Most parents have already heard the bad news: a college education has never been more expensive. Many, in fact, are still paying off their own student debt and would like their children to avoid that burden. The good news is that there’s a lot parents can do to help their...
Category: Savings
Your Easiest New Year’s Resolution: Make Your Savings Grow Faster
Sticking to your new year’s resolution is often a time-consuming proposition. Want to get fit? Be ready to spend hours at the gym. Considering a side hustle? Goodbye, weekends. But if your resolution is to save more, there’s one quick way to start: Open a high-yield online savings account. You...
New UltraFICO Score Could Boost Credit Access for Consumers
A new FICO credit score, launching in 2019, could be good news for consumers who don’t quite have the credit scores they need to qualify for a financial product or for the terms they were hoping for. The UltraFICO score is an opt-in credit model that uses information from your...
3 Simple Things Anyone Can Do to Stay Out of Debt
With a swipe here and a swipe there, it can be easy to live your life on plastic and pile up debt. You’re not alone: U.S. households carried credit card balances that totaled $815 billion in debt in the first quarter of 2018, according to the Federal Reserve Bank of New...
Nine Ways to Master Your Money
1. Set S.M.A.R.T. Goals Saving tends to be easier when you have a certain purpose in mind: Saving for your first house, your retirement at a certain age, a child’s college education, or even a trip around the world. The important thing is for your goals to be specific, measurable,...
Three reasons why you live paycheck-to-paycheck (and how to break the cycle)
Does saving money seem impossible? You’re not alone. Reportedly, more than half of Americans have less than $1,000 to their name. While it’s hard to imagine keeping extra cash when you live paycheck-to-paycheck, there is hope. If you take a big-picture view of your spending habits, you’ll be surprised at...