In retirement, you can take it easy and enjoy life to the fullest. Where you want to stay is the most important thing you should think about. Some of you might want to stay in the same house or city, while others might want to move to a new place...
One of the biggest lies is that if you file for bankruptcy, you will be financially free and no longer have debt problems. Wrong! Filing for bankruptcy is not the only way to get out of debt. Every year, more than a million people in the U.S....
When your finances seem to be taking over your life and you can't make your payments each month, you should try to work out debt settlements with each of your creditors before you file for bankruptcy. A debt settlement is when a creditor agrees...
People usually get crushed by the weight of their debts in two main ways. Some people feel like debt hit them like a tonne of bricks when they lost their job or got sick and couldn't work or had to spend a lot of money on medical bills. Other...
Savings accounts are run by a commercial bank or a mutual savings bank. The FDIC backs savings accounts up to the limits shown. The money you put in a savings account earns interest over time, which helps you get richer. How much interest you get...
Many of you may be wondering what the difference is between good debt and bad debt. First, let's talk about debt. According to Webster's dictionary, a debt is "something that is owed or that one is obligated to pay or do for another, or a...
Several states let people freeze their credit report, which makes it impossible to get credit in their name. Some states, like Texas, Illinois, Washington, and Vermont, only let people freeze their credit if they have already been a victim of...
"Don't put all your eggs in one basket!" is probably what everyone will tell you about investments. This old saying just means that you shouldn't put all of your money into one company or industry when you're investing. Diversification is the...
Everyone wants to be "Rich and Famous," whether it's on a local, national, or international level. We spend our whole lives trying to get what we want. We want to live in a large house in a wealthy neighbourhood that has been designed by a...
The consistency with which you save money is more important than how much money you save. Those who are wealthy and can save a lot of money will earn more interest, but for the rest of us, even saving a few dollars every week will add up over...