It's that time of year again. The holidays are nearly in full gear; the preparations are underway with candles lit, lights strung, and carols sung when the financial stress begins to peek behind the corners of brown paper packages tied up with string. Everything’s shiny and cozy, yet you can’t extinguish that tiny feeling that you may go way over budget thi
The one aspect of personal finance that most Americans share in common is debt accumulation. Between mortgage costs, education expenses, auto loans, and credit card debt, being debt free is quite a financial feat for the average household. In times where the average household credit card debt exceeds $12,000, controlling debt becomes a truly subjective issue.
Think back to those early days in life when it seemed like everything in the candy aisle was free, if you begged your parents hard enough. Not a fleeting thought was given to the expenses of a vacation or the co-pay costs at the doctor. There is something beautifully unburdened in the way which children experience the world: recklessly present and innocently ambivalent.
For some a car is simply a means of getting from point A to point B. For others it’s a status symbol. Cars are a hobby, a passion, for some and necessity for others, but whatever the level affinity toward automobiles there comes a time where just about everyone needs to start shopping for a new (or used) one. But, don’t run down to the local dealership just yet.
With credit card interest rates ranging between 11 to 22%, it’s no wonder people are looking for alternative ways to handle and pay off their credit card debt. With the convenience of having a consolidated monthly payment for all of your debt, a personal loan may offer a lower interest rate than your 'best' credit card.
There comes a point in life where you want to begin sharing or gifting all the things you’ve collected over the years—stories, wisdom, financial wealth. Unlike the Ancient Egyptians believed, you cannot take your worldly goods with you when your light goes out. You can share your wisdom in a manifesto or through funny tales to your family, but what about the money?