Remember layaway? It was a service many retailers offered that allowed customers to buy now and pay later without using credit cards. A customer would select their items, place them on layaway, make a small down payment, and then pay the balance in installments. Once paid-in-full, the customers took home their items. It was an efficient system that...
There’s no doubt 2020 has been one of most unsettling years in recent memory. For many, it’s meant job loss or reduced income. And even if you’ve maintained full employment over the last several months, staying focused has been challenging. All this has led to people making some common pandemic money mistakes. Let’s see what they are, and h...
When it comes to getting out of debt and achieving financial freedom, there are a lot of myths surrounding the many ways to accomplish that. Credit repair is one those methods that many people misunderstand. Keep reading to separate the facts from the myths about credit repair. Myth: Credit repair works to improve credit instantly Fact: T...
If you’ve ever looked at a debt-free friend or family member and wondered what their secret was, you might be surprised to know there isn’t one. In fact, most debt-free people share a common set of habits that help them achieve and maintain their financial freedom. Let’s take a look at seven habits of debt-free people. Following a Budget It...
Whether pushed into it as a result of job loss or you’re simply ready to try something new, preparing for a career change is challenging and exciting. Let’s look at some tips to help make it a smooth transition. Narrow Your Field of Focus You might have a plan in mind and know exactly the types of jobs you want to pursue. Or, you might just k...
The ongoing pandemic has pushed Americans to take a long look at their finances. Many are facing unemployment or reduced income, and those who remain fully employed are being more careful about how they save and spend their money. To keep better track of their money, some people are budgeting for the first time ever — a habit that will hopefully ...
Back-to-school season is definitely different in 2020. But it’s still a good time to celebrate your child’s growth and achievements as they transition into a new academic year. For many, that can mean opening their teen’s first bank account. In addition to being a great teaching tool for positive money habits, it adds convenience for parents ...
The devastating economic effects of COVID-19 have forced millions to live off emergency savings. But as the pandemic continues to affect Americans’ financial lives, many have reached their limits and are wondering where to turn next. If you’ve exhausted your emergency stash and are now running low because of economic and job instability, some c...
When most people hear “student loans,” they’re thinking of federal student loans that are issued by the Department of Education and managed by a variety of loan servicers. But in addition to these widely known federal student loans, there are also private student loans. These are loans issued by banks or other financial institutions directly ...
Searching for a new job is always a challenge. The ongoing pandemic has added new layers of difficulty and uncertainty to the process. But that doesn’t mean it’s impossible to find a new job right now, you just have to go about looking for it a little differently. Let’s take a look at helpful tips for job hunting during the pandemic. ...
COVID-19 Update