Types of Loans: Your Borrowing Options

Types of Loans: Your Borrowing Options

Whether you want to buy a new car, purchase a home, buy jewelry for your significant other, or afford higher education you may need to take out a loan. Loans have consciously and unconsciously seeped into our-modern day spending – from big-ticket ones like mortgages and home equity loans to short-term loans like payday loans and revolving loans with the use of credit cards. Loans have made it possible to purchase items that you couldn’t otherwise pay for in cold hard cash.

There are different types of loans to cater to different financial circumstances of the borrower. Choosing the best type […] Read more

Debt Consolidation Programs Help You Get Out of Debt

How can you consolidate your debts?

If you are a debtor, bogged down under the burden of debt, then it is time that you approach a debt consolidation company and take up a debt consolidation program to get you out of your dire situations. Debt is a weight that is very hard to carry around in your shoulders.

Most of the times you don’t realize the trouble you are calling upon yourself when you are overspending is incurring debts on your credit cards. This is more often when you have more than one credit card. If you have debts on all your […] Read more

10 Steps to Get Out of Debt

10 Steps to Get Out of Debt

Debt has become a normal part of the modern society. According to a report by Pew Charitable Trust, 8 out of 10 Americans carry debt of some type with mortgages being the most common.

What’s more alarming is that it isn’t just the younger generations who have debt. Many people are carrying their debt into their retirement without a plan to get out of debt in mind.

The Cost of Debt

According to the data from the US Federal Reserve and Census Bureau, along with the findings from NerdWallets’ survey, the average debt in American households is $130,992 which can be further broken […] Read more

What do People Spend Their Money On?

What do People Spend Their Money On?

Country of residence, age, and income are among the major indicators of a person’s spending pattern. It is interesting to note that different countries have different priorities in terms of household spending. Although housing, food, and transportation tend to be the top three major categories when it comes to budget allocation, it is interesting to note how it varies from one individual to another.

On a bigger scale, data shows spending patterns vary per country as well. For instance, data from The Economist shows that Japan spends a lot of money on housing, fuel, and utilities with 25.3% allocation. Russia, on […] Read more

From Cap and Gown to College Bound

As summer draws near, many children and young adults are counting down to the close of the school year. For some, that also means planning a graduation party as well as a transition into college. In today’s world of over-the-top occasions as evidenced by shows like “My Super Sweet 16,” it can be easy to get carried away. Rather than letting your teen’s celebration get the best of you and your pocketbook, keep these tips in mind for covering your bases on a budget.

The Graduation Party

How can you ensure your loved one’s graduation party is memorable without going overboard? Opt […] Read more

Plant the Seeds for a More Organized Year!

Spring Means it’s Time to Declutter

Here in the Midwest, it’s finally starting to feel like spring has sprung. In addition to opening windows and breathing in fresh air, many individuals and families find it the perfect time for organizing closets and tending to lawn work. Here are a few tips and ideas that could have your home blooming with peace and cleanliness without blowing your budget.

Pick one room or closet as your focus to get started. The big picture of organizing your entire home can be overwhelming and prevent you from making any progress at all.

Divide the items in that […] Read more

5 Keys to Cold-Weather Car Care

Although we’ve been fortunate to have had flashes of spring-like weather in the past few weeks, the extended forecast reminds us that winter is anything but over. If you have a car that you rely on as your primary method of transportation, this may be the perfect time to make a few critical adjustments that could keep you on the road and your car out of the shop.

Keep your battery juiced.
Winter weather’s cold temperatures put added stress on your battery, particularly if you park your car outdoors, so head to a repair shop or your local car-parts store for a […] Read more

It All Adds Up

With spending being so easy, it’s no surprise that saving isn’t. But if you put that money or plastic back in your wallet and say later to the fast food, you could easily open a savings account and start watching that money add up to big savings. The money in your savings account could go toward a new car, home repairs, trips or even your retirement. Because what starts with something as simple as rolling your change or bringing your lunch to work, could lay the foundation for a wealthier future — with a savings account […] Read more

It’s America Saves Week: Are You Prepared for an Emergency?

Happy America Saves Week! The Week is your annual opportunity to take action and either begin to save, or add to accounts you already have. Today we focus on saving for emergencies. If you do not have at least $500 in an account you can easily access, then today is your day to set up an account and start saving.

Emergency expenditures can range from the bill for an unexpected car repair, to living expenses that are tough to cover because of a layoff. According to a Federal Reserve Board survey, the typical low- and middle-income household says it desires $3,000 […] Read more

America Saves Week

How many of you out there know that saving money is just about as simple and easy as the proverbial falling off a log?  We’re not sure how well known it is, but next Monday (Feb. 24) is the start of America Saves Week.

America Saves Week, which runs between February 24 and March 1, 2014, is a week wherein various organizations engage the communities they serve to promote consumers making a savings commitment, and then gaining access to ideas, tools, and other resources that help the consumers to reach the goal. In particular, the Week encourages consumers to think about […] Read more

« 2425262728 »