How Much Should I Save Each Month? A Simple Practice For Financial Wellness
Updated Sep 22, 2023By Melissa Cook
A fundamental principle of personal finance is the practice of allocating a portion of your income to savings. Yet, calculating the optimal monthly savings amount can pose a challenge...
Read MoreAre You Eligible? Biden’s Plan for Student Loan Forgiveness (Update)
Updated Sep 15, 2023By Melissa Cook
If you're wrestling with student loan debt, you've likely been paying attention to President Biden's new Saving on a Valuable Education (SAVE) plan. Here's everything you should know...
Read MoreDebt Avalanche vs. Debt Snowball: Choosing the Right Strategy to Erase Your Debts
Updated Aug 28, 2023By Melissa Cook
Both of these strategies are designed to accelerate your debt repayment journey, but they take different approaches. Which one is right for you will largely depend on your debt...
Read MoreUnpaid Cell Phone Bill Collections: Understanding the Statute of Limitations
Updated Aug 21, 2023By Melissa Cook
If you've recently received a call or mail piece regarding unpaid cell phone bill collections, it's crucial to know your rights and the statute of limitations, because you may not have to pay...
Read MoreBenefits and Drawbacks to Home Equity Loans: Is it Right for You?
Updated Mar 14, 2023By Melissa Cook
A home equity loan is a type of loan that allows homeowners to borrow against the equity they have built up in their homes. The loan is secured by the home, which means that...
Read MoreCharge-Off
Updated Mar 14, 2023By Melissa Cook
A Charge-Off is a financial term used to describe a situation where a creditor writes off an outstanding debt as uncollectible. In simpler terms, it means that the creditor has given up on...
Read MoreCapital Gains
Updated Mar 10, 2023By Melissa Cook
Capital gain refers to the profit that an individual or entity realizes when they sell an asset for a price that is higher than the price they initially paid for it. In other words, it...
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