Living debt-free life may seem practically impossible as most adults have debts in some form or the other – either a home loan, car loan or credit card balance. The good news is that living debt-free is possible, and many people have done it or are close to living debt-free. What do these people do… Read More
What Happens to Your Financial Accounts in Bankruptcy? (Guest Post by Lyle Solomon of Oak View Law Group)
Let’s admit, it is essential to understand bankruptcy basics as it could be one of your legal lifelines. It is true, especially if you have debt payments to receive or are drowning in loans or debts. Though filing a bankruptcy petition or seeking legal assistance is your right, legal proceedings may have more to them,… Read More
7 TIPS FOR MAINTAINING A HIGH CREDIT SCORE (Guest Post by Gabby Baglino of BrytSoftware.com)
Do you want to apply for a loan? One of the most important things you need to take care of is your credit score. A good credit score is crucial to a successful financial future. With a positive score, you can expect to get more job opportunities, receive the best rate credit cards, or qualify… Read More
My Journey in Paying Off 125K of Student Loans in 3 Years (Guest Post by Romario Nicholas)
Hi, I’m Romario Nicholas. I’m an immigrant from Jamaica. A first generation 2x college graduate (BS, MHRM). And now I am student loan debt free. In this article, I hope to serve as a source of strength and encouragement to those who are from similar backgrounds and who are going through their own student loan… Read More
The Differences Between Chapter 7 Bankruptcy And Chapter 13 Bankruptcy (Guest Post by Ben Tejes of Ascend Finance)
The Differences Between Chapter 7 Bankruptcy And Chapter 13 Bankruptcy Many people seek the legal debt relief option of bankruptcy each year. Anyone may need to file bankruptcy including Dave Ramsey, the personal finance guru. One question I get all the time is, “Which is better, Chapter 7 or Chapter 13?”. While I would… Read More
Financial Literacy Ambassador Awards Announced
Financial Literacy Ambassador Awards Announced New York, NY – August 25, 2021 Working in Support of Education (W!se), a national educational nonprofit, announced the five 2021 Financial Literacy Ambassadors today during a virtual ceremony. High school students who passed the Wise Financial Literacy Certification Test with a score of 95% or better and interested in… Read More
Income Sharing Agreements: A Different Way to Pay for College (as reported by Robert Farrington on forbes.com)
With college tuition and costs rising, students need a solution to pay – now more than ever. Luckily, a new kind of payment method is growing in popularity. It’s called an “income sharing agreement,” or ISA. Unlike traditional payment plans, an ISA doesn’t require students to take out loans. Instead, the program covers the student’s… Read More
Bankruptcy debt discharge – Which debts are out of the line (Guest Post by Lyle Solomon of Oak View Law Group)
Filing for bankruptcy may help you get out of debt and give you a second chance to reset your finances. When discussing consumer bankruptcies, Chapter 7 or Chapter 13 bankruptcy can help you discharge multiple types of debt. But, practically, you can’t shed all debts from your shoulders. Once you’ve discharged your debts, the creditor… Read More
Lessons from a Year of Lockdown: What to Keep In 2021 (Guest Post by Jessica Larson of SolopreneurJournal.com)
With more vaccinations being given and more states opening up, it might be tempting to act as though the pandemic never happened by reverting to the “old normal.” But that would mean ignoring the many lessons we’ve learned — lessons that can apply to a post-pandemic world as easily as they have during the COVID… Read More
As American Reopens, Will Overspending Be A Problem? (As Reported By Paulette Perhach of Vox.com)
As vaccination numbers rise and new COVID 19 case rates drop, Americans slowly return to “post-pandemic” life. While we might not be over the hump, a finish line appears to roughly be in sight. And with renewed faith in public living, we also see a resurgence in the economy as a whole. It makes sense…. Read More