All that you wanted to know about credit utilization

Credit utilization is a frequently used term in any conversation related to credit scores and/or credit reports. In fact, if you’re someone who keenly follows the concept of credit, you must have definitely heard about credit utilization before and would at least have a vague idea about it. What’s meant by credit utilization? Technically speaking,[…]

Lies you tell yourself to pile up credit card debt

Although credit cards may seem like a necessity to many, they actually aren’t! If you’re someone who just can’t do without them, here are the probable lies you may be telling yourself for piling up credit card debt over a period of time: It’s a great deal! Bargains are excellent, but you must never use[…]

Is it Expensive to Refinance My Home?

Home ownership is one of the goals most individuals, both young and old, strive to achieve. In healthy market environments, real estate appreciates in value creating a long-term asset that generates the potential for a substantial return over time. Fortunately, becoming a home owner does not have to be a difficult task in terms of[…]

Credit Card Debt

How Much Credit Card Debt is Too Much?

According to the 2015 Federal Reserve study, the average US household credit card debt is $15,863, based on a NerdWallet analysis. That amount seems fairly significant to some, not so surprising to others. To a creditor, that looks like a lot of profit! Your interpretation of the average level of household debt is similar to[…]

marriage - joint bank accounts question

Is it Common for Married Couples to have Separate Bank Accounts?

Congratulations! You’ve made the leap into a lifetime together, and now you’ve joined your families, your friends and … your back accounts? Financials are an important topic in any relationship and become even more important as you make big steps towards building a life together. But, how do you do that? Is one joint account the[…]

how to pay off my student loan faster

How to Pay Off my Student Loans Faster

Student loans are a great investment in your future. By improving your level of education, you can increase your personal skills as well as your earning power. However, education doesn’t come cheap. Some sort of degree or diploma is now viewed as the new high school degree with regards to the educational entry level requirement[…]

Is it possible to Work and Raise Kids at the Same Time?

It’s no secret that having children changes everything. The way you sleep, the way you eat, even your general health is affected when you have kids. One of the things that usually changes is you and your partner’s attitudes and thoughts about work. Now that there is another mouth to feed and clothe and eventually[…]