Any time you borrow money to use to purchase goods or services when you need them is credit. We’re usually talking about loans of some type. They are generally from a credit issuer such as a bank or financial institution. The amount is paid back on an agreed upon time...
You can survive personal bankruptcy. The emotional stress, the financial hardship, the new lifestyle; you can do it. While you may feel embarrassed and burdened by your current situation, a surprising 765,863 non-businesses filed for bankruptcy in 2017, so you are not...
Owing money means you have debt. Most people have “acceptable “debt such as a home mortgage and or car loan. It’s a part of life for most Americans, its simply how we live and how we build credit. For many, however, managing debt is challenging. Losing financial...
No matter what age you are, going back to school can be a costly experience. Students debt is climbing and can put a young adult into financial ruins quickly. This is especially true with college. Being aware and cutting corners as a student can really make a...
It is never a good time to have a financial emergency. If you are not prepared, it makes it worse. The unexpected can happen at any time to anyone and can stress your wallet as well as your emotional health. It is always wise to be financially prepared, but most...
Did you know that there is such a thing as being financially literate and illiterate? Based on some research data from the Financial Industry Regulatory Authority it’s very true! They found sixty-three percent of Americans are financially illiterate. This means that...
