Photo by Brett Sayles from Pexels So, you probably have heard that the US Federal Reserve Board is raising the interest rate for the first time in three years (well, unless the only news you care about these days is Kanye, Kim, and Pete). All the financial news outlets reported the Feds raised the interest rate today by a quarter percentage point.Policy watchers expect … [Read more...] about What Does the Federal Reserve Interest Rate Hike Mean for Your Personal Financial Recovery?
Many people of all ages are taking the health of their finances more seriously and beginning to take proactive steps to turn things around if they’ve been struggling.In the past, consumers racked up tens of thousands of dollars in debt without blinking an eye, but in today’s world, they’re understanding more about the dangers of accepting all those credit card offers.If you’ve … [Read more...] about Get Out of Debt and Fix Your Credit
Image by Jess Foami from Pixabay If 2020 has wreaked havoc on your finances, you may take heart in knowing that you are not alone. A recent survey of Americans’ personal financial health by Lending Tree and Stash found that because of the economic impact of the COVID-19 crisis, 1 in 4 people expect to retire later than anticipated. The study shows that nearly half of … [Read more...] about How To Take Back Control Of Your Finances
Compulsive spending involves feeling compelled to spend money on items you don’t really want or need. In some cases, you might spend money on items you already have plenty of. For example, even though you love getting new shoes, if you already have 20 pairs of them, it’s probably safe to say you don’t need another. Signs You May Be Spending Compulsively Do any of these signs … [Read more...] about Do You Struggle With Compulsive Spending?
I know you’re smart… I’m not trying to insult your intelligence. But are you financially smart? I mean, credit-use smart?If you answered yes, then click away, go read another article on this website.But if you answered no or maybe, then please stay with me because we’re going to discuss how to use credit the right way, the financially-smart way.Although some people will advise … [Read more...] about How Smart People Use Credit