What is rapid rescoring?

Sometimes, credit reports contain errors serious enough to cause consumers to be denied credit, a loan, an apartment or home loan or even a job.  Fortunately, the Fair Credit Reporting Act (FCRA)... Read more »

Get schooled in financial education

The lack of financial literacy in the country is no surprise. However, the extent to which people are unaware of common financial terms is something I find shocking. During a conversation with my... Read more »

Should I buy a house because the rates are so low?

Home values have plummeted across the country.  Mortgage interest rates continue to hover between 4 and 5%, a historical low.  Both seem to suggest it’s a good time to buy a house. ... Read more »

Pack smart to save money

I’ve always been envious of people who have the ability to “travel light.” Even the mere thought of packing light is so unfathomable to me that it’s almost humorous. And – I’ll... Read more »

Poll shows most do not have money available for unplanned expenses

The National Foundation for Credit Counseling’s (NFCC) July online poll revealed that 64 percent of Americans would utilize a source other than their savings account to satisfy a $1,000 unplanned expense. The largest... Read more »

How to step down your spending

Most people know that they would/should/could reduce their spending.  However, people are discouraged by this idea because they think of it as an "all or nothing" strategy.  But in reality, there is... Read more »

College Degree: A good investment or a waste of money?

According to a study by The Pew Research Center, 75 percent of Americans think college is no longer affordable.  Over the past 25 years, tuition costs have increased more than 400 percent;... Read more »

Freshman 15: Easy ways to put your food fund on a diet

When it comes to food, college students have a lot more to worry about than simply gaining the dreaded "freshman 15".   The cost of going out to eat with friends, ordering late-night pizza,... Read more »

Train to be a Certified Money Management Volunteer

Do you have a passion for personal finance? Do you enjoy teaching others? Do all your friends and family members come to you for financial advice? Do you know a group of... Read more »

Is your computer sabotaging your financial goals?

Setting financial goals is one of the first and most important tasks in creating a sound financial plan. A good first step is to write down your financial goals in a clear,... Read more »