The mortgage stress test has been in effect for a little over two years now. Whether you’re planning to buy a home or renew or refinance your mortgage this year, it’s important to understand how the stress test works and how it will affect you. Regardless of if you’re buying a home or you’re already […]
It’s normal to want or do something you can’t afford at the moment. It can be a renovation project for your home or a vacation trip to a dream destination, among others. Nevertheless, not having the required budget doesn’t mean that you’ll give up on your goal. There are still ways you can take to […]
Just like debit cards and cash, using a credit card can be a great way to handle your finances properly. It refers to a payment card which a cardholder can use to pay for the purchases with an understanding that they’ll pay the card issuer with the amount borrowed along with other charges.
Approximately 21% of the American population has a credit score above 800, which is where you eventually want to be. This three-digit number talks a lot about our financial health. Why is it important to have a good credit score? A good credit score has many benefits like lower interest rates, quick loan approval, and […]
Image source: Unsplash.com Hardly anyone is completely satisfied with their current salary. Thus, it is natural to see so many individuals looking to expand the number of their income sources. Starting a side hustle is not that hard even if you have been stuck in the same job for years and hardly have any skills. […]
The world of credit has a dizzying array of options, and it’s often hard to differentiate between them. Your situation is likely to be unique, which is why understanding what options are available and how they differ is important for you to get the best option for your position.
Unlike many other assets, the value of gold has been maintained throughout history. It is considered as a great way to preserve wealth between generations. The Use of Gold Through History A review of the history of gold shows that it has been used as currency throughout advanced civilization. Even with the adoption of paper […]
It seems obvious that teens should learn about money. However, financial education for teens is sorely lacking. Many high schools offer little or no assistance in helping teens learn about money. While some parents make this a priority, others don’t focus on it at all. It might help both parents and educators to understand exactly […]
The Givling app has been around for a few years. However, in the last year or so, it’s really gained traction. More and more people are on their phones playing trivia. It’s promoted primarily as a “student loan repayment” app. However, you can also win money to repay your mortgage. So, if you have student […]
Unforeseen circumstances come up all the time and running short of cash is not unusual. When your savings are just not enough to cover expenses, you may need to look for emergency loans. Getting that cash advance is understandably not easy when your credit score is unimpressive and you’re running out of options quickly. What […]