Some spouses keep their finances separate and under wraps, but other spouses are entirely transparent about their financial situations. In fact, some partners know so much about their spouses’ financial data that they could open credit cards in their spouses’ names. However, is it legal to open a credit card under a spouse’s name?. Marriage … Read more
Interested in buying a house without your spouse? Doing so could mean a couple of different things: Both of these scenarios are possible, depending on where you live. Let’s look at why you’d buy a house without your spouse, and how it might affect your mortgage. Hey there folks! So, you’re wondering can I buy … Read more
Hey there, friend! If you’re wondering, “Can I pay off my house in 10 years?” then let me tell you right away that many of us can do it! It won’t be easy, but with some determination, smart moves, and a solid plan, you could be living in a paid-off crib a lot sooner than … Read more
Nearly a quarter (22%) of Americans have a FICO Score of 800 or higher, which the credit scoring company describes as exceptional. “Exceptional. According to how someone feels, the word could mean anything from a brand-new rookie card to being asked again to stay after class. Exceptional, on the other hand, refers to almost a … Read more
Whether youll see a score bump depends on the credit score model being used, but paying can help you in other ways, too. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action … Read more
If youâre working to rebuild credit, youâre not alone. Lots of people really want to improve their credit score because it can make it easier to get credit cards, mortgages, and car loans. The good news is that with planning and good habits, itâs possible to improve your scores. Hey there, friend! If your credit … Read more
A home is a big investment, but if you have a salary in the six-figure range you’re already off a pretty good start. As long as you have manageable debt, it’s a decent bet that you can find something that meets your needs. Income is just one factor that plays into your budget, but it’s … Read more
Buying a home comes with many new financial responsibilities, including property taxes and homeowners insurance. Escrow accounts are a way for your lender to help you manage these expenses by including them in your mortgage payment. You may use a different kind of escrow account to hold your earnest money deposit when you buy a … Read more
To get the Earned Income Tax Credit (EITC), you need to have earned income and meet certain adjusted gross income (AGI) and credit limits for the following, past, and present tax years. Earned income includes all the taxable income and wages you get from working for someone else, yourself or from a business or farm … Read more
Wondering if it’s cheaper to lease or buy a car? The answer depends on your priorities and factors such as how much you drive. In most cases, buying a car tends to be the cheaper option if you drive a lot and want to use the same car for the long term. However, leasing a … Read more