That question may seem easy-breezy but, how much do we really need in our bank account? Many of us have been working for years, yet only some of us can confidently say that our budgeting is consistently successful. We all have different budgeting styles and we always choose what works for us. It all boils …
When you’re a young adult it’s easy to fall into the trap that time is still on your side. In a blink of an eye, you’ll wake up at 40 with no savings, a mountain of debt, and only one culprit – yourself. What bothers me the most is that financial literacy is not taught …
Refinancing, also known as “refi,” simply means you are reviewing the terms of an existing credit agreement. When you choose to refinance your credit commitment, you effectively seek to change your payment schedule, interest rates, length of the loan, and others. Consumer loans often considered for refinancing include mortgage loans, car loans, and student loans. …
Since childhood, we are taught that it’s always better to forgive that to hold resentment. Does it apply to the massive amount of debt we accumulated? Debt forgiveness is a real thing, but it comes with strings attached. Scam artists become more skillful in targeting struggling debt owners and promising to wipe all their debt …
Planning for retirement is stressful enough, not having your personal finances in order can make it that much harder of a transition in your life. The good news is, there are several programs and tools available to help you get your retirement finances in order. If you’re between the ages of 55 and 65, you should …
When it comes to personal finance, having a solid cash flow is extremely important to have sustainable growth in your savings & investing goals and making sure all your various bills are paid. The quickest thing you can do to increase cash flow for your personal finances today is to review your numbers in order …
When it comes to following a financially sound life, many people have the perspective of saving for a rainy day. Certainly this perspective makes sense but does it ever go too far? After all, while saving is a financially sound decision, hoarding may be more associated with an emotional approach that can end up being …
