If you're working toward a savings goal, you have a lot of options for where you can put away your cash. Savings accounts, certificates of deposit, money market accounts, cash management accounts and investment accounts are all possibilities.
So which should you choose? That depends on how far away your...
If you need extra cash to pay for home improvements, finance a wedding or consolidate high-interest debt, you might want to consider a personal loan. Used wisely, an unsecured personal loan can fill a void in your budget without risking your home or other assets.
As with other loans, rates for personal loans hinge on your credit…
The Annual Percentage Rate (APR) is a measure of how much it will cost you to borrow money. APR is used for credit cards and loans of all kinds, and it combines the interest you will pay throughout the year plus any fees, expressed as a percentage of your principal loan amount. APRs are useful when it comes to comparing offers from different lenders…
Getting a large credit card bill – whether anticipated or not – can be alarming. However, paying down a large credit card bill can be easier than you think. It just takes a solid, realistic plan and a dedication to budgeting.
Large or growing credit card debt can be detrimental to your finances in multiple ways. For one, carrying a large balance could negatively affect…
When you’re a business owner, it’s normal to focus on running and growing your business. But the way you pay for business expenses is equally important, and this is an area where business credit cards can be a huge help.
Credit cards provide a line of credit you can borrow against, but you don’t have to pay back your entire balance all at once. You can use your credit card to make purchases, take out a cash advance or set up a balance transfer, and you get the option to make payments in any amount that is more than the minimum monthly payment your credit card requires.
Four critical tactics to help owners keep their business upright during downturns
I can't think of a time when it isn't important for a business owner to be on top of his or her business credit, but it's even more important during a recession. How you do things now will...