Financial Fundamentals Blog

4 Ways To Pay Off Credit Card Debt

  • 7 17 Staff
Credit card debt has become a massive problem for many American households. The market for credit cards has become very competitive, so it’s easy for consumers to qualify for new credit cards. As a result, many families find themselves struggling to pay off credit card debt.

What Is A Good Credit Score?

  • 7 17 Staff
Your credit score is an important financial asset and can affect many of your financial decisions, such as if you get approved for an auto loan, mortgage, personal loan or credit card. However, you may be wondering, “What is a good credit score, and what exactly factors into my credit score?” We’re removing the mystery...

How to Apply for a Mortgage Loan in 6 Steps

  • 7 17 Staff
Deciding to buy your first home is an exciting prospect. You’ve dreamt about the number of bedrooms your family will need, the size of yard you want, and the other must-have features you can’t live without.

Should I Refinance My Auto Loan?

  • 7 17 Staff
The holidays end, and the bills come due. Even if you budget well, the first few months of a new year always feel tight — especially now, when groceries and other goods and services are more expensive because of inflation. When your budget feels crunched, looking for ways to save money and shore up your finances makes sense.

7 Ways to Prepare for Retirement

  • 7 17 Staff
It’s never too early to start preparing for retirement. In fact, the earlier you start saving and investing, the more money you’ll have saved when you retire!

Money Management: 5 Tips to Improve Your Finances

  • 7 17 Staff
An essential habit to cultivate as you move into adulthood — and to maintain throughout your adult years — is budgeting and making the most of your money. These habits are especially essential during financial periods such as inflation and recession. Considering the recent increase in prices for groceries and utilities, it’s...

Types of Mortgages for First-Time Homebuyers

  • 7 17 Staff
Planning for the purchase of your own home is an exciting step. You’re likely thinking about how many rooms you want, the perfect-sized yard for your family, and the must-haves you need in your home.

What To Do if Someone Tries To Steal Your Identity

  • 7 17 Staff
Identity theft is the use of another person’s name, address, or Social Security Number (SSN) for personal gain. According to Javelin Strategy and Research, approximately 15 million people had their identity stolen in 2021. However, only 1.4 million cases were reported to the U.S. Federal Trade Commission (FTC).

Will Debt Consolidation Help My Credit Score?

  • 7 17 Staff
Debt has reached record highs in 2022. This high debt balance includes student loans, personal loans and credit cards, leaving many adults in the U.S. searching for relief from the overwhelming amount of debt.

How Can You Manage Credit Card Debt When Inflation Is on the Rise?

  • 7 17 Staff
Many people are feeling the impacts of inflation. What once was a nice night out or a usual trip to the grocery store may now be a stressful experience because of rising prices, from eggs and frozen pizza to dinner at your usual restaurant. The stress created by rising prices is combined with the stress of balancing necessities...

How Do Student Loans Really Affect Your Credit Score?

  • 7 17 Staff
If you took out student loans for your college education, you may be wondering how student loans affect credit scores. Your credit score is one of your most important assets and impacts many things in your life, such as your ability to rent an apartment, purchase a house or car, or apply for a personal loan or credit card....

Are We in a Recession? 5 Tips to Secure Your Finances

  • 7 17 Staff
Everyone has experienced inflation recently, whether it’s the rising price of food at the grocery store, an uptick in the cost of utilities, or higher premiums for other goods and services. Because of rising inflation rates, many are worried that the economy is headed toward a recession.