Mortgage rates have been very turbulent this year. The 30-year fixed rate started 2024 at around 6.625% and is currently not far from those levels. Despite this, rates were as low as 6% and as high as 7.50%. So there’s been a lot of diversity over the last 50 weeks. Rates rebounded last December after … Read more
Earth Image / Shutterstock.com When it comes to money, what seems like a sound decision often isn’t. Research by the Consumer Financial Protection Bureau shows that we tend to prioritize short-term gains over long-term benefits, a concept known as temporal inconsistency. To avoid costly mistakes, consider whether these seemingly smart financial moves might backfire.
Often when you apply for a mortgage you will be bombarded with offers from competing banks and lenders. The reason this happens is because the credit reporting agencies sell your information to these other companies. They are known as trigger tracks, which are triggered when you submit a loan application and your credit report is … Read more
Nestor Rezniak / Shutterstock.com President-elect Donald Trump made many promises to voters during the campaign, but it is unclear how many of those promises will cross the bureaucratic finish line. With the Republican Party holding a majority share in both chambers of Congress for the first time since 2019, Trump’s agenda may be better off … Read more
Tetiana KTV / Shutterstock.com Using a smart credit card can save money and boost financial health. By taking advantage of rewards, managing interest rates, and taking advantage of perks, you can use credit cards to your advantage instead of letting them drain your wallet. These five tips show you how to unlock hidden savings and … Read more
Art Family / Shutterstock.com Starting a business does not necessarily mean a large financial investment. With creativity, determination, and a little effort, you can launch a company with no upfront costs. Here are five great options to get started.
Wavebreakmedia/Shutterstock.com If you’ve ever wondered whether a financial advisor is worth it, the answer may surprise you. They do much more than just manage investments – the best advisors can provide guidance tailored to each stage of your financial life. Here are seven powerful ways financial advisors can help you take control of your money … Read more
MaIII Themd / Shutterstock.com Intel’s fall from an industry leader to a company struggling to stay relevant provides key information for technology investors. Understanding how to navigate these shifts is essential as markets evolve rapidly. Here are five lessons from Intel’s decline that can help investors make smarter decisions in a dynamic technology landscape.
Sergey Nevins / Shutterstock.com Financial misconceptions can prevent people from making informed decisions, often leading to costly mistakes. These common myths about money may be holding you back, but with the right mindset and actions, you can avoid their pitfalls. Here are four common financial myths, and how to overcome them.
Johnson/Money Talks News Boosting your income without a lot of effort or time may seem too good to be true, but that’s the promise of passive income. Financial expert Dave Ramsey emphasizes that true passive income requires some upfront work but can generate money for years with minimal ongoing effort. Here’s a look at Ramsay’s … Read more