Refinancing can be beneficial if everything lines up in your favor. What can you get out of it? The list is long and exciting for someone stuck with loan payments that they aren’t happy with. Lower Interest Rate One of the most powerful outcomes of refinancing a loan is a lower interest rate.
If you're considering going to college, you have nothing to lose by applying for federal student aid. The Free Application for Federal Student Aid (FAFSA) isn’t necessarily a student loan, but an application for financial aid made up of scholarships and grants that the government awards to students based on their needs.
During challenging times, there are plenty of things everyone can do to help boost the economy. Since most of the conversation about the economy tends to focus on what governments or big businesses can do to help, it can be easy to feel like you have no way to help your community. While
One of the many mysteries of college, especially freshman year, is what being there is actually going to cost you. Sure, you know there’s tuition. If you’re living in a dorm, there’s room and board. Those bills arrive before you ever set foot on campus. But how much will you need to make it
Having a will to allocate your estate after you die is essential, so make sure it's done formally and legally. Where there's a will, there's a way to make your wishes known. A will is a legal document that transfers your property after you die, and names the people who will settle your estate,
The best way to prevent fraud is to stay informed, aware, and on top of your finances. The nature of fraud is to deceive, so it's often difficult to recognize when you've gotten involved in a fraudulent situation. Unfortunately, getting out of the resulting mess can be made more difficult by the false, missing,
Your health can be unpredictable, and no one knows when health problems could befall them. Learning how to navigate health insurance will help you protect yourself in the future. There is no way to predict what will happen; you may lead a lucky life without serious illness or accidents. But there is always
When it comes to talking with a spouse or partner about money, many people shy away. It can be scary—but it doesn’t have to be. Positive and frequent communication is key. Talk Often A great way to reduce the stress of talking about money is to discuss things frequently with your partner. Don’t
One of the most effective tools for preventing a large-scale financial disaster is an emergency fund, an amount of money that is set aside to cover unexpected expenses, or to keep you afloat if no regular income is coming in. Even if you have a great handle on your finances, unexpected challenges can
Coach: Filling Out the FAFSA HOW IT WORKS Every year, billions of dollars are left in unclaimed federal aid funds. This means that thousands of eligible students aren't filling out and submitting the Free Application for Federal Student Aid, or FAFSA. It may seem intimidating, but the FAFSA is the best way to reduce the ever-rising costs
You’ll have the answers you need down the road if you ask the right questions now. The idea of retiring isn't new. People who grew too old or too ill stopped working and stayed home long before pensions and Social Security. But as people live longer, the retirement experience takes on a different
Illness can befall anyone, but if you have a plan in place for those circumstances, you can rest easier. Serious sickness can strike both suddenly and unexpectedly. And its effects can be devastating to your emotional health, your financial resources, and your long-term plans. But if you're prepared, it's possible to weather an illness.