American consumers are awash in debt. According to a recent report by the Federal Reserve, we collectively owe $4.1 trillion in consumer debt, including over $1 trillion in credit card or revolving debt. Are you stressed—both mentally and financially—about your share of this credit card debt? Then it’s time to take action and heed these […]
All parents want a happy future for their children, yet not enough moms and dads teach their kids about financial literacy, a key component of happiness. Educate your kids about money management and it can change their lives for the better.
Prosper is excited to announce the launch of the Prosper Invest mobile app. Available on both iOS and Android, the app lets Prosper’s individual investors now manage their account from their mobile device – from adjusting their investment portfolio, to transferring and allocating funds, to checking their returns. The Prosper Invest mobile app can be […]
Did you get an unwanted surprise recently when your credit score dropped? Before you panic over an unexpected decrease, understand that everyone’s credit score fluctuates based on several factors, most of which have relatively easy fixes. Credit Score Drop Reason #1: Were you recently late on a payment or miss a payment altogether? Of the […]
Summer is here and vacations are calling. Whether you’re dreaming of an exotic trip or a weekend getaway, it can get pricey fast. Wondering if you can afford a summer vacation, and if so, what’s the best way to pay for it? Estimate the Cost and Adjust As Necessary Last summer, Bankrate estimated a vacation […]
“I’ve lived most of my life paycheck-to-paycheck, always fearful of some catastrophic expense. Debt had become so normalized that I didn’t even blink as I took on more and more. I had my share of credit cards and paid more than the minimums, but never really made headway toward paying them off. As time has […]