Personal Finance


What to Know Before You Take Out a Second Mortgage

The term “second mortgage” usually refers to an additional home loan on the same property on which you already have one mortgage. If you own a home and find yourself in need of an infusion of cash – say, to pay for a wedding or unexpected medical expense – a second mortgage may be the right tool for you.  As with any financial ... More

How Payday Advances Can Fix Credit Card Debt

When you’re in credit card debt, you may be searching for a way to get out of it fast. The option of a payday loan might come to mind. The purpose of a payday lender is to offer a solution for short term emergencies. They aren’t meant to be a long-term fix for credit card debt. Why? In a nutshell, it’s because they are expensive. T... More

Why You Should Consider Having a Backup Credit Card

Many people have at least one credit card, and there are financial perks to using one responsibly. However, with so many cards and fantastic perks available, why have just one? Getting a second credit card allows you to keep your options open when making purchases, and it can be useful in an emergency situation, too. Below we’ll explore ... More

Kid-Friendly Personal Finance Tips to Teach Early On

Studies show that we develop our relationships with money – both positive and negative – as children. The examples we see from our parents, and the lessons they provide, stay with us unto adulthood and shape how we manage our finances. For this reason, it’s important to be intentional about how we speak to our children about money. ... More

Understanding the Debt Collection Process

If you’ve ever faced calls from debt collectors, you’re not alone. It can happen easily when life gets hectic and a bill accidentally goes unpaid. If your payment is more than 30 days past due, however, you may be turned over to a debt collection agency to collect payment and close the account. Don’t panic if this happens – you still ... More

Responsible Credit Card Use is Good for Your Financial Health

We’ve all heard horror stories about credit card debt, and it’s enough to make a person swear off credit cards completely. However, those alarming stories aren’t the only results of credit card use. For those who utilize them responsibly, they can be an integral tool in a consumer’s financial toolbox. Let’s take a look at a few ways ... More

Top First-Timer Credit Cards

Looking to apply for your first credit card? Here are a few options for you: Petal Visa card Fingerhut Credit card Deserve EDU card Image via BadCredit.org. More

What to Look for When You Check Your Credit Report

Financial experts recommend checking your credit report once per year, and it’s such an essential step to your financial health that it’s available annually for free. Still, many people are left wondering what to do next. Once you’ve accessed your credit report, what should you look for? The basic answer is errors, and here’s where ... More

Responsible Credit Card Use is Good for Your Financial Health

We’ve all heard horror stories about credit card debt, and it’s enough to make a person swear off credit cards completely. However, those alarming stories aren’t the only results of credit card use. For those who utilize them responsibly, they can be an integral tool in a consumer’s financial toolbox. Let’s take a look at a few ways ... More

Personal Finance Tips to Live By

Millions of Americans are living paycheck to paycheck and are consumed with worry about their financial futures. If you find yourself in this predicament and you’d like to add more financial security to your life, utilize the following personal finance tips to change your woeful money ways: Get Out of (Bad) Debt – Now! It’s true ... More