Inflation continues to rise, and interest rates are still increasing, so many people are also seeing their savings dwindle and disappear. All of this will undoubtedly lead to their credit card debt increasing as well. Nobody ever wants to be in a position where his or her emergency savings are gone, and their credit card […]
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10 Things To Do After You’ve Paid Off Your Student Loans
Student loan debt has now surpassed credit card debt by over $3 billion. Student loan debt will probably continue to rise quickly unless the government understands its implications on the US economic growth and takes REAL action to mitigate the problem. The graduating class of 2022 is the most indebted in history, with over $56 […]
Continue ReadingCreative and Crazy Ways to Save More Money
There are always ways to cut costs and save money, for those who have sufficient motivation and are willing to look for ways to get their financial houses in order. There are “no-brainer” ways to save money all over the Internet, but I think those are pretty boring, so I’m not going to discuss those money saving tips. […]
Continue ReadingHow to Manage Your Finances During a Furlough
A furlough is an action of placing an employee in a temporary nonduty and nonpaid status because of lack of work or lack of funds. There are two main types of federal government furloughs — a “shutdown” furlough and a “save money” furlough. We are currently experiencing a partial government shutdown furlough, and it’s hitting […]
Continue ReadingHow to Deal with the Financial Effects of a Natural Disaster
Natural disasters can cause an enormous amount of devastation and damage, but the effects can actually be more far-reaching than many imagine. When a natural disaster strikes, debt and/or your personal finances are probably the LAST things on your mind. But these two topics are going to come to light pretty quickly after something bad […]
Continue ReadingRidiculously Simple Ways To Improve Your Finances
Personal finance articles and websites contain plenty of helpful pieces of advice to take control of a difficult financial situation and learn how to improve it. Unfortunately, many of the methods are either excessively complex or do not pertain to an individual’s or family’s real-life circumstances. These people want answers that work for them. Luckily, […]
Continue ReadingHow to Save Money for a Rainy Day
Saving money for a rainy day may seem impossible at times. Everything around us seems to be increasing in price, yet your pay probably remains stagnant. Everyone should attempt to put away money for an emergency, even if it’s only a little at a time. If you don’t already have one, then you probably often […]
Continue ReadingOutstanding Tips to Help You Save More Money
Saving money isn’t always easy! We start out with the right thought in mind but tend to get side-tracked or distracted and before we know it, our money is all gone. Let’s say that you are totally committed to saving money, but you find yourself falling into the trap of spending an extra $5 here […]
Continue ReadingShould You Take Out A 401k Loan?
The High Cost of a 401k Loan – If you are a hard working person that has an emergency, new business venture, or a large purchase that you desire, you may be thinking about borrowing from your 401k plan. Generally, people can borrow money from their 401k plans after a certain amount of time if they […]
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