Paying off your mortgage is a great achievement, and it also frees you from the largest monthly expenses you will ever have to face. One couple in their 50s has an opportunity to make additional mortgage payments so they can get out of debt early, but they’re also thinking about putting the extra money into…
When juggling the responsibilities of life as a single parent, it can be easy to slide into debt. Sarah, for example, recently turned 50, is a single parent of two and has $80,000 in debt total. She owes $55,000 on her credit cards and an additional $25,000 that she missed paying on taxes, not including…
According to Dave Ramsey’s State of Personal Finance report, 56% of Americans worry about their financial situation every day, including many people earning over $100,000. While it might sound surprising, it’s possible to struggle and have little wealth even if you make a decent salary, control your expenses and don’t rack up credit card debt….
Becoming a homeowner is still a big part of the American dream for many people living in the United States. And while getting the best interest rate possible on your mortgage is dependent on factors such as having an excellent credit score, your income also plays a meaningful role in your ability to qualify for…