Plenty of people have budget shortfalls from time to time, especially right before, or during, the holidays. Figuring out how to handle it can be different, depending on each person’s situation.
Getting a Loan with Bad Credit
Many people need to get a loan now and then for lots of different reasons. It could be to help out in a financial emergency. Or, maybe it’s simply to try and turn your finances around.
How to Negotiate a Great Car Loan
Negotiating a car loan can be a daunting experience, even for the most confident people amongst us. As soon as we go head-to-head with a negotiating specialist who deals with people on a daily basis trying to haggle for the best rate possible, all of our bluff and bravado goes to water. Let’s face it, […]
Should You Pay Off Your Student Loans Early?
You’ve likely seen the news: “Recent grad Bob pays off $100,000 in student loan debt in 2 years!” or “Susie destroys $80,000 in graduate school debt in 7 months!” All of a sudden, it seems rather normal for people to be devoting large sums of discretionary money to pay off their student loans. While it’s […]
Should You Refinance Your Student Loans?
Graduating with student loan debt, no matter how much or little you owe, can be tough. After graduation day, you may get a 6 month grace period before you have to repay your student loans and, in that time, you have to find a job, a place to live and figure out your loan repayment […]
Should I Cash Out Refi To Pay For My Wife’s Student Loans?
For those who weren’t aware, going to medical school can be pretty expensive. Our current debt load from just under a year and a half of schooling now sits at $65,000. We’re actually lucky to ‘only owe’ that much too since there are private schools that are much more expensive than the public school my […]
6 Ways to Pay Less for Grad School
The idea behind graduate school is to earn a higher degree and improve your career path. It’s common knowledge that professionals with a master’s degree tend to make a higher income than people with an undergraduate degree or a high school diploma. The challenge in going to grad school, however, is getting the money together […]
Is a Bi-Weekly Mortgage Payment a Good Idea?
“What if we told you that you could be mortgage free years sooner? That’s what The BiWeekly Advantage Plan® offers homeowners like you!” That was the opening line of an e-mail I received last week from Citi Mortgage. I’d heard of a bi-weekly payment plan before but never been offered one by my mortgage provider. […]
ARM vs Fixed Mortgage
As you know, I’m a big proponent of buying real estate right now. And after you’ve secured your property, one of the first things to consider is what type of mortgage you should get. There are all different types of loans and terms you can get, but fixed mortgages, followed by Adjustable Rate Mortgages(ARM), are […]
Reader Question: Should I pay off my student loan or car loan first?
Reader Alberto writes in: “I was wondering about what to pay off first. I have an $11,000 car loan at 3.25% with 5 years left and $20,000 in student loans at 6% with 10 years left. What should I pay off first and how much? I have a $10,000 emergency fund and my mom just […]