The HELOC method is essentially you taking a loan to pay off your mortgage sooner. But at the moment, mortgages have one of the lowest interest rates available, unlike other types of loans. A HELOC can work for people with a low interest in personal finance and a history of poor money management. However, investing …
It’s not impossible to buy an engagement ring with a low credit score. You can still qualify for several personal loans, buy now pay later services, and jeweler financing offers. Getting a zero-interest credit card can be challenging with bad credit, so these options are more realistic. Deciding you want to spend your life with …
Financial literacy is not the same as mathematical literacy. You don’t even need to know maths to be financially literate. It has become necessary for me to put that out there because of the scary staggering lack of financial literacy in our society. Disturbing Financial Literacy Statistics Let me show you the disturbing numbers before …
Millennial households are earning now more than ever with a $69,000 median income. But most of them are still buried in debt and living with their parents. The lack of personal finance knowledge is to blame. Anyone can be quick to judge you on your financial decisions and management, but few will take the time …
We all have different views about “credit”, some of us are comfortable obtaining goods before payment, while some of us can’t sleep at night thinking about how much of our future income will go to our payables. I personally enjoy the credit basis especially when payday is days away, and that much-awaited item is already …
Wasn’t it Warren Buffet who once said, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”? This is a mantra I like to live by when it comes to financial planning – you can never start too early if you aspire to live a comfortable life. Like all things …
