No matter the situation, it is good to have some money on hand. Sinking funds and an emergency fund are good strategies to make sure that happens. Find out the difference between the two.
by Shaun MorganIf you fail to make payments, creditors will attempt to recoup the funds owed. If approved, creditors can freeze your bank account and withdraw funds directly. With a bank account levy in place, your options are limited.
by Sha'Kreshia TerrellBankruptcy is a debt relief procedure in which a bankruptcy court is used to relieve a debtor's obligation to pay off all or part of their debts. Here's how the bankruptcy process works.
by Sha'Kreshia TerrellTracking the activity in your checking and savings accounts is a great money management strategy. In addition, your monthly bank statement is an excellent resource provided by your financial institution to assist you in staying on top of your finances.
by Sha'Kreshia TerrellJala Eaton, Esq., Certified Trust and Fiduciary Advisor (CTFA), is the Founder and CEO of On My Own Financial, LLC and J. Eaton Law PC. Learn more about Jala Eaton, her company On My Own Financial, and her advice to other women entrepreneurs.
by Nailah HerbertAtiya Brown is the Founder and CEO of The Savvy Accountant, which helps small businesses solve complex tax issues and save money on their taxes. She joins Culture Meets Money to share her best tax tips that every successful entrepreneur should know.
by Nailah HerbertLandlords perform credit checks to make sure that a rental applicant appears trustworthy and has a solid history of making payments on time. You can take several steps to pass your next rental credit check with flying colors.
by Pam HillFor savvy buyers, the holidays offer a great opportunity to find homes decked out in their holiday finery with few competing buyers and discounted prices.
by Pam HillWe all need a place to call home. But rent prices, like most everything, seem to be rising ever higher. Here's how to know if your rent is not just high, but too high for you.
by Pam HillA basic budget provides you with a plan to implement, should a financial emergency strike and you must limit your spending only to your most basic needs.
by Pam HillThe idea of having children can be sweet when you think about all the special moments like the cuddles, hugs, and kisses. But the reality of having children is that they are a huge responsibility, especially regarding your finances, as a recent estimate says caring for a child costs $300,000.
by Matin Varshochi