Top 5 Funding Options For a New Business

There's More Than One Way to Get Your Business Off the Ground Prepping for a new business venture? A significant portion of any written business plan should focus on how to fund the startup and sustain the enterprise from there. If you already have a funding source in place that’s great! But if you need help to get your business...

Does a Debt-Free Retirement Appeal to You?

5 Things to Do Right Now for a Debt Free RetirementLots of people have thoughts of the ideal retirement in the back of their minds. Being able to save enough to live comfortably can be important for a peaceful and prosperous future. Whether you have several years until retirement or you’re already there, if you haven’t already, today is...

Can Bailing Out Your Child Do More Harm Than Good?

Know When to Say WhenStudent loans, credit cards and mortgages; it's no wonder that millions of Americans find themselves buried in debt at a young age. The problem with debt is that once you've dug a hole, it's often difficult to climb out of it, especially when you factor in interest charges that exceed your minimum payments each month....

How to Pay Off Debt With The Best Short Term Results?

Pay Off Debt With Great Short Term Results
Smart Quiz: How to Pay Off Debt With The Best Short Term Results?Bankruptcy Avalanche Method Snowball Method Winging ItAnswer: Snowball MethodBeing stuck in a cycle of debt is overwhelming. The bad news is it won't go away on its own. The good news is, you can take progressive steps to tackle it and hopefully get it paid off...

How Long Does Negative Information Stay on Your Credit Report?

How Long Does Negative Information Stay on Your Credit Report?
Smart Quiz: How Long Does Negative Information Stay on Your Credit Report?Seven Years Ten Years Forever Until PaidAnswer: Seven YearsYour credit score is one of several factors that go into determining final approval on a new line of credit. If you happen to have something negative on it, like a late payment or a past bankruptcy, it can...

When Should You Cancel an Unused Credit Card?

When Should You Cancel an Unused Credit Card?
Smart Quiz: When Should You Cancel an Unused Credit Card?You Should Never You Should Always If It Has a Fee If High Interest RateAnswer: If It Has a FeeBetween paying down debt and boosting your credit score, balancing finances can be challenging. The ultimate goal is to have enough buying power to make big purchases at a stellar...

Assuming Timely Payments, What Impacts Your Credit Score the Most?

Assuming Timely Payments, What Impacts Your Credit Score the Most?
Smart Quiz: Assuming Timely Payments, What Impacts Your Credit Score the Most?New Credit Credit Utilization Frequency Credit History Credit Utilization RatioAnswer: Credit Utilization Ratio Your credit score is important, whether you need or want credit or not. It isn’t just used to assess financial credibility anymore, but responsibility in general. From potential employers to insurance companies and banks, a...

Which of These is Not a Credit Bureau?

Which of These is Not a Credit Bureau?
Smart Quiz: Which of These is Not a Credit Bureau?Credit Karma Equifax Experian TransUnionAnswer: Credit Karma A lot of people use Credit Karma to track their credit activity, but it is not a credit bureau. Credit Karma is a private site that does offer valuable information and tools. And while you may be able to review items and see...

It’s Time to Pare Down Your Debt, But Where Do You Start?

What Type of Debt Should You Pay Off First?
Ready To Reduce Your Debt? Start With Your Credit Cards As of August 2018, Americans owed a staggering 830 billion dollars in credit card debt. With a population of around 327 million people, that works out to over $2,500 for every man, woman and child in the country. Of these people, approximately 43 percent have a balance that carries over from...

Which Choice Is Most Likely to Determine a Person’s Net Worth at the Prime of Their Life?

Which-Choice-Is-Most-Likely-to-Determine-a-Persons-Net-Worth-at-the-Prime-of-Their-Life
Smart Quiz: Which Choice Is Most Likely to Determine a Person's Net Worth at the Prime of Their Life?Lifestyle Decisions University Attended Political Orientation Career DecisionsAnswer: Lifestyle Decisions Knowing how much you are "worth" is one way to measure your wealth. The college you go to won’t mean anything if you don’t pay off your debts or get a...