This Is How Loan Interest Works…
When you are about to get a loan, be it a mortgage, auto loan, student loan, etc, you will have to pay interest on it. If this is the first…
Continue readingWhen you are about to get a loan, be it a mortgage, auto loan, student loan, etc, you will have to pay interest on it. If this is the first…
Continue readingWhen things get tough and you’re drowning in debt, it may feel like you need to file for bankruptcy. While this is true in most cases, you need to be…
Continue readingIf you’re in debt, then chances are you are aware that creditors have ways to get their money back. One of these ways is garnishing your wage which involves taking…
Continue readingMortgage and credit card debt are night and day when it comes to the damage they do to your income power. More precisely, mortgage rates can be around 3% to…
Continue readingBudgeting can be a tedious process if you’re new to it. More so, it’s often very hard to determine whether you’re doing it right or not. When it comes to…
Continue readingPart of managing your finances is determining how much you should be spending on rent. Since rent payments are a big chunk of your income, you may be wondering if…
Continue readingBudgeting is a fairly simple process that anyone can do (and should). But some end up being more carefree about it and only a few manage to budget in a…
Continue readingIt’s true. The sooner you start investing for retirement, the better your retirement years will be. But that doesn’t mean it’s too late if you’re 40 years old, for instance….
Continue readingWith the unexpected always around the corner, an emergency fund is something we all need to have in place. But since everyone’s financial situation is different, a very valid question…
Continue readingEveryone should save for when they retire. That’s common sense. But how much one should save is a bit more complicated, it seems… So, what percentage to save for retirement?…
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