You have a lot of financial goals for the new year, but you’re not sure how to go about completing them. Do you finish one before the other, or work on them simultaneously? Like everyone else, many of my New Year’s Resolutions are personal-finance related. I’m hoping this will be the year for me to […]
In response to the Dodd Frank Wall Street Reform and Consumer Protection Act, new mortgage laws will take effect on January 10, 2014. If you’re in the market for a new home, or planning to refinance in 2014, here’s what you need to know. The Qualified Mortgage Rule The Qualified Mortgage rule places new limitations […]
The results are in: the latest Gallup poll shows that more Americans prefer saving money to spending it. This is no news to retailers, as many major chains have been experiencing unusually low sales for the holiday season. Sales through Thanksgiving and Black Friday were surprisingly lackluster — a warning sign that, for various reasons, […]
The Project on Student Debt at The Institute for College Access & Success just released a report indicating that, for the fifth year in a row, the average amount borrowed by college students has increased. The average debt for undergrad students in 2012 was $29,400. Even if you consider the fact that some of that […]
Your credit score is an important piece of your financial puzzle. Using your credit score, lenders and other financial services providers make decisions about you — from whether to lend you money to what sort of interest rate you’ll get. A low credit score might even cause you to pay a higher security deposit to […]
There are many rewards that come with using credit cards responsibly. With rewards cards, you can rack up points to earn free travel, gift cards, and even cash. On the surface, using credit cards to pay your bills looks like a great idea. Why not get paid to buy what you’re going to buy anyway? […]
