When President Joe Biden was elected into office, one of his main promises was to forgive borrowers’ student loans, and now it is beginning. Eligible borrowers can receive up to a $20,000 deduction in their outstanding student loans.
by Matin VarshochiOne of the simplest ways to secure financing is through a line of credit. The application process for lines of credit tends to be quicker and less involved than for other types of financing such as business loans, personal loans or mortgages.
by Pam HillIf you find yourself routinely having more month than money, then it may be time to embrace a more structured budgeting approach by starting from zero, zero-based budgeting, that is.
by Pam HillAfter receiving medical care, a bill must be paid off. Typically, if someone has health insurance, the insurance company will cover all or a portion of the bill. Some may have little to no income, which makes it hard for them to afford insurance, which leads to accumulating debt.
by Matin VarshochiAuthorized users, like cosigners, should be carefully considered before adding them to a credit card account. If not, it can be a costly mistake and will likely ruin your credit score.
by Sha'Kreshia TerrellFinancial decisions like purchasing a cell phone or applying to rent an apartment or house will require you to have your credit score in good standing. A low credit score can also allow lenders to charge you a higher upfront cost or pay more money because you aren’t considered creditworthy.
by Matin VarshochiFor a second straight quarter, the gross domestic product (GDP) of the United States fell, the typical definition of a recession. Due to the rising fears of a recession, companies have reduced their job openings, and there is a possibility some people will be getting laid off in the near future.
by Matin VarshochiIf you have decided to attend college, you will likely have to make many significant life choices before graduation. Below are some money management techniques that can help you save money and improve your financial situation.
by Nailah HerbertThe current school curriculum does not have any courses which discuss financial literacy. As a result, some states have begun implementing financial literacy courses into the curriculum, which will go into effect in 2023.
by Matin VarshochiAttending college is an important milestone. While in college it’s a must to establish a great financial mindset. According to a study by Ohio State University, more than 70 percent of college students reported feeling stressed about their finances.
by Matin VarshochiWorkforce payments platform Branch recently conducted a survey asking hourly workers in the United States about their financial situation. The purpose of this survey was to determine how well off these hourly workers are in the midst of the current economic climate, and the results were startling.
by Matin VarshochiOn Wednesday, July 13, 2022, crypto bank Celsius filed for Chapter 11 bankruptcy. The digital asset firm mentioned extreme market conditions led to a surge in customer withdrawals, ultimately hurting their operations.
by Matin VarshochiScholarships are the best option for getting a college degree debt-free. Here’s how you can get a free education by using scholarships.
by Shaun MorganFinding a dream home requires its fair share of saving, planning, and research. Starting early, before venturing into your buying first property, can help ensure that you find a home that fits your style and budget.
by Pam HillReal estate investing doesn’t have to be expensive. Many opportunities abound at a price of $1,000 or less, from real estate mutual funds to tax lien certificates. In this guide, we’ll share five ways to invest in real estate for $1,000 or less.
by Pam Hill