In the last six years, $112 billion have been stolen by identity thieves. To put that in perspective, for every minute that passes, another $35,600 is stolen. By this measure, it would take just about 4 minutes to pay for 4 years of college. These are the chilling facts published in the most recent identity theft report by Javelin Strategy […]
The good news is you are hopefully done with submitting your taxes for the year. The better news? Many of us have tax refunds coming our way from the IRS. Last year, the average tax refund from the Internal Revenue Service was $3,120. That’s quite a bit of change. Tax refunds often feel like a windfall, which […]
They say what goes up, must come down. But, does that really hold true? When it comes to banking fees, it seems that they only move in one direction: up. From overdrafts to account maintenance and beyond, it’s becoming increasingly more expensive for consumers to perform even the most basic banking functions. In most cases, […]
What does Tesla’s new Model 3 have in common with a bachelor’s degree? The price tag on Elon Musk’s new car for the masses, $35,000, is almost exactly the same as the average amount of student loan debt recent graduates are saddled with. It seems unfair to be penalized for taking out loans to challenge yourself academically […]
What do the following questions have to do with a credit score? White picket fence with a well manicured lawn or high-rise skyscraper with amazing city views? Sleek two-seater sports car or a four door sedan? Most people will need to borrow some money at some point in order to purchase a home or a car. One […]
What is a Financial Plan? Planning for the future is hard since so much can change; however, putting down the foundation of a financial plan now can help you prepare for whatever the future brings. Think of it as a personal money roadmap so that your future self can do all the things you think you’ll […]
Is there a certain amount I should save each month? What is a 401K? How can I invest? If you find yourself asking these questions, don’t worry, you are not alone.
If you listen to personal finance experts, you might hear conflicting advice when it comes to using credit cards or debit cards. Dave Ramsey thinks credit cards are evil, and the cause of all financial pain. Countless others will espouse the value of rewards or warn you never to use debit cards online or at […]
One of the biggest ironies of credit-building is that you need credit to build credit. According to a report released by the Consumer Financial Protection Bureau (CFPB), more than 26 million Americans are “credit invisible” and 19 million more are “unscorable.”
While sharing what you are doing on social media may seem innocent, it is important to remember that your friends and family may not be the only ones watching.