[News] American Crisis: Student Loan Debt

Increased Cost of Living Is Setting Millennials Back Many Americans are facing student loan debt that feels insurmountable, according to a 2018 survey by Student Loan Hero. This survey was conducted to challenge the idea that millennials have it easier than previous generations. It turns out that this line of thinking isn't accurate. Instead, young adults are facing a financial crisis...

Top Credit Cards Offer Different Perks and Benefits

Choosing a Credit Card: Look for These Important Features Obtaining credit can be just as challenging as keeping a FICO score in an acceptable range. For cardholders, whether they are just establishing credit or rebuilding due to some setbacks, there are plenty of card options that can put more money back in their pockets and also reward them for...

Is It a Good Idea to Consolidate Credit Card Debt?

How to Manage When You’re Drowning in Debt Overwhelming debt is linked to a whole host of emotional difficulties. A 2017 study looked specifically at the long term effects of financial struggle and found it caused increased depression over time, was linked to worsening anxiety and even alcohol dependence. For some, the burden of debt is so great it feels as...

The Risks of Lending Money to Family and Friends

Think Twice About Lending to Loved Ones Helping out a friend or family member who is facing financial pressure is certainly generous, but it isn’t always a good decision for everyone involved. There are risks associated with acting as a lender or cosigning on a loan. Before making the decision to help out someone you care about, think about the...

Should You Leave Your Grandkids an Inheritance or Pay Off Their Student Loan Debt?

Should You Leave Your Grandkids an Inheritance or Pay Off Their Student Loan Debt?
When Paying Off Student Loan Debt Makes Sense Managing how to disperse the final expenses of a life insurance policy and other assets is a very important financial task. But that doesn't mean it should be complicated. If the heir is a grandchild, it's important to take a look at their existing financial lifestyle. Are they straddled with a lot...

When to Consider Debt Consolidation

When to Consider Debt Consolidation
(FinancialHealth.net) - Debt consolidation isn’t for everyone, but for some it can mean the difference between a credit score that only gets lower and slowly climbing to an excellent credit rating. Before you take on a debt consolidation loan or offer, consider some of the following details. What is Your Hourly Worth? Your hourly worth is important because debt consolidation loans...

Making the Decision to File for Bankruptcy

Is Bankruptcy the Answer?
Get the Facts Before You Decide The decision to file for bankruptcy isn’t one to take lightly. Individuals who are facing large credit card balances, medical bills and past-due mortgage payments can use this option to get out from under insurmountable debt. However, it’s a choice that should be avoided if possible. Bankruptcy isn’t an easy fix, there are lasting consequences...

Alzheimer’s and Money Matters: When to Step In

Monitoring Finances Is One Way to Care
Caring for Loved Ones Takes Many Forms Alzheimer's is a form of dementia that affects memory and greatly impacts quality of life. For those with a parent or grandparent who has the disease, it can affect what they do and the decisions they make, especially with money. Alzheimer's patients may not notice subtle bouts of memory loss or strange behavior,...

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?

Best Thing About Retiring in a College Town
5 Things to Do Right Now for a Debt Free Retirement Lots 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...

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Tax Breaks Americans Overlook

Have You Overlooked This Big Tax Break?

(FinancialHealth.net) - Every year, millions of U.S. residents look forward to their tax refunds. Unfortunately, many of them aren’t receiving all of the money...