A Personal finance blog to get rich
If you’re paying off student loans, you might know the headaches involved with seeing your balances stay at almost the same level, despite paying hundreds of dollars each month. This is a common phenomenon experienced by borrowers across the board, regardless of the loan type.
Most loans are front-loaded, which means you will be paying off interest before making a dent in the principal balance.
A bad credit score may make obtaining an apartment or a credit card or mortgage more difficult. It may also subject you to higher interest rates, making the credit lines and loans you receive more expensive to return.
If you have poor or fair credit, which is considered a FICO score of 668 or lower, you may need to start thinking about how to improve your credit score. As hopeless as the situation may appear right now, bad credit does not have to stay forever. There are things you can do right now to increase your credit rating.
Couponing is an effective marketing strategy, and it’s easy to see because many of those who want to save money on groceries is taking it to the extreme. Couponing is a way that companies introduce products and reintroduce those already in the market by providing discounts. It dramatically helps both businesses and consumers.
If you want to get into the habit of couponing, read the information below.
It’s no secret that the covid19 pandemic has left behind immense damage, influenced the job market, and pushed companies around the world to change the way they function. As a result, many professionals have found themselves searching for practical tips for getting a job after covid.
Furthermore, with the increasing cost of living, ever-struggling economy, and harsh job market conditions, finding employment or creating an income stream is not as straightforward as it was a few decades back.
Debt might be unavoidable. In some cases, especially when making a large purchase – like a house, a car, a holiday – or covering unexpected expenses, it is best advised you take out a loan (get into debt) so that you can do what you want or need to do.
In the past, digging out of debt could take years, and interest rates over what might be multiple loans further complicated your financial position.
Are you fed up being late for work because the bus never showed? Are you sick of sitting beside the man with dreadful body odor on the train? Do you wish you had your own car?
It’s not just the cost of buying a car that pulls on your purse strings; a car comes with numerous other expenses that are essential to keep it in good shape and on the road. Here is a guide to the complete costs of owning a car
Estate planning is more than drafting a will or a trust. It also includes provisions that allow your family members and loved ones to access and manage your assets should you become incapacitated and unable to do it yourself.
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For this reason, you need to ensure that you develop a well-rounded estate plan that covers all the bases. Read on for eight crucial things you should consider when estate planning.
Starting a family is one of the greatest joys in life, making memories that last a lifetime. The fact is, nobody wants to die, leaving their family with any financial burdens they may struggle to pay. That’s why a family life insurance policy can provide financial security for your loved ones, long after you’re gone.
Family life insurance refers to any type of life insurance policy, used to protect your family. When you die, a lump sum is paid to your loved ones, providing financial support during this difficult time. The pay-out from a family life insurance policy can be used to help cover:
Buying a used car is a great option for many people. A used car costs thousands of dollars less than a brand-new one, so buying a used one is a no-brainer for anyone who is on a tight budget or wants to save money. There are a number of quality used cars available, and the right used car can last for years.
However, almost everyone has heard at least one horror story about buying a used vehicle. No one wants to deal with a used car that is a money pit due to constant repairs, or a used vehicle that stops running altogether shortly after it is purchased.
Refinancing makes sound financial sense for a lot of people, and there are a lot of benefits to it; from a lower interest rate to a rate change in a shorter term. Refinancing involves replacing an existing loan with a new loan, in effect replacing the debt with a new one.
The new loan usually has better terms which makes the process worthwhile. In the sense, based on your need you can either increase the payoff duration to pay smaller every month or you can just negotiate for the lower interest rate on the existing loan amount.
