In recent years, accumulating debt has become quite common. Most people readily think of this debt in form of a loan for a home, car and/or education. But, a good portion of this misery is also seen by people who have been careless with their credit cards. While prevention is better than the cure, there are several ways you can […]
Paying the mortgage is a long term commitment that most U.S. home owners have made a part of their monthly routine. Over the last 4 years, mortgage interest rates have been under 5% and have actually fluctuated between 3.5%-4.5%. According to USA Today, “the nationwide average for a 30-year loan dipped to 3.97%” and the average rate for 15-year mortgage […]
For a last few years now, the market has been very “forgiving” in terms of low interest rates when it comes to home loans – making refinancing almost look like a ‘hot’ trend. Thankfully, the low interest rates also apply to the auto industry as well. However, a certain approach should be taken to use this advantage to the fullest. The […]
1. Signing Up for Too Many Cards Yes, being qualified for a ton of credit cards is a great feeling, but having them enables you rack up large amounts of debt. While having multiple cards can help keep your credit utilization ratio in a proper range, it is a privilege that should be reserved for people with good organization skills. Usually, […]
Buying a home is still a milestone that most of us wish to check off our list. Regardless of how practical or impractical it may seem in today’s economy, it still remains a goal close to our hearts. This is an especially exciting time for first-time homebuyers. However, the home buying adventure can easily turn into a life-long nightmare if […]
Grocery shopping is one of the most expensive activities that humans participate in on an almost daily basis. Believe it or not in most countries including the U.S. our grocery bill can account for almost 20% of our overall budget. And with the cost of food going up by almost 32% in the last 10 years this should be one […]
If you are in the market looking to invest in stocks, then penny stock is a term that you may have come across. But what are they and how are they different than the other average stocks? And are they a great deal because they only cost a penny? To begin, let’s clear out that penny stocks, unlike the name, […]
From a very young age, we hear about leaders and that we should all strive to be one. In order to advance your career, leadership qualities are quintessential in guaranteeing success. Unfortunately, only a few people naturally are a good leader, but, luckily, qualities that make you a good leader can be practiced. Before we dive into our list, we should lay […]