Financial New for Everyone
By Sandra Hayes You don’t need to be rich to benefit from the advice of a financial advisor. There is someone out there for every situation and budget! Here is how you can find one that works to meet your needs. 1. Know the Types Financial advisors can cover several services, ranging from traditional in-person conversations to AI-fueled …
By Sandra Hayes How many credit cards should you have? Zero. You should never spend money on a credit card unless you have no other option available. Those purchases create a debt responsibility that can eventually cost hundreds or thousands more than the initial purchase. Even if you have an excellent credit card that delivers points, money back, …
By Sandra Hayes You’re not alone if you feel that debt is trying to overwhelm you. Even with the various stimulus checks released by the U.S. government due to the COVID-19 epidemic, the average American still has tens of thousands of dollars in credit card debt to manage. That’s on top of car payments, student loans, mortgages, and …
By Sandra Hayes You have two priceless commodities in your life right now: time and health. You can’t get whatever time you’ve lost back, but you can invest in your health. Although splurging on your health might not make you feel as good as a PS5, the long-term benefits are worth the investment. When you can stay active, …
By Sandra Hayes If you make a high income, your tax responsibilities could be higher than they need to be right now. Although some people define “high income” in different ways than others, you generally need to have a household income of at least $400,000 to qualify for this status in the United States. Your earnings require a …
By Sandra Hayes It is always a challenge to build credit when you don’t have a transaction history. If you’re over 40 and recovering from a bankruptcy or other adverse financial solutions, it can feel impossible to improve your situation. There are ways to build credit, whether you’re just getting started or trying to recover after a few …
By Sandra Hayes For many homeowners, the idea of taking out a second mortgage on a property is a scary experience. Instead of having one debt obligation to manage, you’ve got two. Although it doesn’t make sense in every situation, there are times when it could save you some money. You’ll want to evaluate the offer of a …
By Sandra Hayes If you don’t have a great credit score, it can be challenging to secure a loan for a new or used vehicle. That’s why you’ll see some dealers advertising the fact that they don’t perform credit checks. Although this option seems like an easy way to get the wheels you need, it could cost you …
By Sandra Hayes Although we’ve known about payday loan scams for more than a decade, it still costs consumers over $500 million in each. The scam works like this: you’ll get a call pretending to be a collection agency representative. That person says you need to pay your outstanding balance on a payday loan. You’ll get asked to …
By Sandra Hayes Most people don’t want to ask for money. It’s hard to admit to oneself that help is needed to get through the next few days. However, a few friends and family might constantly ask for help. Although you want to help out the people you love, it might be better to refuse to lend someone …
