Getting a mortgage for an investment property can be headache. Your best bet is to be prepared before you even start down that path. Make sure you have enough cash reserves to make your lender happy, as well an impressive credit score.
Guest author David Bakke shares his insights on money management, smart shopping, and getting out of debt on Money Crashers, one of the top ranked personal finance blogs. In this day and age, people are constantly upgrading just about every appliance, device, and gadget they own. Therefore, it’s not surprising that many people feel the […]
The majority of the financial services industry pays little attention to young people. For example, unless you’re sitting on a seven-figure trust fund, the best financial advisors probably won’t return your calls. (And you should be wary of those who do, especially if they’re hawking life insurance policies to you when you’re 24, single, and […]
This guest post is from Kimberly Palmer, author of the new book Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back. She’s also the personal finance columnist at US News & World Report. Looking for some worthy splurges to help you ring in the New Year? Consider these investments in your career […]
There is a lot to consider when shopping for health insurance. How much you see the doctor, what types of medications you are on, if your favorite doctor is covered under your new plan, it all comes into play when choosing health insurance. Here we go over what you will need to think about and where you can get more information when buying health insurance.
Editor’s Note: The following is an excerpt from The New Job Security, Revised: The 5 Best Strategies for Taking Control of Your Career by Pam Lassiter, a career management consultant with over 30 years of experience. Ms. Lassiter’s advice is on the money and should prove invaluable for young professionals looking to fast-track their careers. […]
This is a guest post from Kevin, who blogs at 20smoney.com. Personal finance is pretty common-sense stuff if you think about it. Yet, the majority of the public fails to implement this common sense into their daily lives. For instance, I believe the cardinal sin of personal finance is borrowing money to pay for a […]
Have a student loan, home loan, or personal loan? Have you ever wondered exactly how your lender calculated your monthly payment on the day you accepted the money? Sure, there are interest calculators and other available resources online to help you figure out just how much you will be paying back at the end of […]
When you think of gold, what comes to mind? Eighteen-karat gold jewelry? Gold bricks stacked high in a vault? Sacks of gold coins used for bartering or paying tax collectors in Robin Hood’s days? Or a sensible part of a modern investor’s asset allocation strategy? Although global economies do not depend upon gold in the […]
The younger we are the more we tend to think that we are invincible and do not need health insurance. Cancer, broken bones, and weird illnesses with names that we can’t pronounce are all things that happen to other people and never to us—right? Wrong!