Dave Ramsey doesn’t need a stimulus check. He has an estimated net worth of at least $200 million. He doesn’t think you need one either. Recently, the anti-debt crusader came under fire when he said he said he doesn’t believe…
Read More 5 Reasons Dave Ramsey Is Totally Wrong About Credit Scores
If you have federally held student loans, you’re getting a break on making payments — again. On his first day in office, President Joe Biden signed an executive order directing the Education Department to extend its freeze on interest rates…
Read More Student Loan Administrative Forbearance Extends Until October
My 2020 New Year’s resolution was to become debt-free. But we all know what happened next. COVID-19. Just to be clear, I’ve been lucky during the pandemic. I’ve kept my job. I haven’t gotten sick. I haven’t lost income. I…
Read More I Paid Off $12K Debt in 12 Weeks. Here’s Exactly What I Did
Look at you, so responsible. You received a financial windfall — stimulus check, tax refund, work bonus, inheritance, whatever — and you’re using it to pay off one of your debts years ahead of schedule. Good for you! Except… make…
Read More How to Avoid a Prepayment Penalty When Paying Off a Loan
The last thing anyone wants to do right now is reflect on this year. It was dreadful. Let’s move on. Before you do, though, it’s a good idea to take stock of how your finances may have changed during the…
Read More 5 Unwelcome Financial Surprises to Watch Out for in 2021
Hey 2020, don’t let the door hit you on the way out. There are plenty of reasons this year in particular — a lost job, illness or sheer boredom — could have left you racking up expenses. Let the promise…
Read More What You Can Do About Credit Card Debt Before 2021
Someday we’ll look back on 2020… and be glad it’s over. But there’s one memory you don’t need: Credit card bills reminding you that you overspent on the holidays to compensate for a lousy year. You aren’t alone — as…
People give gifts for various reasons, including marking an occasion or event or showing love, thoughtfulness and caring. This year, there may be another reason behind a lot of gift giving: guilt. The NPD Group’s annual holiday survey, conducted in…
Read More How to Avoid the Trap of Guilt Giving This Holiday Season
Often, the bank of family and friends is the place many people turn to when they need money. It is difficult and often demoralizing to ask family for financial help — and asking for or lending money can often lead…
Read More Lending Money to Family: Questions to Ask Before Cutting a Check
For many of us, the end of 2020 can’t come soon enough. But if you’re among the millions of people who’ve leaned on pandemic relief programs to stave off an economic hardship, you might be eying the end of the…
Read More What You Should Do as These 8 Coronavirus Relief Programs End
