Decoding Mortgage Interest Rates: How Can You Tell When It’s Time to Buy?
Image source: Upsplash/The Motley Fool Mortgage interest rates. The phrase alone is enough to make most of us want to hide under a pile of Zillow listings. But fear not! Decoding the mystery of when to buy a home doesn’t require a crystal ball or a Ph.D. in economics — just a little strategy and […]
3 Worst Mistakes You Can Make With Balance Transfer Credit Cards
Image source: Getty Images A balance transfer credit card is a popular type of card that lets you transfer high-interest debt from one card to another with a lower interest rate. With these cards, you can take advantage of a promotional 0% APR period to pay off credit card balances that might otherwise keep your […]
I Used to Have $9K in Credit Card Debt. Here’s How I Got Rid of It
Image source: Getty Images Nearly five years ago, I noticed my credit card balances slowly creeping up. I finally brought myself to tally up the total and realized I had just over $9,000 in credit card debt. I’m certainly not immune from making frivolous purchases, but for the most part, my debt wasn’t the product […]
If I Could Only Make One Move to Improve My Finances in 2025, This Would Be It
Image source: Getty Images One of the most common New Year’s resolutions people set is to improve their finances. It’s a worthwhile goal, but it’s easier said than done. A lot of people struggle because the lifestyle changes required may be too much to keep up with. It can also be challenging when you’re working […]
What Buyers Need to Be Doing Now to Buy a Home in 2025
Image source: Getty Images Planning to buy a home in 2025? Congratulations! Now comes the fun part: preparing yourself financially, mentally, and emotionally for the wild ride of the housing market. With interest rates still doing their best roller coaster impression and new regulations on the horizon, here’s a breakdown of how to get yourself […]
This Is the Average Social Security Benefit for a 66 Year Old
Apparently, only about 10% of pre-retirees in America are planning to wait until they turn 70 to claim their Social Security benefits, per the 2023 Schroders U.S. Retirement Survey. You might think that’s not a big deal, but according to a 2019 report from the folks at United Income, 57% of the retirees it studied […]
3 Benefits of Using a Living Trust to Pass an Inheritance to Your Family
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning isn’t always a walk in the park, but it’s well worth the effort. It’s a way to ensure your wishes are being properly honored. When it comes to passing on […]
Planning for Retirement? 3 Crucial Moves Everyone Should Make Before 2025.
Whether you’re closing in on retirement age or have decades left in your career, the end of the year can be a fantastic time to double-check that your retirement plans are on track. Some aspects of retirement planning will depend on where you are in your journey. People who are one year away from retirement […]
Statistics Say This Is the Best Age to Claim Social Security
You may have heard that there’s no one best age to claim Social Security, and that’s true. Everyone’s situation is unique. Factors like your life expectancy and your financial situation determine which claiming age provides you with the largest lifetime benefit. For some, that’s right away at 62, while for others, it might mean delaying […]
If I Could Tell Retirees 1 Thing About Social Security, I’d Say to Do This Before You Claim Benefits
You’ve paid into Social Security for decades, so it’s only natural to be excited about finally getting something back from the program. But it’s important not to rush your decision. The age at which you sign up for benefits affects you in more ways than one, and it’s difficult to undo your decision once you’ve […]
