Hey there, fam! If you’re staring down a mountain of $30000 in debt and feelin’ like it’s gonna bury you, I’m here to tell ya—you got this. I’ve been in them trenches, sweatin’ over credit card bills that just wouldn’t quit and I clawed my way out. So, if you’re askin’, “How can I pay … Read more
Many of us would like to leave behind something to our heirs. But first, we need to fund our own lives in retirement, and that can sometimes seem nearly impossible. This article explores average inheritance numbers. Do you expect to be above or below average?. Hey there, fam! If you’ve ever wondered, “What’s the average … Read more
Debt-to-income (DTI) ratio compares your recurring monthly debt payments against your monthly gross income, expressed as a percentage. Hey there, fam! If you’re wondering, “Is a 30% DTI good?” let me hit ya with the quick answer right off the bat Hell yeah, it’s darn good! A 30% Debt-to-Income (DTI) ratio means you’re in a … 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, family! If you’re wondering if putting extra money toward paying off your mortgage is saving money, you’ve come to the right place. I’ll tell you the truth: it does kind of count as savings, but there’s a catch (isn’t there always one?) Paying off your mortgage, especially the principal, raises your net worth by … Read more
Theres not a one-size-fits-all solution for the number of credit cards a person should own. However, its generally a good idea to have two or three active credit card accounts, in addition to other types of credit such as student loans, an auto loan or a mortgage. Just remember: The number of credit cards you … Read more
Credit Karma promises to provide you with your credit score and credit report for free. But is it giving you the same information that a lender will access if youre applying for a mortgage or a car loan? And for that matter, is it giving you anything that you cant get elsewhere?. To answer those … Read more
This content may include information about products, features, and/or services that SoFi does not provide and is intended to be educational in nature. Your credit card closing date marks the end of your billing cycle, which determines how much you’ll owe when your credit card payment comes due. On the other hand, you need to … Read more
You can keep your Social Security number safe by leaving your Social Security card at home, not broadly sharing your SSN and shredding documents that show your Social Security number. Your nine-digit Social Security number (SSN) can be key to securing a job, applying for credit and opening a bank account. Unfortunately, its also a … Read more
You may be able to save time and money with the debt avalanche method. This means paying off your debt with the highest interest rate first. 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 … Read more