This post is brought to you by BlackFri.com, where you can see all of the Black Friday Ads before they come out in the Thanksgiving Day paper. “8% interest is good, right?” I asked my Dad. “Well, it’s good for the bank,” he said. “Better than a higher rate though, so it could be worse.” I don’t know much about interest rates and loan payments,
Here’s a typical scenario for my boyfriend, who has a ton of student debt: It’s Friday night and he just got paid. Time to go to the bar and celebrate the end of a hard working week, right? Wrong. Between loans, rent, and food for the week, he’ll be barely making it until his next paycheck. Our friends don’t understand why he can never afford
While I’m fortunate to have zero college debt – I went to school in-state and lived at home three out of four years – my boyfriend isn’t so lucky. He now owes $153,000. YIKES! He pays $2,000.45 per month out of his $3337.46 a month salary. That’s more than half of his monthly income going to college debt! Even paying this large monthly sum, he has
I recently came across “The 10 ‘Never-Break’ Rules of Good Credit” in the Kane County Chronicle, which listed how to maintain good credit, derived from the formula that credit bureaus and lenders use to calculate your lending score. Some of the tips are not new, but I found it a great reminder worth sharing, some “In My Opinion” reactions. The 10 rules of good
When your kids leave the nest, will you have taught them important money lessons, like how to make sound financial decisions and keep their credit score clean? Whether or not you’ve taught your middle schooler basic money lessons, high schoolers can handle increasingly complex financial ideas and practice making more substantial financial decisions for themselves. So before they move out, here are 8 money lessons
I’m always skeptical of pitches I receive about free mortgage help. There are just SO many scams out there. But this one is legit. And it is free. It’s called the Making Home Affordable Program and it’s a government program that ends soon – in December 2013. Bizarre facts about foreclosure in the U.S. 4 million homeowners are currently facing foreclosure 1 in 14 U.S.
I was stunned that nine out of 10 readers who chatted with me on the BargainBabe.com Facebook page about how many credit cards they had in their wallet HAD NONE! Those nine readers only carry debit cards. Confession: I have never used a debit card, ever. I am scared of debit cards! Why do you use debit?
I may be a sucker for puppets that make me nostalgic for Jim Hensen’s Muppets, but I FRICKIN LOVE THIS VIDEO OF PUPPETS RAPPING ABOUT STUDENT LOANS. Watch this video. It’s a very good way to spend 2:21. Note: This video was made by LendKey, a company that represents more than 200 credit unions, so it’s no surprise that the puppets recommend credit unions so
Well? Did you spend an hour on Sunday smashing one of your 2013 financial goals? (If you missed Wednesday’s post starting this kick-butt series, click the link above.) You did? Awesome! Don’t you feel amazing? I love starting a project and quickly biting off a piece of it. Can you feel the momentum carrying you to the finish?! We have already… Put our 2013 financial