Some parents are okay with the idea of their college student carrying a credit card. Other parents are against this idea, as they are unsure of if their child is responsible enough to use this financial tool in the appropriate manner. Since most college students are over the age of 18, they have the opportunity to personally decide if they need a credit card or one designed for students. If you’re a student going down this...
Carrying a credit card is a great responsibility. If you’re not careful, it’s easy to overspend and regret it at some point in the near future. By understanding why you have overspent on your credit card in the past, you can avoid a similar situation down the road. Even if you‘ve never found yourself in this position, you can still learn from the mistakes that others have made. Here is why you may be overspending on...
Did you know that approximately 15 million Americans are self-employed? If you’re currently working in the corporate world but hope to join the ranks of the self-employed in the near future, it’s important to implement a plan that will allow for an efficient transition. Starting a business can be one of the most exciting things you ever do. Conversely, it can also bring quite a bit of stress into your life. Are you ready to deal...
As a first time homebuyer, it’s only natural to put a lot of time and effort into finding the perfect property. However, you can’t make a confident decision until you have answered all the most important questions as they relate to your finances. Here are some of the many financial questions that first time homebuyers need to address: What is your budget? Simply put, you need to know how much you are comfortable spending. Without this...
Buying a home is one of the biggest decisions of your life. For this reason, you need to be 100 percent confident in the choice that you make. While there are many factors to consider during a home search, the following three should always hover around the top of your list: 1. Location, Location, Location It’s no surprise that location remains a top factor when searching for a home. If you choose the right home in...
Credit card fraud remains a major problem in the United States, with the potential for losses to exceed $12 billion by 2020. This isn’t meant to scare you, but to instead help you avoid becoming a victim in the future. The Federal Trade Commission has this to say about credit card fraud: “Credit card fraud takes place every day in a variety of ways. You can’t always prevent it from happening, but you can create some...
As a small business owner, there may come a time when you realize that using a credit card could bring a variety of benefits to your company. From the flexibility to the convenience, there are many reasons to turn to this method of payment as often as possible. Of course, you can’t make this transition until you find and secure the right small business credit card. As you go through the search process, here are some...
Whether or not you work with a CPA is a decision you have to make for yourself. While some people understand the benefits of doing so, others continue to put this on the backburner. You aren’t required to take this step in your financial life, but here are five reasons why you should consider doing so in the near future: 1. To Save You Money Simply put, a CPA can help you save money on your...
Selling your home is one of the biggest decisions you will ever make. Regardless of your reason for doing so, you have one goal in mind: to get the highest selling price possible. While there is nothing wrong with preparing the inside of your home – such as by painting the walls and removing any clutter – the exterior requires just as much attention. Here are several ways to improve the curb appeal of your home...
It is no secret that tens of millions of Americans struggle with credit card debt. If you’re one of these people, it’s time to formulate a plan for escaping debt as quickly as possible. If you’ve avoided this in the past, it would be in your best interest to stay on this path in the future. Doing so means many things, such as knowing the top causes of credit card debt. Here are some of the...
