Finance Globe

I just discussed the benefits of student loans since student loan debt has been in the media so much lately. As I do believe there is a real problem that is occurring, I wrote about some obvious advantages of student loans that help aspiring students. Now I am going to discuss several disadvantages of student loans and problems that can come up if the student does not realize what he or she is getting into. The...

Student loans and student loan debt has been in the media quite a bit recently, especially with how much student loan debt has increased over the years. Some of the criticisms are accurate, and a real problem may be arising. Yet I wanted to write some obvious advantages of student loans, and for certain situations, student loans can provide huge benefits for an individual. Can be great deals for a student: Many people are understandably hesitant...

​If you are not a math wizard, and you do not have any kind of accounting / finance background, you may not know how to calculate your monthly interest payment. Yet I can guarantee you will have to pay a monthly interest payment throughout your life. Whether it is through a mortgage, a car loan, a student loan, or a personal loan, you will have to pay some kind of interest payment. I think it is...

Racking up debt is a problem for many people. It happens fast, and sometimes people do not realize the situation they are in until its too late. When you do realize you have too much debt and you want to begin paying it down, below are the most important things to do and consider when you are trying to pay down debt. Stop creating new debt: The most important thing to do first is to stop...

A lot of people still do not do much research on auto loans when purchasing a car. While people assume the dealership will provide you the best option that is definitely not the case 100% of the time. Below I have summarized 5 things to know about getting the best auto loan for yourself: Focus on the total purchase price rather than the monthly payment: You should always focus and negotiate on the total purchase price...

You officially want to start your own business. You have the idea in place, you have your business plan and mission statement, and you are ready to launch. The only thing you have left to do is to get funding for your business. In today's age, there are a variety of ways to get funds to start your own business. Each has its own advantages and disadvantages, but I have outlined several below. Bank and or...

​I have student loans. I am just like millions of other young Americans who have to pay back student loans because I wanted to get a better education, and I wanted to get an advanced degree. There isn't necessarily anything wrong with that, but issues come up when people talk about having to pay them back. I am not going to discuss these opinions, but I did want to give you an example of how I...

​Credit card debt is one of the worst kinds of debt you can have. You may have had good reasons to accumulate the high interest debt, but you should try to eliminate the debt as soon as possible. You need to create an action plan to help you reduce and eventually eliminate your credit card debt. Below are several strategies and tips to help you eliminate your credit card debt.  Create a plan of action -...

Buying a house is a huge financial decision. It may even be the biggest financial decision of your life. You may think you are ready to be a home owner, but you have to do your homework before making a purchase of this magnitude. Home buying can also be a very confusing and daunting task. Below are several tips to better help you understand the home buying process and find a home that's the perfect fit...

​Do not ever overpay on your taxes! You should always take all the deductions that apply to you so you pay the lowest taxes possible. Below are several overlooked deductions you may not be considering when filing your taxes: State sales taxes – This write-off makes sense primarily for those who live in states that do not impose an income tax. You get to choose between deducting state and local income taxes, or state and local...