A New Lender Took Over My Mortgage — Now What?

When you were going through the home-buying process, choosing a mortgage company was a big part of that. You likely did painstaking research on each company and carefully considered loan offers before deciding on one. Despite all that hard work, your mortgage servicer — the company that…

How to Talk to Your Teen About Student Loans

With college almost close enough to touch, your high schooler has probably been talking your ear off about which universities they want to visit and which majors they’re considering. While this is a very exciting time for your teen, you also don’t want them to go into massive debt chasing their…

The Pros and Cons of Paying Off Your Debt Early

Debt stinks. We all know this. The sensible move here is to pay off any and all debts as soon as possible, right? Not so fast. In some cases, paying a debt off early doesn’t save you all that much money. Let’s take a look at the pros and cons of paying down debt before … Read moreThe Pros and Cons of Paying Off Your Debt Early

You Owe How Much? Here Are Five Ways to Pay Off Your Holiday Debt

The holidays may be fun while they last, but the overall financial impact of the season tends to linger in ways that aren’t so cheery. A late 2017 study from MagnifyMoney found that the average consumer added $1,054 to their credit cards during last year’s holiday shopping season. It remains to be seen whether this year’s … Read moreYou Owe How Much? Here Are Five Ways to Pay Off Your Holiday Debt

16 Small Steps You Can Take Now to Improve Your Finances

You have all kinds of financial goals you want to achieve, but where should you begin? There are so many different aspects of money management that it can be difficult to find a starting point when trying to achieve financial success. If you’re feeling lost and overwhelmed, take a deep breath….

How to Sell Your Home When You’re Underwater on Your Mortgage

It’s no fun selling a home when you’re underwater on your mortgage. Being “underwater” is when you owe more on your mortgage loan than your home is worth. Unfortunately, there are times when homeowners have no choice. Your employer might transfer you to a new job across the country. Or…

Is It Time to See a Marriage Counselor About Your Money Problems?

Can’t stop bickering about money with your spouse? You’re not alone. According to a 2016 study by Ameriprise, about three in 10 couples disagree on finances at least once a month, mostly about major purchases or spending habits. It’s no surprise that money is a touchy subject for many couples,…

5 Things Keeping You From a Life of Financial Independence

Financial independence can mean different things to everyone. A 2013 survey from Capital One 360 found that 44 percent of American adults feel that financial independence means not having any debt, 26 percent said it means having an emergency savings fund, and 10 percent link financial independence…

What a Financial Trainwreck Can Teach Us: Six Mistakes to Learn From

A married couple recently confessed to some horrifying money blunders in an interview on the WealthSimple website. In their mid-40s and the parents of three kids, the pseudonymous Kate and Tom bring in $160,000 a year through their day jobs in insurance, with additional funds whenever Tom moonlights as a bartender for private parties. Yet … Read moreWhat a Financial Trainwreck Can Teach Us: Six Mistakes to Learn From

Should You Refinance Student Loans With a Balance Transfer Card?

As of early 2018, the average student loan debt for 2017 graduates was $39,400. That’s a 6% bump from the year before, notes Student Loan Hero. Collective student loan debt nationwide is also up to $1.48 trillion across 44 million borrowers. With stats like these, it’s no wonder students are…