The statistic is used to show how unequal things have become in the U.S.: Some 40% of Americans would struggle to come up with even $400 to pay for an unexpected bill. If — or, more likely, when — they’re confronted with such an expense, they’d probably have to sel...
Details
June 15, 2020 How many people like the IRS? According to Facebook, it's almost 307,000! Does it bother you that the Internal Revenue Service is more popular than you are? If you regularly use social media outlets to stay in touch with friends and follow people or businesses that you find interesti...
Details
Your credit score—a three-digit number lenders use to help them decide how likely it is they'll be repaid on time if they grant you a credit card or loan—is an important factor in your financial life. The higher your scores, the more likely you are to qualify for loans and credit cards a...
Details
How to get started investing with as little as $1 Investing can seem intimidating when you see experts advising workers to put away $100,000 by 35 or aim for over $1 million by retirement. But you don’t need a ton of money to buy into the stock market. In some cases, you can get sta...
Details
Understanding the Time Value of Money Congratulations!!! You have won a cash prize! You have two payment options: A: Receive $10,000 now or B: Receive $10,000 in three years. Which option would you choose? What Is the Time Value of Money? If you're ...
Details
Compare Costs: Buy New Car vs. Used? Buying used can save you thousands upfront and over cycles of ownership, but buying new has other advantages. While buying new cars is enticing, you should take a cold, hard look at how much you could save over time by buying used cars instead. ...
Details
Down Payments: How They Work, How Much to Pay When you buy expensive items with a loan, you often need to make a down payment to cover a portion of the purchase price. That initial payment is often critical for getting approved, and it can affect your borrowing costs throughout the life of your loa...
Details
How much money do you need to buy a house? Costs to pay upfront In addition to the initial price tag of the home, expect two other upfront expenses: the down payment and closing costs. 1. Down payment You’ll get the most favorable mortgage rates and avoid...
Details
Invite Friends & Colleagues
Post On