Freddie Mac still believes that mortgage lending is on the right track for 2016 and there are expectations for the market to tap the brakes yet again in 2017. Freddie Mac’s monthly report which was out last month showed that the enterprises and agencies sponsored by the US government were continuing to project that the...
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Dealing With Debts During a Divorce – Handling your Financial Obligations
For an American, debt may be as common as baseball or apple pie and this kind of acceptance of debt is because the majority of American couples owe a huge amount of money to their credit card lenders. They have taken out auto loans on their cars and have mortgages on their homes and have...
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Key Investment Strategies for the Reckless Millennials – Measure Your Steps
As long as investing is concerned, millennials are infamous for their reckless attitude. According to a study by an eminent group earlier in 2016, Americans between the age of 21 and 36 are the most financially orthodox generation since the time of the Great Economic Recession. The economic turmoil that they’ve been through since the...
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Scrapped Currency Notes Hit Indian Economy – Will it have any impact on the common man?
The midnight of 9th November ’16 will witness scrapping of Indian currency notes of 1000 INR and 500 INR following an announcement made by Mr. Narendra Modi, the Indian PM. According to his recent declaration, this move is aimed at eradicating corruption and black money. A decision has been taken to continue with currency notes...
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New Changes to the Retirement Account Rules to Know of – Retire Debt-Free
Did you know that contributing a portion of your income to retirement accounts can help you qualify for tax breaks and sometimes even for employer contributions? Another new and lucrative perk which retirement accounts like 401(k) or IRA will now have is a legal necessity for investment advice which isn’t biased. Apart from this one,...
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Melanie Lockert, the Owner of Dear Debt
Melanie Lockert is the personality behind the award-winning blog, Dear Debt, where she chronicled her journey out of $81,000 in student loan debt. Through her blog, she inspires readers to break up with debt by writing their very own breakup letter to debt. In 2015, Melanie (and her journey out of debt) was named one...
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Running Your Car Doesn’t Need To Bankrupt You
Anyone who drives a vehicle will be able to tell you that it can cost a surprising amount of money to run. No matter what kind of car you drive, this remains the case. There are many different aspects to running a car, and they all have their own expenses which need considering. Fortunately, however,...
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All Outta Dough: Why Do People Go Bankrupt?
The current statistics on bankruptcy in the US are sobering. We’ve seen a huge rise in the number of people falling into bankruptcy. What used to be an institution for the failed entrepreneurial class has now become a tool for the masses. Even Congress has had to step in and make bankruptcy more difficult to...
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Risky Territory: Protect Yourself from Risky Tenants with This Guide!
A real estate investor needs to protect their investment. Okay, so that goes for pretty much any type of investor. But property is a lot different from the more abstract kinds of investments. This is a big, expensive, tangible investment that can be physically harmed. And it’s something that you’re going to want to let...
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What Are Your Rights and Legal Positions After a Road Accident?
No matter who was at fault, being involved in a road accident is never any fun. No one goes out of their way to cause a crash on purpose. However, once a crash does occur, there is a legal process that jumps into action. You need to know what this means for you and how...