Are you thinking about buying a new or used car? If you plan to get a loan to finance your purchase (especially if it’s through the dealership itself), then be careful. Many of them will try to steer you into the longest loan they can … the 84-month loan. For years, a 60-month auto loan... Continue Reading →

There's been a lot of talk in the news about the Federal Reserve and its decision to raise interest rates throughout the rest of 2022. While that may sound like something that only affects businesses or people who need a mortgage, it can also impact you personally if you've got any outstanding credit card debt.... Continue Reading →

Do you often struggle with debt or find yourself sinking deeper into it with each passing year? At least 77 percent of American households have at least some type of debt, and the average amount per adult is $58,604. Debt is something that can certainly keep you from reaching financial freedom. As long as you're... Continue Reading →

Paying off your debts using an acceleration method like the debt snowball or avalanche method can do wonders for your cash flow. But squeezing your budget to come up with the extra funding you’ll need can sometimes be challenging. In this post, I’d like to introduce you to an income source that you may not... Continue Reading →

Did you know that not all debt is the same? Just like there are "good fats" and "bad fats", there are also good and bad forms of debt. And knowing the difference between the two can make a big impact on which ones you try to avoid or pay off first. Generally speaking, good debt... Continue Reading →

Do you have several debts that you’d like to pay off, but don’t know where to start? Are you looking for an effective yet simple way to work through them one by one until they’re all gone? If so, then what you need is a payoff strategy like the debt snowball method.  Chances are you’ve... Continue Reading →

If you’ve run into trouble with your credit, don’t pay someone else to try to fix it for you. Most of the things they’re going to do are actions that you could take on your own. In this post, we’ll walk through how to repair your credit score yourself by following these 10 simple steps.... Continue Reading →

Do you wish you could pay off your student loans as quickly as possible? Are you starting to feel like you’re beginning adulthood with more debt than you can handle?  According to the site EducaitonData.org, the average borrower has a balance of $36,510 in federal loans and $54,921 in private loans. Making payments over the... Continue Reading →

Your credit score is undeniably one of the most important numbers of your adult life. It’s something that not only determines whether or not you’ll get approved for a credit card, but also if you can open a bank account, have a cell phone plan, set up utilities (like gas and electricity), and even find... Continue Reading →

For most people, their mortgage is the number one expense in their budget. According to data from the U.S. Census Bureau’s American Housing Survey, the median monthly mortgage payment is $1,609. Think for a moment how awesome that would be if you were able to pay your house off early? Not only would no longer... Continue Reading →