We sometimes forget that even the wealthiest, most successful people weren’t always on top of the world. “Every master was once a disaster,” T. Harv Eker writes in his bestseller, “Secrets of the Millionaire Mind.” “No one comes out of the womb a financial genius. Every rich person learned how to succeed at the money
You’ve been avoiding the scale. But, the time has come to rip off the bandage, open your eyes, and get real about your credit score. Why’s that three digit number so important? A lot is determined by your credit history and, in turn, your credit score. Whether you’ll be approved for a loan to buy
Sensible debt should be part of any financial strategy. Healthy debt enables you to enjoy things that might otherwise be beyond your reach, and it can also help your overall credit score. But, obviously, borrowing has an ugly side as well. Too much, too expensive, or the wrong kinds of debt can make life miserable. So,
Financial regrets. We’ve all had a few. But there’s a big difference between making an impulse purchase that you second-guess the morning after and making a major decision about your money that could haunt you for a lifetime. We reached out to dozens of financial planners and personal-finance experts for their views on some of
My son has fallen behind on his student loan payments. How can he get back on track? Have him contact the loan servicer immediately. Even one missed payment is considered a delinquency, and federal loans that have been delinquent for at least 90 days are reported to the three major credit agencies. If your son
It all starts with a conversation. Having the money talk with you kids and sharing lessons on how to embrace a healthy financial lifestyle is one of the best things you can give your children. Starting off with the basics helps you instill good money habits early on. Here are some things to think about.