Introduction Shopping around is a term that any student of personal finance must have read or heard at one time or the other. It means that before you make any purchase, you should consider and evaluate different deals, offers, and Read more…
Should you buy Adjustable Rate Mortgages (ARM)? Before the economic crisis that started in 2008, ARMs were an important part of the mortgage industry. In the United States, they constituted 49.7% of all mortgage deals. However, by 2009, they were Read more…
Introduction The decision to buy or rent a house is one of the decisions that every adult will have to make at one point or the other. It is one of those decisions that tend to involve more factors than Read more…
Making More Money is Never Enough For many people, the solution to their financial problems or inadequacies is very simple – make more money. They believe that the only financial planning that matters is increasing their income either by getting Read more…
What is a Credit Score, and why is it important? A credit score is a three-digit number that lenders use to measure the creditworthiness of an individual. The credit score is an important component of your financial life that considers Read more…
The concept of emergency funds or reserve funds is a common one in the world of personal finance. The importance of such funds cannot be over-emphasized for every individual who takes their finances seriously. Vanguard.com defines emergency fund as “a Read more…
The topic of debt is one of the important topics in personal finance. It is a topic we cannot avoid because it affects a lot of people. On one side are people who have wrecked their finances by taking on Read more…
Should You Pick Your Stocks or Buy Mutual Funds? One of the common questions beginner investors ask is if they should pick their stocks or buy shares in a mutual fund. Mutual Funds are companies that pull together money from Read more…
The inversion of the yield curve in August 2019 was the source of a major panic all over the world. The feeling of “we have been here before” caused a lot of unrest individuals, businesses, and finance experts. A month Read more…
The concept of financial independence is now a big issue in the world of personal finance. Financial independence has become an important goal that many people are looking forward to achieve. We can identify several factors to this seeming renewed Read more…