How Should Newlyweds Handle Finances?

(FinancialHealth.net) - Wedding season is right around the corner. Maybe you've just married, or maybe your ceremony is coming up quickly. One thing is certain. As life settles back into a normal routine, finances will become a focus. One question you’ll need to cover is whether you and your spouse should get joint accounts. Well, the answer to that question...

This Common Digital Scam Targets Seniors

The Most Common Digital Scam Affecting Seniors Today
Malware Trickery Aims to Take Advantage (FinancialHealth.net) - Scamming seniors into downloading malware is much easier than scamming other age groups. According to researchers, individuals over 65 are 34 percent more likely to be scammed and lose money than people in their 40s. Seniors are often targeted because they are more financially stable, but also lack digital literacy compared to...

5 Credit Building Tips for People with Low Scores

(FinancialHealth.net) - Credit scores are incredibly important, and it looks like more people in the US are learning how to take care of theirs. According to a new report, the average credit score is rising. Not quite among the ranks of those seeing an increase? Here’s what you need to know. Experian’s 2019 Consumer Credit Review found the average FICO...

NC High Schools Want to Teach Fiscal Responsibility to Students

Students to Be Taught the Risks of DebtLawmakers in North Carolina passed on a bill that will require high schoolers to complete a personal finance course as part of their graduation requirements. The goal is to better prepare students for the many financial decisions they will be making in the immediate future. While some teachers excitedly support this decision, not...

This Retirement Account Doesn’t Have Required Minimum Distributions

(FinancialHealth.net) A Roth IRA Lets You Take Your Money on Your Terms When it comes to retirement planning, and setting future goals, having enough cash flow to live comfortably is often at the top of the list. One key toward that end may be to diversify a retirement portfolio so that funds aren't all tied up in the same account. There...

Avoid Divorce Court: How Couples Can Agree on Finances

Avoid Divorce Court: How Couples Can Agree on Finances
Solve Your Money Arguments Before It's Too Late It’s an age-old problem that comes up in almost every marriage — finances. Whether it’s one spending too much or the case of disappearing dollars, it doesn't take much for couples to bicker over spending and saving. However, it doesn't have to end in a big argument or worse, divorce court. Here's...

Text Message Scams and How They Threaten Your Finances

Text Message Scams and How They Threaten Your Finances
(FinancialHealth.net) - Text messages are easy to send and receive, allowing people to communicate at their will instead of when the other person answers the phone. However, don’t think that just because you’re texting you no longer have to deal with telephone scams. Sure they may not call you at all hours of the day, but many scammers are...

The Fastest-Growing Source of Personal Debt

Fastest-Growing Source of Personal Debt
(FinancialHealth.net) - Personal loans became the fastest growing debt in the United States last year. It grew to $305 billion in the first half of the year, and it outpaced the growth of credit card debt by double. YouTube’s “MoneyCoach” channel explains the intricacies of personal loans: https://youtu.be/RQTwvpDm9h0 If you’re considering a personal loan, you should also know risks and rewards before...

How Women Are Winning in Trump’s Economy

How Women Are Winning in Trump’s Economy
(FinancialHealth.net) - It's no secret the economy and job market are doing very well under President Trump. In fact, some industries are growing really quickly and that is great news for women in America. For the second time in history, there are more women in the US workforce than there are men. The Labor Department report found that December saw...

Why Budgeting Still Matters

Why Budget?
What Is Budgeting and Why It Still Matters We talk about budgeting quite frequently, but what exactly is a budget? A budget is a tool that allows us to easily assess our income versus our expenditures. The result is a clear tool we can use to better understand our overall finances and set clear money management goals. Our bills are...

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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...