One of the great pieces of American mythology is that the rich somehow have some special ability that the rest of us don't have. Are they smarter than we are? Are they more clever, or do they just have unbelievable luck?
For better or worse, debt happens. However, when debt becomes overwhelming, it may be time to consider debt consolidation. I'm sure you've turned on the television, or surfed the web, and seen countless ads for debt consolidation loans from hundreds of lenders. Debt consolidation can give you piece of mind and get you back on the right financial track.
Is it better to lease a car or buy a car? It really depends on the specifics of each individual situation and well worth the time to consider both. Take the time to do your research and to think through all of the options that are best suited for you. We’ve put together some information to help you better understand the difference between buying and leasing a vehicle.
Recently, we had a member who received a debt consolidation offer in the mail. She was preapproved for a $90,500 signature loan at a rate of 3.87% to consolidate high interest credit card debt. Understandably, she was concerned that she received this mailing and more so, a preapproval for a loan she didn’t want or more importantly, need.
We are living in a world that is completely password driven. A world where a mix of letters, numbers, and special characters makes a huge difference in whether you can access personal information, communicate with your friends or make purchases online.
When we teach our children to have a solid understanding of money, we’re setting them up for financial success as teens and adults. One of the best ways to start is by teaching them the three key financial concepts they’ll need to understand and adhere to in order to make good financial decisions later in life.