How much debt is too much debt?
Most of us are living with debt, but how much is too much? It is obvious that the less debt a person has, the better. With only a small amount of debt, a person is able to use any extra…
Types of credit to avoid
Credit can help immensely when you run into a financial hardship. Even when these events happen and you need cash fast, you want to try and avoid certain credit opportunities. There are several types of credit that are marketed towards…
How much saving is really enough?
When it comes to your savings account, how much is actually enough to help you get by in the case of a financial crisis? Generally speaking, any money set aside for saving is better than none at all. Of course…
Setting long and short term saving goals
When it comes to creating your savings, there are two ways of saving. You can either save for a short term goal or a long term goal. It is important to develop a list of your financial goals because you…
Can you build credit without paying interest?
It is easy to see why some people assume that you need to carry a balance on your credit cards and payback interest on that credit card in order to improve your credit score. This is simply not the case…
What is a credit card utilization rate, and what is a good ratio?
Most Americans currently have a credit card or have had one in the past. How you use your credit card will make or break your credit. By maxing out your credit cards and not making payments on time, or only…
3 incredibly simple ways to improve your credit
Raising your credit score can be a lengthy process, especially when it is in the poor range. This doesn’t mean that it is hard to raise your score, it just takes time and patience. There are several ways you can…
What is credit? 4 common types explained
We hear the word credit used often when it comes to money and personal finance, but what exactly is credit? Credit can be simply defined as an agreement between a borrower and lender, in which the lender will provide a…
5 tips to help you get started saving
Putting money away for savings can be very difficult to achieve, especially when unexpected emergencies arise. It is important to understand that any kind of savings is better than no savings at all. With that being said, here are some…