Sometimes, you need to take a big leap of faith and a whole lot of risk if you want to improve your life. This includes going back to school, starting a business, quitting your job, changing career, and so much more. It’s all about how you handle your money. There…

When you are just starting out on setting and subsequently balancing your financial goals, it is easy and natural to feel overwhelmed and lost. In situations like these, start by asking yourself this question: What does success mean to you? For some people, success is but a luxurious lifestyle which…

One of the primary reasons why students don’t work towards building a credit score is low exposure to matters regarding credit. Young students are generally unaware that a massive student loan could destroy their credit score, which could take years to recover from. Increasing credit usage among college-going students has…

Before you take a loan or credit card, lenders need to know how likely you are to pay back the money. Will you be late in giving monthly payments, default every time, or are you likely to even go bankrupt? This is why there is a credit score system in…

Taking a personal loan won’t mar your credit score or credit rating by itself, but it can adversely affect the overall score. This can make it tough to get a new line of credit such as loans and credit cards. …

In case you are wondering how to save money beyond the basic steps, this article is what you should read. Check your budget: Maybe you needed to have a strict budget to pay off a toxic debt. But now, with that over with, you can switch over to a 50/30/20…

Payment history is the most important determinant of your credit score. A late payment carries almost 35% of weightage, and a single failed or missed payment can drastically bring down your credit score. …

When you are already in debt and looking to repay it with another loan, you need to be very careful so that you don’t plummet into the vicious cycle of more and more debt. Personal loans and balance transfer cards might seem appealing, but they can be beguiling too. However…

Each human being toils hard every day to earn money. Apart from meeting the basic needs for sustenance, we earn money for our future. To ensure that we appropriately channelize our savings towards certain purposes, we must set some short-term and some long-term financial goals. The terms are quite self-explanatory: the…