The Beginners Guide to Creating a Budget

Making a budget is one of the most important parts of establishing financial stability. By outlining your monthly expenses and income, you can have a better idea of when and where you are spending your money. Without a budget, it is easy to turn a blind eye to how your money is being used. Since […]
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Will Debt Consolidation Help or Hurt Your Credit?

Lowering your total debt through consolidation is one of the best ways to achieve the goal of being debt-free. However, when you are looking to consolidate your debt, it is important to review your options so that you don’t end up hurting your credit rating in the process. Credit ratings can be difficult to raise […]
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Understanding Bankruptcy: Secured, Priority, and Unsecured Debt

Filing for bankruptcy is a big move that can be potentially life-changing if you don’t prepare accordingly. Having all of the financial documents ready for your case is an important step in successfully filing for bankruptcy if you hope to reduce your debt. You will need to provide information on the type of debt you […]
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How Credit Scores Are Calculated

When you’re applying for a loan, credit card, or mortgage, one of the first things your lender will check is your FICO credit score. This three-digit score is a factor in almost all types of financial considerations. It can mean the difference between a low-interest payment and a payment that’s far beyond your budget or, […]
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5 Myths About IRS Audits

Tax season can trigger all sorts of questions for many small business owners. Words like deductions, gross income, and exemptions can be daunting, but no term strikes as much anxiety as the word “audit.” An IRS Audit is a formal review of a business or individual’s bank accounts, assets, and financial documentation to report profits […]
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What You Should Know About the New Child Tax Credit

The COVID-19 pandemic has created extreme financial strain for many American families, and the recently passed American Rescue Plan includes several measures aimed at easing this burden for average American families. One of the most important changes you should understand for the purposes of filing your 2021 tax returns next year is the change to […]
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5 Common Types of Unsecured Debt

There are many different types of debt and it’s not uncommon to have any one of them. There are two general categories of debt — secured debts and unsecured debts. “Secured” debt refers to debt that is secured by collateral or physical assets, such as a car loan or mortgage. “Unsecured” debt means that the […]
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Consolidating Debt With Installment Loans

College students often have debt long after they have graduated. College loans cover tuition, room and board, books, supplies, and more. But, they can take years to repay. Another type of debt that can last a long time is credit card debt. If you’ve opened too many accounts over the years, or have not been […]
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How to Plan a Baby Shower When You’re on a Budget

Hosting a baby shower is exciting but it can also be stressful. The prospect of paying for a shower can be overwhelming. However, it doesn’t have to be stressful planning an elegant and enjoyable baby shower on a budget is definitely doable. Here are some top tips on hosting a baby shower that fits your […]
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