Jennifer Davies

When debt collectors come a-calling, it makes sense you feel urgency to alleviate the problem by throwing as much money as possible toward repaying what you owe. But it’s important to take a deep breath, step back and look at your financial priorities from a big-picture perspective. Should you put all your income toward paying off debt? Probably not, especially if it comes at the expense of saving for emergencies and retirement. Here’s a closer look at how to handle this common conundrum. Saving vs. Paying Off Debt: Striking the Right Balance Funneling all your money into debt repayment will chip away at your outstanding balances faster—and can reduce the amount you’ll pay in total interest. But it’s also a … Read more

The 2017 Equifax data breach led to the exposure of the private information of around 148 million Americans. Everything in the line of their address, social security numbers, and names were stolen by cybercriminals. In some cases, the misappropriated data can easily fall in the wrong hands snowballing into identity theft. You may need to freeze your credit report to help protect yourself and your family. Among the worst case scenarios would be that the thieves could use the data that they collect to easily apply for loans, which could easily have a damaging financial impact towards you. For those affected or those looking to avoid such a scenario, it might be wise to freeze their credit report. The question … Read more

It is a fact that the topic of money management can make us feel intimidated as well as confused. However, it is essential to devote time to get your finances in order which can make your life easier in the long run. Therefore, the most sensible thing will be to get started without making any delay and develop good financial habits. In case you happen to be a beginner and would like to master your money management skills, it will be a smart idea to look at some the top money management tips on the Internet most of which are available for free. These tips will help you to make the most of your finances in the best possible way. … Read more

Over the years there have been several currencies that have looked to overtake gold as the next best to never lose value when storing it. However, with the cryptocurrency gaining in popularity there are a number of people looking into how this can positively affect their funds. Here we are going to look at how bitcoin is becoming the new gold and why this is showing no sign of slowing down. Whether bitcoin or Ethereum the choice is completely up to you. Trading Much the same as people trading gold there is a huge network of people online trading bitcoin. However, this is far easier than trading gold as there are multiple online platforms set up within this network to … Read more