How Your Credit Report Impacts Your Credit Score

Many consumers find the credit industry a little confusing. You have a credit report and a credit score, and it isn’t always clear which is which and how each item impacts you. As you move forward trying to improve your financial situation, it’s important to understand the relationship between your credit report and your credit […]

Which Insurance Policies Should You Have?

It can be hard sometimes to feel good about paying insurance premiums. After all, it can feel like you’re throwing money away, especially if you don’t make any claims. The reality, though, is that insurance is about risk management. While you might not like making the premium payments, the truth is that you might be […]

5 Life Changes that Dramatically Impact Your Taxes

As you consider your finances and prepare to file your taxes, you need to think about whether or not you are subject to life changes in recent months. There are some life changes that can dramatically impact your taxes, and you need to be ready for that. 1. Divorce If you have been filing your […]

5 Strategies for Handling a Stock Market Drop

At the time of writing this, the stock market is losing ground. The Dow Jones Industrial Average is down more than 500 points, and the NASDAQ and S&P 500 are also struggling quite a bit. Global stocks are faring just as poorly, with indexes around the world dropping dramatically. During times like these, it’s tempting […]

5 Strategies for Demolishing Your Debt in the Coming Year

When it comes to New Year resolutions, paying down debt — along with other financial goals — is often on the radar. Chances are that you’ve had the idea to use demolishing your debt as one of your own New Year resolutions at some point in the past. However, actually following through can be difficult, […]

How to Perform a Year-End Evaluation of Your Finances

Now that the year is almost over, it’s a good time to look back on your finances and see how you’ve done. Understanding where you’re at, and where you want to go next, can help you make better decisions about the future. As you close out this year and prepare for another year, here’s how […]

Should Credit Decisions Include Non-Credit Payment Transactions?

One of the biggest bones of contention in recent years has been the way credit scores are figured. A number of factors go into your credit score, most of them based on the way you handle your debt. However, as your credit history becomes increasingly important for financial transactions that don’t include borrowing, some people […]

Using a New Credit Card? What You Need to Know About EMV Chips

If your credit card issuer has sent you a new card recently, you might have noticed an addition: a little computer chip on the front surface. This computer chip is called an EMV chip, and it represents a technical standard being widely adopted in the wake of data breaches and the growth of fraudulent purchases. […]

Want to Protect Your Identity? Stop using Checks

I’ve been a little frustrated since moving to Pennsylvania because I still need my checkbook in some cases. While it’s inconvenient to use a check most of the time, I started thinking about some of the other issues that come with using a checkbook. One of the problems with using checks is that they are […]

Are Long-Term CDs Really a Good Idea?

It’s been a rough several years for savers. Thanks to efforts to stimulate the economy and keep the money flowing through the system, interest rates have been low, and that means lower yields on cash products, like savings accounts and CDs. There are hopes that there is a light at the end of the tunnel, […]