You are finally prepared to trade in that hand-me-down car your parents gave you (that has seen much better days) and grab your own four-wheeled automobile. But where do you start? It doesn’t matter who you are, your first-time car buying experience can be filled with uncertainty and misunderstanding. To help unclutter some confusion, we have come up with six steps on what to do when buying your first car.
The following steps will help you determine how much “car” you can affor... [More]
Most people borrow money at some point in their lives, but many may not realize that having the right kind of debt – and paying it off as promised – can show money management smarts rather than poor spending habits. Here’s how to sort the good from the bad when it comes to owing money.
What is good debt?
Think of good debt as an essential element to making substantial purchases you can’t otherwise afford now but should help you produce value later, such as paying for coll... [More]
Unfortunately, debt has become a way of life in the United States, with American consumers owing an overwhelming total of $11.68 trillion as of April 2014. That debt comes from multiple sources, including credit cards, mortgages and student loans. If you’re struggling to manage your multiple debt payments, you may want to consider debt consolidation.
Why debt consolidation is important
Managing debt from several sources can get complicated quickly. With so many bills due at different times... [More]