Personal Finances

Calculating interest each month is an essential skill. Interest rates are often expressed as an annual percentage yield (APY), although it can also be expressed as an annual percentage rate (APR). Still, it doesn’t hurt to really know how many dollars and cents you are dealing with, and that gives you the ability to budget […]

Amid high inflation, citizens are paying more for housing, food, transportation and other items. Many consumers are worried about facing more economic challenges, and part of preparing their finances for a recession is building up savings. Saving money is not easy, but it’s not impossible. From big steps, such as refinancing your mortgage, to small

It is not necessarily how much you earn to know if you are exempt from paying taxes in the United States of America, there are also certain exceptions that you should keep in mind in order to know if you belong to the list of beneficiaries of zero balance, as far as taxes are concerned.

Saving for a down payment is often the biggest hurdle for first-time homebuyers. The good news is that you don’t need to put 20% down to buy a home. In fact, you may be able to buy a home with no down payment if you have served in the military, are a rural homebuyer, are

Checking your credit score is a valuable way to learn more about your financial health and can provide useful information about whether you’re likely to qualify for a loan or credit card. We’ll walk you through some of the easiest ways to check your credit score, as well as the top reasons to monitor your

Achieving the American dream is the goal of all the own and strangers who live in the land of opportunities, but the progress and economic advancement of the country depends largely on the contribution that is retained from all those who make life in this North American country. Undoubtedly, taxes are something that anyone who

Choosing an investment account is not something to take lightly. One wrong decision can wipe out your savings and cause you major headaches come tax season. To help you avoid this, let’s take an in-depth look at the most common types of investment accounts in the United States and the scenarios for which they are

Abstracts: FICO scores are used by some lenders to help determine your likelihood of paying bills on time. FICO has many different scoring models FICO scores are calculated using information from your credit reports. Fair Isaac Corporation created FICO scores. There are many different versions of FICO scores based on different scoring models. FICO scores

The consequences of not paying a credit card can vary by card issuer. But in general, if you don’t pay your credit card bills, your credit score will take a hit, you’ll have to pay things like late fees and higher penalty interest rates, and your account could be closed. However, responsible parties do not