Currently in the U.S.A we are in a low interest rate environment. This is very advantageous for the American consumer overall, with just a few disadvantages. A few of these advantages and disadvantages will be explained in the next few paragraphs. What do low interest rates mean for consumers? Low Mortgage Rates Mortgage rates continue [...]
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Week One of Dave Ramsey’s Financial Peace University focuses on one of the most important things you can do to improve your financial health – saving. Saving is important because it forces you to spend less than you earn and change your financial habits in a positive way. Saving also gives you resources to fall [...]
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My wife and I are still shopping for a family car, having spent the week test driving a few vehicles. We narrowed down our choices to two vehicle makes/models. We have a preference of the two, but of course the one we prefer is the more expensive vehicle! We plan on looking at a few [...]
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If you are looking for a new cash back credit card, then the Citi® Diamond Preferred® Card is a solid option. Not only does it offer a great rewards program, but it is also useful for people who want to transfer credit card balances or get a credit card with a 0% introductory rate. The [...]
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Have you considered how much life insurance you need? This is a simple question without a one-size-fits-all answer. Before trying to answer that question, first consider why you need life insurance in the first place. Life insurance is there to replace your income if you die. It is there as a financial benefit for your [...]
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The other day I wrote about Dave Ramsey’s Debt Snowball, a method for quickly and effectively paying off your debt. The concept is fairly simple: list your balances from lowest to highest and pay minimums on each bill except for the lowest bill, to which you will send as much extra cash as possible each [...]
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My wife and I are selling one of our cars so we can buy a family car. We decided against trading in our car because we think we can get a better price for our car and don’t think we will have much trouble selling it because it is a popular model (Honda Accord) and [...]
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