Here’s How Much Debt You Can Have and Still Get a Mortgage
Image source: The Motley Fool/Upsplash When you apply for a mortgage, there are some factors that play a major role in the lender’s approval process. Your credit score is a big example, and your income needs to be not only sufficient to afford the home, but it needs to be steady as well. However, there […]
This Hack Could Save You Over $5,100 in Credit Card Interest and Get You Out of Debt 4 Years Faster
Image source: The Motley Fool/Upsplash Paying off debt is the most popular financial resolution going into 2025, according to Motley Fool Money’s recent survey. It’s a valuable goal that can drastically improve your financial well-being, but it can also be challenging. This is especially true if you have high-interest credit card debt that’s constantly growing. […]
3 Ways You Can Still Buy a Home Even With Zero Down
Image source: Getty Images When I was a Realtor, buying a home with little to nothing down was a big trend. It was also a good way for people to get into their first house without having to touch their savings accounts, which are there so they can stay in their first house long-term. Those […]
3 Key Social Security Changes Coming in 2025 Besides the 2.5% COLA
The Social Security program undergoes revisions each year to account for changes in wages and prices across the economy. Often, benefits are the largest source of income for retired workers, so understanding the changes could be the difference between prudent financial planning and costly mistakes. Most readers probably know Social Security payments receive annual cost-of-living […]
Want the Max $5,108 Social Security Benefit? Here’s the Salary You Need
Nobody expects their Social Security benefits to provide a posh lifestyle in retirement. However, a handful of people are collecting surprisingly big payments from the government-run entitlement program. Next year’s maximum monthly payment is a hefty $5,108, or full-year income of $61,296. That’s not bad, particularly when combined with other sources of retirement income. The […]
