Identity theft is nothing new, and yet it still manages to cost its victims billions of dollars (yes, that’s billions with a “b”) globally each year—not to mention the time and hassle involved in recovering a stolen identity.
Loans help finance some of our biggest goals in life. They can provide access to possibilities that we can’t afford upfront—possibilities like going to school, buying a home or starting a business (to name just a few).
As someone who’s old enough to read this blog, you likely have some experience with spending and earning money. Whether your experience is big or small, most people have developed a common set of beliefs or understandings about money by the time they reach adulthood. How accurate are your ideas? And could a change in perspective help you better reach your financial goals?
You’ve likely heard about credit scores before (thanks to all those commercials with terrible jingles), but what do you actually know about them? How long have they been around? And what’s the deal with checking them?
Cash, check or card? Debit, credit or prepaid debit? You make this decision so many times a day that it might seem common and unimportant. After all, different forms of payment are just different ways to access funds, so what difference does it really make if you put your breakfast sandwich on credit instead of debit?
Budgets are like the New Year’s resolutions of personal finance. We all know we should have one and we all know it’s a fairly simple thing to follow—at least in theory. Like resolutions, we often map out personal budgets with the best of intentions, only to abandon them a couple of weeks later.
With the new year in full swing, we’re going to go out on a limb here. Do you have a bit of aging credit card debt you’d like to wipe off your slate? DON’T WORRY! It’s totally normal to want a fresh start. Plus, if you’ve chosen your existing credit cards wisely, you won’t pay an arm and a leg in interest as you work toward paying down your balance.
The question is how do you choose the right card?
Main priorities should be your interest rate, terms and any associated perks of the card (such as One for All Rewards). Take a look at a few different options below:
Saving money is a challenge. Not only do unexpected expenses pop up, but dividends on your savings account can sometimes accrue so slowly! Even though your savings balance may seem like it’s growing at a snail’s pace, a magical power called “compound interest” is on your side. Check it out! The more money you save, the faster your money will grow.
Alaskans experience a unique phenomenon in the summer: we suddenly have energy to GO GO GO without sleep or sustenance! If you’ve ever caught yourself mowing the lawn or grocery shopping at 11pm on a sunny weeknight, you know what I mean. Although this energy can feel dangerously close to crazy-town at times, it’s also a great way to accomplish more than you normally would.
With summer winding down, it may be time to harness your amped up motivation and tackle those DIY projects you’ve postponed (for dipnetting, mountain climbing, summer concerts and all the other cool things you do!). Could your home use new windows or doors? Have you had a bathroom addition on your mind, or are you hoping to sell in the spring and need to make improvements beforehand? These projects have DIY written all over them (or hey, you could use a contractor too – no judgement).
Before you get started, there are a few important things to know. Not all home improvement projects are created equal – meaning that not only do some take more time or money, but some will give you more or less return on your home’s overall value. So don’t choose your project too hastily! It’s important to balance the fuzzy-good-feeling “value” that a project will give you (because a new deck would be AMAAAAZING!) versus the monetary value you’ll retain. Check out the cool info below to learn which projects pay off the best versus which can be total duds. And good luck getting your DIY on!