Posts by chandrap
Life Insurance Simplified
Life insurance is one of the best ways to reduce the financial burden on your family in the event of an unexpected death. The options can be confusing, so how do you know which policy is right for you? In making a decision, it’s helpful to understand three basic types of life insurances available: Term,…
Read MoreHoliday Budgeting Tips for Beginners: More Joy, Less Cash
The holiday season is nearly around the corner, and with so many gift-giving ideas in mind, the feeling of satisfaction from selfless spending might not completely outweigh the lightness of your wallet in the aftermath of all these holiday sales. This is why it is crucial to ensure a stable financial strategy during the holiday…
Read MoreYour Guide to Budgeting for Healthcare Costs
Adults often feel the pressure to act financially responsible. It’s easy to think that health insurance will cover the majority of medical-related costs and therefore may be overlooked in your budget. A copay here or deductible there, isn’t much to fuss over, right? Well, that might not be entirely accurate. Medical expenses should be one…
Read MoreThe Beauty of Budgeting
As you get older, there are several financial responsibilities that become more prevalent over time. You may be wondering how you can possibly pay for housing, food, insurance, health care, debt repayment, and fun without running out of money. That’s a lot to cover with a limited paycheck. The answer is simple: make a budget.…
Read MoreCar Buying: Finding Your Perfect Vehicle
There are thousands of options when it comes to picking out a new car, and finding your perfect match isn’t always easy. Start by narrowing down your options — figure out how much space you’ll need, if you’re more interested in fuel economy or power, and if there are any must-have features on your list.…
Read MoreMortgages: Credit Scores, Interest Rates, and More
Mortgage lenders generally say that an affordable home is one that costs no more than three to five times your annual household income. A 20% down payment is traditional, but special loans or grants may be available to help with that payment, particularly for first-time homebuyers. You also need to be prepared to pay for…
Read MoreDebt Relief: Steps to Help Manage Your Debt
The road to freedom from debt begins by being fully aware of just how much debt you have. Begin the process by making a comprehensive list of all your debt amounts, as well as details like interest rate, monthly payment amount, and due date. While you’re at it, take a look at the areas where…
Read MoreAuto Loans: How to Find the Best Rates
Before you look into auto loans, you should first look up your credit score. In general, the higher your credit score, the better terms you’ll be able to get from a lender. If you’re worried about your credit score being low, take some time to improve it. You may be able to raise your score…
Read MoreShortcuts to Help Improve Your Credit
There are some credit repair tactics that help yield benefits quickly. By following these tips, you may soon start to see your credit score improving. Each of the three major credit bureaus allow you to get one free credit report per year. These checks won’t affect your credit score, and if you space them out,…
Read MoreYour Credit Score: Keeping the Number Up
Your credit report shows how each of the three major credit bureaus rate your credit. Since each bureau has its own method of analyzing your financial history, it’s important to look at all three scores. Typically, your payment history and the amount of money you owe are the largest factors in your credit score. Smaller…
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