Numerous everyday decisions can have a deep impact on your household’s finances. You could be quite surprised how much influence your day-to-day choices have over your current debt, potential future earnings, and retirement. Financially sound households tend to consider the short and long-term potential impact of all financial decisions, including those that have nothing to […]
If you’ve heard the common financial advice once, you’ve heard it 100 times. Here’s a few tips that you might have not heard before? Sometimes when you see a new perspective, perhaps it will generate new ideas, thoughts, and actions. A new perspective may just change your financial future. Consider these financial tips to change […]
Every minute, the United States’ national debt is climbing and climbing with no end in sight. The national debt is currently over $20 trillion. If you can’t quite fathom how large of a number that is, it’s 20,000 billion, or 20,000,000 million. To put it into perspective, that’s more than $170,000 for each and every […]
Saving money and eliminating debt is the topic du jour in personal finance. These days everyone is looking for ways to do either or both of these things. It takes a lot of hard work, but it is possible to take control of your existing debt and learn to live life within your means from […]
Most money “survival guides” tell you the exact same thing: spend less money than you make. This sounds so obvious that it’s almost ridiculous to say it at all, but think about how many people spend themselves into debt well beyond the income they actually make. Even people who earn high incomes often carry huge […]
Maintaining a solid credit rating is vital to the future of your personal financial success. One challenge with credit though, is that it can seem impossible to get offered credit unless you already have established good credit. Starting from scratch with no credit history can make gaining traction in the financial world seem like an […]
If you’re tired of “investing” by paying someone else’s mortgage, it may be time to look deeper into purchasing a home of your own. It’s more reassuring to know that the money you’re putting toward your home equity each month is going into your own pocket and not your landlord’s. Contrary to popular belief, you […]
The first step to improving anything is to find out where you stand currently. Obtain a copy of your latest credit report. Once you have a position established to work from, you will know where you stand and you can take action to raise your score. There are numerous companies that advertise a “free” credit […]
Spreading holiday cheer does not have to cost a lot of money. While some aspects of the holiday season are about giving, it doesn’t have to be all about spending. There are plenty of ways to show your love and appreciation without spending a fortune. Use these strategies so you can have a great holiday […]
Before the financial crisis, anyone who could fog a mirror could qualify for a mortgage. Since then, government regulation has made getting approved for a mortgage anything but a sure thing. The requirements are more onerous than they were 10 years ago and debt-to-income ratio requirements are more stringent than in the past. Although it […]
Financially Fit Formula