In 1958, Congress passed the National Defense Act and federal student loans were provided for more American families would be able to afford college. In the United States, knowledge is power. For many, this power begins with high school. During these adolescent age learners are prepared to take on life’s most challenging moments, with their… Continue reading How much student debt is too much?
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5 Good Habits to Raise Credit Score
A good credit score helps you to make the moves you want to make. You will need a good score while you are searching for an apartment to rent or requesting a business loan from a bank. If you’re single and not earning a $100k annual salary, but you don’t want to live in your… Continue reading 5 Good Habits to Raise Credit Score
How Much Does College Cost You?
How much would you say it costs to go to college? Earning a college degree is a means of opportunity for many young learners across the globe. In America, two-thirds of high school graduates attend their first year of college. More than half of the population has some college education, meanwhile less than one-third having… Continue reading How Much Does College Cost You?
NFT for Dummies
An NFT, “Non-Fungible Token”, represents a work of art, idea, or other items. These include music, paintings, brand accessories, game rewards. The best way to think of an NFT is comparing them to special trading cards or high-end art auction. The exclusivity of an NFT is its value. If Pablo Picasso was alive today he… Continue reading NFT for Dummies
Why 401(k) is important for your retirement plan
A 401(k) relieves you from the burdens of work. Retirement planning is important because during retirement years you will have comfort and needs. Your retirement savings will be a source of income that removes or reduces your need to maintain employment. While having income for healthcare and other insurances. What’s a 401k A 401(k) is… Continue reading Why 401(k) is important for your retirement plan
How to get started on Budget Management
Good budget management will better prepare you for the future. Begin with a goal you have. Make priorities based on your needs and wants then have a plan to bring it into action. Budget management will have positive impact on your financial health. Why budgeting is important Everybody should have a budget. If your goal… Continue reading How to get started on Budget Management
What is Interest: Simple vs. Compound interest explained
Your financial health is important. You only need to understand a few key concepts to evaluate your current financial status. These resources are free and available to you here. In this article, we discuss ‘interests’. To understand what interest is we must first begin with two key elements of economics, principal and time. Let’s say,… Continue reading What is Interest: Simple vs. Compound interest explained
How to buy US Treasury Bonds
Everyday you go to work to earn a living. Much of your success depends on you. Some for which you may feel are out of your hands. Financial security can improve your life and overall feeling of comfort. To a large degree this is good news. You don’t need to be rich to be comfortable… Continue reading How to buy US Treasury Bonds
Effects of Inflation on purchasing power
Each day you go into work you may be reminded as to the value of a hard-earned dollar. If you don’t have much flexibility in your savings account, then you are likely to have concerns about the effects of inflation on your purchasing power. What is Inflation? Inflation is a measure of the rate at… Continue reading Effects of Inflation on purchasing power
How to Achieve Financial Freedom with the Best Credit Habits
Introduction: What is Credit & How Important is It? Credit is a measure of one’s ability and willingness to repay debt. It is also the amount that a person or company can borrow from a lending institution. Here are the best credit habits to learn. Credit scores are used by lenders to make decisions about… Continue reading How to Achieve Financial Freedom with the Best Credit Habits