When you’re starting out as an entrepreneur, one of the first things you must do is form a limited liability company (LLC) or corporation to legally and financially protect yourself in ways that regular sole proprietorships don’t have access to. It isn’t the easiest process to tackle by yourself, especially if you’re a first-time business owner or you’re branching out into a new type of corporation classification. To help entrepreneurs launch new businesses and current sole proprietors establish an LLC or corporation, MyCorporation is a … [Read more...] about MyCorporation Review – How to Easily Start an LLC or Corporation
Top 8 Homeownership Costs Renters Do Not Understand
One of the most common parts of the American Dream that millions of people strive for is homeownership, but sometimes it’s not all it’s cracked up to be thanks to homeownership costs. When first-time homebuyers are saving up for a down payment on a home, the other costs related to home ownership that come after you buy the home are oftentimes overlooked because we get so wrapped up in the “saving for a home” part that we fail to adequately prepare for the expenses that come later. The old proverb about the grass being greener on the other … [Read more...] about Top 8 Homeownership Costs Renters Do Not Understand
Self Lender Review – An Easy Way to Build Credit
If you’re not thrilled with your current credit score or you’re struggling to get access to credit at all due to a lack of credit history, then, fortunately, there are some options available for people seem to be stuck between a rock and a hard place like you are. After all, having a bad credit score can affect seemingly everything – rental applications, access to low-interest financing options, and even your love life – so getting your credit score back in shape should be a major priority. One innovative option for folks with no/bad … [Read more...] about Self Lender Review – An Easy Way to Build Credit
Top 7 Surprising Things that Can Significantly Impact Your Credit Score
Credit scoring models and factors that do/don’t influence your credit score are confusing concepts for many consumers, especially with recent changes to scoring practices (e.g., medical debt no longer factoring into credit scores). You probably already know of the major factors influencing your credit score – low credit utilization, on-time payment history, etc. – but what about the little-known factors that could also hurt or improve your score? Let’s take a closer look at 7 surprising things that can affect your credit score for better or … [Read more...] about Top 7 Surprising Things that Can Significantly Impact Your Credit Score
Earnin Review – How to Get an Advance on Your Paycheck
Did you know that consumers waste more than $34 billion per year on overdraft fees? This figure rivals Great Recession figures, though overdraft fees were cheaper back then (around $20 for banks and $15 for credit unions, compared to $30 for banks and $28 for credit unions nowadays). Since there is no benefit to paying overdraft fees – they’re just penalties for folks who overdrew their accounts to pay the bills before their next paycheck rolls around – it’s alarming to think about how much money individuals and families living paycheck to … [Read more...] about Earnin Review – How to Get an Advance on Your Paycheck
What to Do When You Are Faced with an Unexpected Hospital Bill
Did you know that more than 66% of all bankruptcies are related to health issues (medical debt or extended time off from work) and more than half a million families declare bankruptcy due to medical debt each year? These numbers have skyrocketed over the past several years as healthcare costs continue outpacing inflation – and wage growth – and people increasingly find themselves stuck with medical bills totaling thousands, if not tens of thousands of dollars. While your next hospital bill may not be the straw that bankrupted the camel’s … [Read more...] about What to Do When You Are Faced with an Unexpected Hospital Bill