Collecting debt is something most people face at some point in their lives. One of the most stressful parts of being in debt is falling behind on payments. If you’ve ever had to deal with people or companies trying to collect money from you, you know how embarrassing and frustrating it can be. Constant calls…
A recent survey on Teens & Personal Finance from February 2022 showed that over half of the teens polled (54%) feel unprepared for future financial challenges. Additionally, the rising cost of higher education has impacted the decision to go to college for about 69% of them. The survey also found that a worrying 41% of…
The National Retail Federation recently conducted a survey revealing that spending over Thanksgiving weekend increased by 9.1% compared to last year, including both in-store and online shopping. About 226 million people shopped over the “Black Friday” weekend, which is up from 212 million the previous year. This shopping period consists of Thursday, Friday, and Saturday,…
There are plenty of ways to reduce pollution, cut down on energy use, and save money. Many energy-saving measures can be easily implemented at home. For instance, properly insulating your doors and windows can make a big difference in your energy bills. Simple steps like sealing small gaps and cracks can keep cold air out,…
Everyone wants to pay less for insurance. Handling different plans can be expensive, so it’s important to find ways to save money. A great tip is to look at options from several insurance companies. Using full market brokers can help you get the best advice on all kinds of policies. **Life Insurance** There are many…
It’s well-known that three-day weekends, like Memorial Day weekend, come with major sales. Memorial Day, which unofficially kicks off summer, is a great chance to score deals during these sales. If you’re eyeing a big-ticket item, Memorial Day is the best time to find it at a significant discount. Here are some top items to…
You might have heard about structured settlements but might not be clear on exactly what they are. Words like annuities, plaintiff, and defendant can sometimes be confusing. So, let’s use some example stories to make the concept of structured settlements easier to understand. First, imagine an older woman who gets badly injured in a car…
Managing your investments in a tax-smart way can really boost your overall returns. But figuring out the mix of investment strategies and U.S. tax rules can be tricky, leaving many people unsure about how to minimize their tax bills. First, you need to know the type of investment accounts you have—whether they’re taxable, tax-deferred, or…
A Home Equity Line of Credit (HELOC) lets homeowners borrow money using their home equity as collateral. It’s similar to a second mortgage, with the original mortgage staying as the primary lien. Another option is a home equity loan, which also allows you to borrow against your home’s equity, but with some differences in benefits…
Investing can be done in various ways, with income investing and growth investing being two popular strategies, each with its own benefits and purposes. Income Investing: The main goal of income investing is to generate steady cash flow. Instead of choosing the most high-potential stocks, this strategy focuses on selecting stable investments that offer predictable…