Posts Tagged“personal finance”

Credit is a mysterious topic for many Americans. For some, it’s a nebulous and judgmental record, keeping track of all the times we mess up for no apparent reason. But there are perfectly good reasons why credit records exist. And, believe it or not, your credit history can actually do you a lot of favors. If you don’t know a lot about credit, you might not immediately see the relationship between your credit score and your first house. But the two are intimately related. If you have a bad credit score, it will cause you to pay a lot more…

Image: flickr You finally have a good relationship with your parents. So why rock the boat talking about touchy subjects? Ever consider that what you do not talk about could end up hurting them and you? Life expectancy across the globe is on the rise. And will likely only continue to rise as medicine and science advances increase at a faster rate than before. Do your parents have enough put away for a long retirement? These and other questions are essential for an easy transition into retired life. Doing so will also mean less worry on your part during your…

When you hear the words “cut back on costs”, it’s hard not to feel like you will somehow be missing out. Cutting back on costs usually means cutting back on things you enjoy and want. While it may be necessary to cut back on your costs to save some money, there are ways you can do it that won’t have you feeling as though you’re “missing out”. Here are some great tips you can use. Looking for Cheaper Entertainment Options Entertainment is usually the first area where people look to cut costs. This isn’t a necessary expense, so this means…

Personal loans are a necessary part of the average person’s life. While we’d all like to get through life without borrowing any money at all, this isn’t a realistic thing for almost anyone. Even people who are independently wealthy usually borrow money at one point or other – to buy a thing, to build a thing, to finance some large new endeavor. The question is: How do we set up personal loans so that they don’t damage our personal credit? The good news for future money borrowers is that there are ways in which to organize these loans so that…

want to be a lawyer

Whether inspired by real life cases of lawyers standing up for the little guy, watching too many episodes of Law & Order, or in search of lucrative pay, you decided you want to be a lawyer huh? While becoming a lawyer is not easy, it is definitely doable. Here are some tips on how to become a lawyer from start to finish. Get Your Degree To be a lawyer you need to get your law degree and in order to attend law school you need to have a bachelors degree. What you do in your undergraduate program matters. While working towards…

It’s easy to be wary of a thing like debt. The word comes with a lot of negative connotations, so many in fact that most Americans actively try to avoid taking it on. Unfortunately, for the vast majority of people living in the US, it’s just not possible to dodge living with debt. Between student loans and mortgages, there’s not a whole lot in life that you can buy on your own unassisted. Even small items or services, amounting to less than $1,000, may require the large number of Americans who live paycheck to paycheck to contact a lender.  …

Photo by CC user robbertjnoordzij on Flickr  Who wants to pay top dollar for things they can get for less? Nobody, that’s who. And this is why more and more smart shoppers are heading online to grab themselves discount deals, cut prices and super bargains on the web. The explosion in online shopping has seen 191 million US Internet shoppers, back in 2013, grow into a projected 215 million by 2018. The trend away from the mall into Internet stores has revolutionized the way we think about our purchases. Anything and everything from toothpaste to tractors, tech and even travel…

Collegiate life is sort of a fantasy world. It’s okay to roll out of bed at noon for class, eat copious amounts of junk food and while you likely don’t have much money, your parents tend to handle your immediate expenses. There’s a reason people often call it the college bubble. But that bubble tends to burst right around graduation (or at least when your student loan repayment period begins). After spending the first 22 years of your life depending on others financially, you are thrust into adulthood. Suddenly, you’re expected to do things you never had to. Things like…

[Photo credit: Lending Memo] People will jump through hoops to maintain a good credit score because everything runs on credit. Once your credit score drops, it can be difficult to bring it back up again. Fortunately, it is totally possible to raise a poor credit rating to a fair credit rating. It is also possible to turn a fair credit rating to a good credit rating. Lastly, it is possible to turn a good credit rating into an excellent credit rating. The jump from poor to excellent is just too large to manage. This is why it is important to…

photo by 401kcalculator.org For college students and their parents alike, there comes a different set of tax requirements. Without taking the proper steps and becoming educated on the right tax filings for students, many deductions and write offs may be missed. The process can become complicated, and mistakes can mean costly effects on a college kid’s bank account. For the students filing for the first time it can be a hairy process to determine exactly what to put within forms, and for parents navigating taxes during their child’s first year of college, the alterations might be more complicated than expected.…