Recent News:
Source: BankRate.com
Comparing mortgage offers helps you find the lowest possible rate, which can ultimately save you thousands in interest. If you’re not careful about how you comparison-shop, though, you could unnecessarily hurt your credit score, which can make it harder to qualify for the best rate.
With a bit of planning, this doesn’t have to be the case. Here’s how to shop for a mortgage without hurting your credit.
Source: GreenPath Financial Wellness
As a national nonprofit guiding people to financial health and wellness, we often get questions about the use of prepaid cards to help manage monthly budgets. We share with our clients that the journey to financial wellness is smoother when people take the time to create a budget. That’s the best place to start. We point to resources we offer about “Budgeting 101” and the importance of building out a simple “spending plan” when looking at monthly income and expenses.
After making a budget, it will become clearer what a person’s specific financial situation is. What are the monthly budget line items? What is the monthly income? How much consumer debt must a household must manage? What other debt must the household manage? Does the household have any emergency savings?
All these considerations must be tracked to understand the full picture.
Source: GreenPath Financial Wellness
Making a budget and following it are two powerful financial habits. It’s not always easy, or fun at first. But it is one of the best steps you can take to successfully manage your finances. There are many reasons to budget and in the long run, it feels really good to see yourself accomplishing a goal.
