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Debt & Finance Blog

Good Credit vs Bad Credit: How to Tell The Difference

By Joey Johnston | January 19, 2017

Kenny Rogers is a singer, not a debt management adviser, but if you want financial security, take his famous words of poker wisdom: You’ve got to know when to hold…

How to Find the Best Mortgage for You

By Joey Johnston | January 11, 2017

Finding the right home loan – and a credible lender willing to offer it – isn’t easy. Since the Great Recession of 2008, mortgage interest rates have hovered near historic…

Social Security Increases Maximum Taxable Earnings for 2017

By Joey Johnston | January 11, 2017

The government just gave a raise to a lot of Americans who really need one. Now they just have to make sure Uncle Sam keeps his hands off the money.…

Retirement Account Changes in 2017

By Joey Johnston | December 21, 2016

After a year of political upheaval and economic uncertainty, it might come as a relief that 2017 holds few surprises for retirement savings. For the fourth year in a row,…

How to Live in a Big City and Not Go Broke

By Joey Johnston | December 7, 2016

Eddie Hall wanted to become an actor. So where did he go? Where else? After high school, he left his comfortable suburban Florida community and headed to New York City.…

Health Savings Accounts: Is a FSA Or an HSA Right for You?

By Joey Johnston | December 7, 2016

Saving for medical bills isn’t nearly as fun as putting money aside for a trip to Disney World or a new car, but having a nest egg ready for an…

When to Give Your Kids a Debit Card

By Joey Johnston | December 6, 2016

More than one-third of college students say managing a bank account is a major cause of stress. Also, 12% say they never check their bank account balance because it makes…

How to Save Money on Childcare Costs

By Joey Johnston | November 30, 2016

Sara Greenwood works at a bank. Her husband travels frequently for his job. Their parents live in different states. The couple has two boys, ages 2 and 4. So how…

Generation X Has the Most Credit Card Debt

By Joey Johnston | November 29, 2016

Gen Xers, the most neglected generational group in America, lugs around the most credit card debt. If you’re involved in the struggle, here’s a quick list of excuses: It’s Richard…

Should You Pay Off Your Mortgage Early: Pros, Cons & Early Pay-Off Tips

By Joey Johnston | November 14, 2016

Paying off a home is a large part of the American dream — if any of us ever actually get there — so let’s imagine the scene. The last payment…

Sources:

  1. McCarthy, B., Mills, K. (2014 July 22). The State of Small Business Lending: Credit Access during the Recovery and how Technology May Change the Game. Retrieved from http://www.hbs.edu/faculty/Publication%20Files/15-004_09b1bf8b-eb2a-4e63-9c4e-0374f770856f.pdf
  2. Urah, S., Plunkett, T. (2015, January) The Precarious State of  Family Balance Sheets. Retrieved from http://www.pewtrusts.org/~/media/assets/2015/01/fsm_balance_sheet_report.pdf%E2%80%99
  3. NA (2015, August 20). Zillow: Average First-Time Homebuyer 33 Years of Age. Retrieved from http://nationalmortgageprofessional.com/news/55433/zillow-average-first-time-homebuyer-33-years-age