Lack of financial knowledge has resulted in many young adults making bad decisions with their money. Most money problems can be solved by learning how money works and using it to help you succeed.

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.

If you're tired of holiday debt, it is time to start using strategies to avoid it. One of the most powerful strategies to avoid holiday debt is the sinking fund. Learn more here.

Tracking 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.

A goodwill letter usually asks creditors to overlook the past due bill and accept your payment as if it had been received on time. The end result is left up to the creditor to decide whether or not to erase any negative marks on your credit report.

Jala 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.

Starting October 12, 2022, Delta Air Lines and Starbucks launched a partnership that allowed their customers to earn rewards with both loyalty programs. This partnership will allow their customers to earn double the rewards of existing programs.

Creditworthiness refers to whether a person or company is considered fit to receive a loan or line of credit, often based on past financial borrowing experiences. Here's why your level of creditworthiness is important to your financial health.

Everyone should regularly check their credit report. The difference between a soft inquiry and a hard inquiry can significantly impact your score. Here's what you should know about the difference between both.

If you have little or no credit history, you may need a co-signer to get approved for certain loans like auto or mortgages. Even as an apartment applicant, you may need a co-signer. A co-signer can increase your chances of getting approval from a lender.

The 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.