Put simply, a money market is a kind of savings account, but with a few key differences from your traditional options. Money market accounts are designed to be a safe way to get a better dividend rate for people. However, these kinds of accounts generally require a higher minimum deposit. And just…
Not sure if you need a personal loan? Like lines of credit, personal loans can be used for any purpose, but do work best in certain situations. Struggling with student loan debt or credit card payments? Need to make a big purchase soon or fund an emergency now? Let's take a look at how a personal…
What's the Difference? If you're like some two-thirds of Americans who have little or no savings, you're going to need a personal loan or line of credit for cash for time-sensitive purchases or emergencies at some point. These are the two popular options for people who need unsecured funds quickly…
Student Loans, Resources, and Free Money Preparing for college is all about choices, be it filling in the circles on a standardized test or picking which school to attend. The most important choice, though, may be how to pay for college. Full scholarships are limited. They're usually reserved for…
Scholarships and Grants and Loans, Oh My! Just as Dorothy of Oz felt overwhelmed and lost as she set out to navigate her way through the haunted forest, you too may experience these same feelings as you go about the process of finding financial aid for college tuition. But don't worry just yet. The…
With the cost of college rising every year, students and their parents are searching for more ways to pay tuition and other college-related expenses. Some of the best sources of college funding are scholarships and grants, which usually do not have to be repaid. Students can begin applying for…
You've probably heard some of the startling student loan statistics out there. With a cumulative debt reaching trillions of dollars nationwide, you may even be one of the undergraduates struggling to pay back the cost of your college degree. Perhaps search Google for the current statistics – the…
Lessons From My Elders I won't always be young. I'm not jaded by the notion that I have a lot of years ahead of me, and many lessons to learn. But eventually, I won't be able to work the same 40 hours per week (plus the occasional side gig) to support my family and cover my health expenses. Not…
Small Steps, Long Term Results They told me it wasn't going to happen overnight – and they were right. While trying to dig out of my financial ditch, I looked for quick solutions everywhere. Cashing in retirement savings to keep my car on the road. Using credit cards to make loan payments. Borrowing…
