As anyone who has ever watched their bank account balance decline after paying bills knows, owing money is no fun. But debt often serves an important function in peopleâs lives, putting things that can cost tens of thousands of dollars or moreâa college degree, a starter homeâwithin reach. Such cases arenât quite the same as […]
The post Beginners Guide to Good and Bad Debt appeared first on SoFi.
New budgeters tend to get caught up in the creation of their budget rather than the actual budgeting itself. Before I started using Mint’s monthly budgeting calculator, Iâve certainly been guilty of creating a beautiful, detailed and well-organized budgeting scheme…
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The post How to Create a Budget Schedule that Works for You appeared first on MintLife Blog.
U.S. Bank is offering some cardholders a $20 bonus when they add an authorized user by November 15th, 2019
One of the most important aspects of your finances is your credit history. Your credit report is a record of your financial life as it relates to borrowing money. It is, essentially, your financial reputation. When your credit report looks good, you look good — and like a good financial risk. Lenders are more likely […]
The post Oh Crap! I Screwed Up….How to Fix an Error on Your Credit Report appeared first on Good Financial Cents®.
A new Fed study and associated workshop revealed that mortgage lenders continue to offer inflated mortgage rates to consumers, despite ongoing efforts to reduce such borrowing costs. Over the past several years, the Fed has pledged to purchase billions in mortgage-backed securities (MBS) in an effort to lower consumer mortgage rates. The plan seems to [&hellip
The post Mortgage Rates Not as Low as They Could Be first appeared on The Truth About Mortgage.
Setting financial goals is an important step toward becoming financially secure. If there is something you hope to achieve in the not-too distant future, say buy a car or make a downpayment on a home, it may not be enough to simply hope you get there. Making a plan can significantly increase the likelihood of […]
The post Smart Short Term Financial Goals to Set for Yourself appeared first on SoFi.
Over the last few years, weâve heard more and more about the practice and importance of self-care. Psychologists, motivational speakers, and employers all have encouraged people to step away from the chaos of everyday stress to focus on emotional and…
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The post How to Practice Self-Care on a Budget + Printables appeared first on MintLife Blog.
Starting a family raises a lot of financial questions for young parents. Being responsible for a little human sheds harsh light on everything you know â or donât know â about your finances. Getting married, buying a home with a partner or having kids are all major life-changing events that, among other things, remind you [â¦]
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Iâve already written at length about the pros and cons of a 15-year fixed mortgage, but some financial experts claim you shouldnât even buy a home if you canât afford this shorter-term mortgage option. You know, guys like Dave Ramsey, and perhaps more reasonable folks like that financial planner you visited recently. The problem is [&hellip
The post Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment? first appeared on The Truth About Mortgage.