It’s no secret that home renovations can take a lot of time and money, but a home renovation doesn’t just make the home nicer — it can also boost its value, making it a worthwhile investment.
The Federal Reserve (Fed) recently announced a 0.25% increase in its benchmark interest rate to a new range of 1.75% to 2%, the seventh such hike in more than two years. After holding interest rates close to zero for several years following the last downturn, the Fed is now raising rates as the U.S. economy gets stronger.
While it’s easy to see how savings are an important part of financial well-being, it can be tricky to figure out exactly how much to save in each phase of your life. So, we’re breaking it down and providing practical guidelines to help you nail the numbers for your 30s, 40s and 50s.
Managing debt can be stressful. What if there was a solution that could help you simplify your life? For some people, debt consolidation is an ideal option. Debt consolidation can give you more time to repay your debts, help you save money and streamline your bill-paying process.
Having better control of your day-to-day and month-to-month finances means you’re better able to absorb bumps in the road, make progress toward your financial goals and, ultimately, have the financial freedom to make choices to enjoy life. We all make mistakes on the path to achieving financial well-being — but the good news is, it’s not too late to fix many of these slip-ups.
Credit cards are convenient and popular—76% of Americans have at least one—but have you ever stopped to consider how much your credit cards really cost? Your credit cards might be a more expensive way to borrow money than you realize, putting you on a path toward overwhelming debt and a declining credit score. The answer to how much credit cards truly cost depends on two main costs: fees and interest.