Feeling House Poor? 5 Tips to Simplify and Save

Homeownership is considered a cornerstone of the much-desired American dream. However, we each embark on a path toward fulfilling this dream at different rates, surrounded by different circumstances. If we get caught up in chasing a dream that’s not within our current means, then we run the risk of serious financial hardships in all parts of our ...


What You Need to Know Before Borrowing Money for College

A weak economy and rising tuition costs have forced student loan debt levels into the spotlight. People from all walks of life and backgrounds struggle with payments. In fact, the Federal Reserve Bank of New York reports student loan debt has even surpassed credit card debt in America. If you need a loan to pay for college, be sure to consider t...


financial tips for older college students

Financial Tips for Older College Students

Whether you're going back to school to finish a degree you started earlier in your life, or you're planning to attend college for the first time as an adult, congratulations! You'll see your efforts pay off in the form of higher lifetime earnings. According to the U.S. Census Bureau, the expected lifetime earnings of an individual who only has a...


money-saving tips for college students

Money-Saving Tips for College Students

Today’s college students must navigate a far different financial landscape than those who graduated just a few years ago. Tuition is higher, jobs are scarce and personal debt levels are rising. Yet despite these warning signs, many young adults don’t realize the impact of poor money management. Excessive spending and inadequate planning at 18, ...


Young woman on the phone negotiating lower credit card interest rates.

Do’s and Don’ts of Negotiating Credit Card Interest Rates

Credit card interest rates aren’t etched in stone. In order to retain business, creditors may lower the interest rates of responsible credit card holders who make the effort to ask. A 20-minute phone call could help you drop a few percentage points, but many often wonder: is it worth it?      Let’s take a look at the numbers. If you have ...


Assorted school supplies for back-to-school

Back to School Budget Busters: How to Save on Supplies, Clothes & More

With school back in session, many parents are wondering how they’ll swing rising classroom costs. As retailers pull out all the stops to lure parents and students alike, shoppers must take steps to avoid unnecessary temptations and run up a steep credit card bill. It is possible to equip yourself or your kids with everything you need – without...


African American family enjoying Thanksgiving Dinner

What is a Reverse Mortgage?

A reverse mortgage, otherwise known as a Home Equity Conversion Mortgage, (HECM) is a loan, using your home as collateral, and where payments on the loan are not required monthly or at all. Instead the loan becomes due and payable only after the last homeowner either dies, sells the home or stops living in the home for 12 consecutive months. With a...


How to Save on Your Summer Vacation

Are you gearing up for a summer vacation? Whether your goal is to beat the heat or dive right in, your summer getaway doesn’t have to burn up your budget. With some careful planning and research, you can have a memorable vacation, and still have cash left over. Here are seven tips to help you make it happen: Do Your Research Compare a variety o...


Housing Crisis Programs

The home-mortgage crisis in the United States has spawned problems in the mortgage, real-estate and banking industries, and many consumers now face mortgage-payment increases in the coming months that could cause the number of foreclosures to climb even higher. Here are two valuable resources for consumers in need of help with their mortgage situat...