There tends to be an involuntary cringe when we think of debt, but the truth is that not all debt is bad for you. Part of your personal financial responsibility is knowing what is unsecured debt and what is secured debt, the difference between these two debts and when they’re applicable. With this understanding comes better personal financial decisions…
Calculating net worth and liquid net worth can provide two valuable snapshots of someone’s financial health. Both look at what someone owns and what they owe. Both can help measure how someone’s progressing towards their goals.
But while net worth offers a more panoramic view — taking in all…
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…
Along with a run on Clorox wipes and a national obsession with Anthony Fauci, the coronavirus outbreak has triggered an identity crisis for high-yield savings accounts. Interest rates have fallen precipitously, and that has savers exploring other ways to maximize their money.
There are money market accounts, which are “like savings...
While there are many types of lenders willing to give you a personal loan, there is no one best option. Depending on where you prefer to manage your money and the loan’s terms, fees and interest rates, you may find a great personal loan at a credit union, bank or online lender.