Learn about student loans, distinguishing between federal and private options, and understanding repayment strategies. Gain knowledge on making informed decisions for education financing and avoiding potential pitfalls. Student Loans 101 Student Loans 101 – The Basics Student loans are often the first significant financial decision that many people make. They’re seen as an investment in … Continue reading Student Loans 101 | The Basics Every Student Should Know
Category: Debt & Credit
Understanding debt and credit is crucial for maintaining good financial health, and seeking help if necessary is important. By following practical tips and advice, and managing debt and building credit through responsible financial practices, individuals can improve their financial standing and achieve their goals.
How to Read a Credit Card Statement
A guide on understanding your credit card statement, covering everything from billing cycles to interest charges. It’s an essential resource for anyone looking to effectively manage their finances, ensuring timely payments, and maintaining a healthy credit score. In this informative video, we delve into understanding how to read a credit card statement, a crucial skill … Continue reading How to Read a Credit Card Statement
How to Save Money When You are Broke
In this video, learn eight essential steps for saving money when you’re broke. Whether you’re struggling with debt or looking to build an emergency fund, these tips will help you take control of your finances and turn your financial situation around. Learn how to save money when you’re broke by assessing your financial situation, creating … Continue reading How to Save Money When You are Broke
Building and Maintaining Credit | Tips
Learn important tips on how to build credit by using credit cards and loans responsibly, how to maintain good credit by making payments on time and keeping credit utilization low, and how to monitor credit reports to ensure accuracy.
What is a Credit Score?
Here we present credit scores explained in an easy to understand way. Understanding your credit score is crucial for managing your finances, whether you’re just starting to build credit or have been doing so for a while. A credit score is a number that represents your creditworthiness to lenders. Lenders use it to determine loan … Continue reading What is a Credit Score?
Earning, Spending, Saving (and Investing)
Learn about earning, spending, saving, and investing money. Learn how they are related and how you can build wealth. Earning Do you have an allowance? Have you done chores and got paid? Do you have a job? If you have, then you have earned money. Earnings refer to the money you earn from a job. … Continue reading Earning, Spending, Saving (and Investing)
I was playing Wordle and this happens…
Do you play Wordle, the viral online word game? Here is a fun class or lesson starter for the TikTok or YouTube generation of students on the topics of money and saving. Discuss with your students the importance of saving money and the problem of having too much debt, especially credit card debt. @moneymittens … Continue reading I was playing Wordle and this happens…
What is a Credit Card?
A credit card is a card that consumers can use to purchase goods and services. If you have a credit card, you agree to pay the credit card company the full cost of the item purchased as well as any fees or interest if applicable, at a later date. A credit card is essentially a … Continue reading What is a Credit Card?
5 Ways To Make Sure You Don’t Have Any Credit Card Debt
At some point each of us will be approached to sign-up for a credit card. Some of us decide we don’t want to take up the offer, citing that we don’t want to have spiraling uncontrollable credit card debt. Others decide to take up the offer, and that’s exactly what happens – spiraling uncontrollable debt! … Continue reading 5 Ways To Make Sure You Don’t Have Any Credit Card Debt
Options for Paying for College: Loans and Grants to Consider
Paying for college is stressful in any situation, but with economic hard times facing many people, it becomes even more important to look for options that can help you to get your college student through school, or help you to pay for your own schooling costs. Keep in mind, the competition for resources to pay … Continue reading Options for Paying for College: Loans and Grants to Consider
Business Credit: Your Best Asset Is Your Good Standing as a Creditor
Many companies do not realize the value of the “good credit” stamp until the stamp of “slow pay’ or “poor credit” is affixed to their business name. Your credit rating will affect everything from the discount you qualify for on credit purchases, to the amount of credit you may be extended by the bank. Most … Continue reading Business Credit: Your Best Asset Is Your Good Standing as a Creditor
The Pros & Cons of Making Yourself Bankrupt — Chapter 7
To many, chapter 7 bankruptcy – liquidation – proceedings are the most punitive form of debt management/repayment. While it many not be too difficult to understand why some creditors might wish to opt for this process, why would a debtor want to undergo this process? The following is a list of 5 pros and 5 … Continue reading The Pros & Cons of Making Yourself Bankrupt — Chapter 7
