Should You Create a College Fund or Focus on Your Own Retirement?
It can be difficult to decide if you should save for retirement or pay for your kid’s college. But know that saving for retirement should always come first.
Month: April 2019
Tech Savvy Youngsters Leading Push for Online Lending
By Peter Bee Sometimes, applying and taking out a loan is a part of growing up and becoming an adult. Whether you want a new car, you want to start a business, or you just need to consolidate debt, loans can not only be incredibly useful but can also be downright necessary. For the better part of the last century, needing to apply and take out a loan means heading to your bank and seeing if you can qualify. That may all be changing, however, and as millennials begin to make up more and more of the consumer class, an undeniable trend is beginning to reveal itself. That trend is that millennials are much more likely to choose to borrow … Read more
Top 5 Incredibly Easy Ways to Make Money While Getting in Shape
If you’re like most Americans, getting or staying in shape is probably one of your top priorities for the new year. But, do you know how to make money while exercising? Another popular New Years’ resolution is managing finances better, whether you want to make more money online without wasting your time on low-paid surveys or boost your financial well-being by getting more involved in your investments. The problem with New Years’ resolutions is that most people’s motivation tends to wane after the initial spark of determination you get from the “new year, new you” mindset. If your own resolutions haven’t panned out too well for you in previous years, then why not combine your fitness and financial goals into … Read more
Why It’s A Mistake Teaching Financial Literacy In Schools
In 2015, a stringent new financial literacy law took effect in Oklahoma. It requires all high school students to pass a class on personal finance before they can graduate. Banking, taxes, investing, loans, insurance, and identity theft among other subjects will be part of the curriculum, and the teachers will have to certify that their students comprehend them all. Other states have followed suit over the past few years. A recent study analyzed 11,000 high school course catalogs and concluded only 1 in 6 high schoolers are currently required to take a personal finance course to graduate. But, are students really getting the critical life skills that help everyday adults avoid money problems such as budgeting, saving, investing, and even … Read more
How to Save Money on Your Electric Bill This Summer
This past winter, I wrote about how you to save money on your electric bill this winter. But, now it is time to look at how to save money on your electric bill this summer. Come to find out, saving money in the summer is very similar to saving money on your electric bill in the winter as well. Saving money in the summer all comes down to keeping your cold air inside the house and not cooling down the entire neighborhood and also reducing the amount of air conditioning and electricity you are using in general. I routinely see my electric bill almost double during the summer after turning on my home’s air conditioning. There are several inexpensive and … Read more
How to Get to Best Rates on Your Car Title Loan
By Bobby Hays If you’re in desperate need of fast cash and are interested in using a vehicle that you own as collateral, taking out a car title loan could be a great option for you. Car title loans are fast and easy when it comes to the application and approval process. The downside of that ease is that car title loans can get rather expensive depending on the interest rate you agree to with your lender. That’s why it’s important to find out how the get the best car title loan rates available to you. The difference between a good interest rate and a bad interest rate could mean the difference between hundreds or even thousands of dollars based … Read more