When you’re tight on cash and need to make a relatively large purchase, it can be challenging to decide how to pay for it without breaking the bank. Some folks immediately whip out their credit cards, while others look for ways to avoid the purchase until they can afford it. Another more moderate approach could be paying for the purchase in monthly installments over a set period of time (e.g., 3, 6, 9 or 12 months) through a lending program. One increasingly popular way for consumers to finance their purchases over time is by checking out … [Read more...] about What Is Affirm and Is It Worthwhile for Consumers Financing Big Purchases?
Most financial wisdom you come across these days strongly advocates for homeownership, but is this really the best financial path forward for some people? We have no problem renting movies, leasing cars, staying in vacation rental homes, and even clothing (thanks to those personalized style subscription services that consumers are flocking to in order to keep their wardrobe fresh) – why do we always assume that owning a home would be a better option than renting? Of course, there are tons of benefits to owning your own home, the most … [Read more...] about 4 Scenarios Renting vs Buying Makes More Sense
There are only so many hours in a day to manage everything from house chores and work to preparing meals, staying in touch with family and friends, and taking care of your kids, pets, plants, etc. When you add in multiple financial management obligations like remembering payment deadlines, allocating funds to the appropriate accounts, tracking your spending and regularly putting money into savings, life can get pretty hectic! Fortunately, there are plenty of new, innovative solutions for simplifying consumers’ busy lives, and I’m not … [Read more...] about PocketGuard Review – Easily Track Your Spending and Create a Budget
I’ve always said that you should dream about winning the lottery. While it is an extremely long shot to win the lottery, it isn’t that far fetched to receive a lump sum as an inheritance. Many people are often expecting or have already received an inheritance, even if it is a meager one of $5,000 or in the millions. But, do you know what to do with an inheritance? But, what do you do when you come into a large sum of money or highly valued assets thanks to an inheritance? There are several steps that you should consider taking when you … [Read more...] about What To Do With An Inheritance? – 3 Crucial Money Moves To Make
Commuting to school is hard enough for college students, but affording a parking permit and finding a parking spot on campus can be a nightmare for many students. Oftentimes, universities sell far more permits than they have spaces available for students, which is a huge problem for commuters who subsequently spend several minutes (or even close to an hour) driving around campus just to find a place to park their cars. But, there are ways to save on college transportation costs. It’s a huge hassle that is not only a waste of money. Why pay … [Read more...] about 7 Easy Ways for Students to Save on Transportation Costs
Many people mistakenly think that they do not need a last will and testament when they die. You may think that your valuables will naturally pass to your next of kin without very much fanfare or strife. You may think that you do not have enough assets to warrant the need of a will. You would be wrong. It is not a popular topic around the dinner table to discuss your last days on Earth, but dying without a will can not only cost your heirs time and money, but it can also prevent your final wishes from being carried out correctly. What Is A … [Read more...] about Top 5 Reasons Why You Need A Last Will And Testament