Category Archives: Finance

Free Credit Report

Free Credit Report

The end of the year is a good time to remember to get your free credit report. Although the Fair and Accurate Credit Transaction Act of 2003 gives you the right to a free credit report once a year, only 4% of us get it. You can claim your report once every 12 months atRead article

6 Best Credit Cards For Rewards In 2016

6 Best Credit Cards For Rewards In 2016

Find out which credit cards are best for rewards (cash back, airline miles, points, etc.).  Read the article “The 6 Best Credit Cards For Rewards In 2016.”

Debt Consolidation

Debt Consolidation

Few things can make you feel more out of control than having payments due on multiple credit cards and loans and not enough money to pay them. It can be emotionally and financially draining. Certainly, the solution is to not acquire too much debt in the first place, but if you already have, debt consolidationRead article

Renting vs. Buying a House

Renting vs. Buying a House

It is now cheaper to buy homes than to rent them in 98 of the top 100 metropolitan areas.  And most markets are expected to appreciate in the next few years. If you have good credit, this is the best time in 40 years to buy. Want to trade up? Even though the buyer ofRead article

Everything you need to know about finances

Everything you need to know about finances

University of Chicago social scientist Harold Pollack says that everything you need to know about finances will fit on one index card. His advice is summarized below: MAX your 401(k) or equivalent employee contribution. Buy inexpensive, well-diversified mutual funds. Pay attention to fees. Avoid actively-managed funds. Never buy or sell an individual security. The personRead article

Solve the Riddle of Debt by Spending Less of Your Hard-Earned Money

Solve the Riddle of Debt by Spending Less of Your Hard-Earned Money

Most Americans are adventure junkies and love to live on the edge. But when it comes to financial management, living on the edge can actually complicate your financial state. As a matter of fact, 49% of Americans don’t have an emergency fund in these tough economic times. This is one of the reasons why AmericansRead article

Preventing Fraud

Preventing Fraud

The perpetrators of scams, fraud, and other forms of theft never seem to take a break from trying to steal our money and personal information, despite our best efforts to protect ourselves. There are, however, simple steps you can take to significantly reduce your chances of becoming a victim. Be alert and proactive in protectingRead article

Social Security Statements

Social Security Statements

The US Social Security Office has stopped its previous practice of mailing statements to most workers. However, you can go online to see your earnings history and estimated benefits. See ssa.gov/mystatement.

Do You Have Unclaimed Money?

Do You Have Unclaimed Money?

Every year, millions of dollars in bank accounts, stock certificates, checks, insurance checks, bonds dividends, and security deposits are turned over to state governments because the owners cannot be located. Some of this money could belong to you! Companies are required by law to send funds from lost accounts to the state of the owner’sRead article

Preparations to Make Before You Die

Preparations to Make Before You Die

It’s a fact of life that we’re all going to die at some point. While it’s not something you probably want to think about, you can make things a lot easier on yourself (and your family) if you get everything in order now. Here are 7 simple steps to take to be ready. They areRead article

Switching Banks

Switching Banks

Tired of the fees, low interest, or bad service at your bank? The infographic below shows how to switch to a new bank.

Balance Your Checking Account

Balance Your Checking Account

Today with online banking and mobile apps, many people no longer bother to balance or reconcile their checking accounts. But even though bank errors are rare, there are still some good reasons to at least review your account monthly: See how much you’ve spent during the month on various categories. Sometimes it’s helpful to addRead article

Get Better Savings Rates

Get Better Savings Rates

With interest rates on savings accounts near zero, what do you do with your money in savings? Here are 2 ideas: 1. Get a high-yield checking account. You can earn nearly 20 times the rate of the average savings account and also avoid typical checking account fees. Local banks and credit unions typically offer theRead article

Emergency Cash Fund

Emergency Cash Fund

Given the volatile nature of the world we live in, it is prudent to prepare yourself with a basic supply of food, other necessities, and money—in case of an emergency or a change in life situation. Emergencies or Life Changes When you hear “emergency,” you probably think of a hurricane, earthquake, or other natural disaster. Maybe youRead article

6 Ideas to Build Your Savings

6 Ideas to Build Your Savings

1. Have money automatically deposited to your 401(k), savings account, or college savings account. This is a more sure way to build your savings. Although fewer than 40% of savers do this, it is easier to exercise self-control if your money is less available. 2. Each time you get a raise in pay, send halfRead article