5 Reasons Dave Ramsey Is Totally Wrong About Credit Scores

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…

Student Loan Administrative Forbearance Extends Until October

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…

I Paid Off $12K Debt in 12 Weeks. Here’s Exactly What I Did

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…

How to Avoid a Prepayment Penalty When Paying Off a Loan

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…

How to Avoid the Trap of Guilt Giving This Holiday Season

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…

Lending Money to Family: Questions to Ask Before Cutting a Check

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…

What You Should Do as These 8 Coronavirus Relief Programs End

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…