When it comes to building credit, it’s best to start sooner rather than later. Sending a student off to college with a credit card is a good way to help them build credit. By the time they graduate, your kid will have four years of credit history, which will enable them to borrow on favorable
So, can you buy your dream house if you have student loan debt? The common wisdom is bleak: student loans are preventing borrowers everywhere from living The American Dream. It doesn’t have to be that way, however. Here are eight ways to maximize your chance of buying your dream home — even if you have
Credit: Shutterstock A classic early warning sign of cognitive decline and possibly dementia is losing the ability to manage your personal finances. And that can lead to a host of challenges if you are the daughter, son, wife, husband or partner of a loved one in this situation. As Mona Rawlings, of Mendota Heights, Minn.,
Modern-day weddings have a notorious reputation for being pricey. On average, Americans spend roughly $33,391 on their weddings, according to The Knot’s 2017 Real Weddings Study. But that doesn’t mean they can afford it. More than 74 percent of couples will go into debt for wedding costs, reports Student Loan Hero. But, of course, how
Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age 70, researchers tell us. That’s how otherwise smart older people fall for sweepstakes frauds, Nigerian investment schemes and the grandparent scam, where con artists pretend to be grandchildren in a financial jam. But few people want to hear that they’re
Most parents would agree that when it comes to raising children, the old adage “the days are long, but the years are short” rings true. It also applies when we look at education funding. You can’t start saving too soon when it comes to college, since age 18 may be here before you know it.