If you think you’re immune to damage from a collection account on your credit report because you pay your bills on time, think again. Medical bills that you don’t know about could be hurting your credit—and the odds are not in your favor. In fact, the Consumer Financial Protection Bureau reports that […]

The practice of spreading money among different investments to reduce risk is known as diversification. By picking the right group of investments, you may be able to limit your losses and reduce the fluctuations of investment returns without sacrificing too much potential gain. In addition, asset allocation is important because […]

Student loans are available for undergraduate and graduate students alike. They are based on need, of which income is only one component. Students’ loans are issued by the government. Although, private loans are also available. The amount issued to a student will depend on the student’s financial situation. The final […]

The Federal Employees Retirement System, or FERS, offers a secure three-legged retirement-planning stool for civilian employees who meet certain service requirements: A basic defined benefit plan Social Security The Thrift Savings Plan, or TSP Only two of these are portable if you leave government work – Social Security and TSP, the latter […]

A trillion dollars. That’s a massive number. To put this figure into perspective, it’s larger than the gross domestic product of 175 countries. No company in the Fortune 500 produces even half that much in annual revenue. The franchises in all four major American pro sports are worth barely 10 percent of a trillion dollars, […]

If you have a credit card, chances are you will run into problems. This is assuming you haven’t already done so. It can be frustrating when they happen, and this article will help you. We will go over the top seven common credit card problems people have or have had. We […]

Amazon (NASDAQ: AMZN) Amazon (AMZN) is one of the best-performing stocks of all-time, and one of my personal favorites. Not only because I’ve made a ton of money from it, but also because I see the company as very well-positioned for growth in the future. With Amazon’s stock price around […]

Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals. Here are some powerful reasons why financial planning – with the help of an expert financial advisor – will get you where you want to be. Income: It’s possible to manage […]

Banks and credit unions are the most common sources of personal loans. Both have positives and negatives, and it’s up to the borrower to decide which option is best. It’s important to know the difference between a bank and a credit union. Both banks and credit unions are publicly chartered, […]

For you and many students like you, graduation from college does not come with a job. It can come with a pile of student loan debt. The average borrower in the college class of 2017 is expected to carry more than $38,000 in student loan debt, which may be accompanied […]