Most people who have credit cards know that getting into debt is a slippery slope. According to a recent study by the Federal Reserve Bank of New York, 1 in 5 Americans are maxed out on their credit cards due to rising prices and higher interest rates. Credit card...
The Debt-to-Income Ratio Calculation
When you apply for a new loan, the lender looks at a few major factors to decide if you’re a good candidate. The first is your credit score and the second is your debt-to-income ratio (DTI). Your DTI tells lenders if you can afford the loan. If it’s too high, you’re...
How to Free Up More Money in Your Budget to Pay Off Debt
Want to free up more money in your budget to pay off debt? Here are 6 easy ways to lower your expenses in order to put more money toward debt.
Top 3 Reasons To Be Debt Free
We’ve been hearing since last year that a recession is coming. Things seem good though. There are more jobs and people are spending money. Recession, smession! Well, recessions generally follow the good times. It’s that up and down roller coaster ride our economy is constantly on!
Motivate Yourself On Your Debt Repayment Journey
Hello #MoneyChat’ers! I’m so happy to be sharing my personal finance expertise with you all. One of the biggest financial issues that people have trouble dealing with is managing and paying off debt. I know all too well because I’ve been there and found a way to break...
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5 Financial Things Those Age 18 to 25 Need to Do NOW!
It seems like the 18 to 25 age group is often excluded when we talk about securing our financial futures. Everyone believes they have TIME to do certain things, such as getting a legal Will drawn up. Oftentimes, this age group simply has not been educated on the...
End-of-Year Financial Checklist
As the year winds down, it's the perfect time to reflect on your financial progress and lay the groundwork for the year ahead. An end-of-year financial checklist can be incredibly helpful for organizing your finances, identifying areas for improvement, and setting...
Business Owners: How to File Your BOI For Free
Important Update: As per usual the government has a right hand, left hand problem and are battling it out in court about this issue. On December 3rd, this required BOI filing was ruled unconstitutional by a U.S. District Court in Texas. You can choose to voluntarily...
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