Once brokers carry out a transaction, they typically… Continue Reading
Recently, Equifax made headlines after it suffered a massive data breach affecting over 140 million individuals. The breach included data such as customer Social Security numbers, addresses, and birth dates as well as driver’s license numbers. For the most part, passwords were not compromised and only a few credit card numbers were revealed. People affected… Continue Reading