When you get married, you are taking on joint financial liabilities. This is a fact, like it or not.
Just because you fell in love with someone who has destroyed their credit, doesn’t mean you have to live with it. However, you probably have to help fix it. If your spouse has poor credit, it can affect your joint credit accounts and potentially prevent you from opening certain accounts or receiving certain loans. In fact, until you straighten out your spouse’s credit, you may want to... [More]
College graduation celebrates past accomplishments and upcoming adventures. It’s also the point when paying off student loans becomes a tangible financial obligation rather than a future burden. Once you start paying, you’ll feel the effect on your budget immediately. But what may not be apparent is how this debt affects your credit score, which will have long-term effects on almost all areas of your life.
Establishing Good Credit
When it comes to your credit rating, student loans ca... [More]
So you've made it to part 3 of the Spring Clean Your Finances Challenge! (Or if you are new to the challenge, go to Part 1 and Part 2.) We're on the final stretch and the finish line is in sight! Here we go...
Day 5: Revisit Your Budget
If you had a successful day 4, day 5 is going to be a good one for you! You’ve saved yourself some money; now let’s see how that extra cash can best be used. Hopefully you already have a budget of some sort in place and track where your money is going... [More]