Saturday, 17 April 2021
iStock Imagine for a moment how you would feel after doing all the hard work of saving for a down payment, researching and putting an offer on a new home, only to be turned down by a mortgage lender due to an error on your credit report that you weren’t […]
Updated on Monday, April 12, 2021 In the 1800s, Americans rushed out to the West in search of gold. These days, it’s cryptocurrency (crypto for short) that’s dangling dollar signs. Bitcoin, the largest crypto by market share, has seen an explosion in value recently, reaching nearly $62,000 in mid-March. In […]
There are some common reasons that can keep your credit scores from rising above the 700 mark: How to boost a low credit score If you’ve struggled with your financial situation, know that by taking simple, actionable steps, such as paying down high balances and paying on time every time, […]
Updated on Monday, April 5, 2021 Adulting can be hard, but many parents truly try to make financial decisions easier for their kids. In a new MagnifyMoney study using Federal Reserve data, we found that parents 55 and older who support their adult children have an average net worth of […]
Updated on Friday, April 2, 2021 Personal loan lenders determine eligibility based on a number of factors, such as credit score and income. It can be difficult to get a loan without a job, but it may be possible to qualify if you have some other source of income or […]
Updated on Tuesday, March 30, 2021 You said “I do,” but now you don’t. Divorce can certainly take a toll on one’s emotions, but it’s the long-term financial toll that may come as a surprise. Sure, there are immediate costs, such as legal fees and moving expenses, but the impact […]
Updated on Monday, March 29, 2021 Jobs in science, technology, engineering and math (STEM) are projected to rise 8% by 2029, according to the U.S. Bureau of Labor Statistics (BLS). And while women working in STEM jobs have higher median earnings than women in non-STEM roles, there’s still a bit […]
Updated on Tuesday, March 23, 2021 More than 1 in 5 married couples and more than 2 in 5 unmarried individuals who are 65 and older rely on Social Security for 90% or more of their income, according to the Social Security Administration. That’s important because the average difference between […]
Updated on Monday, March 22, 2021 Life changes, and often that means finances change, too. A financial advisor can be a valuable guide during these times, clarifying the financial aspects of buying a house, retiring and more. But 42% of Americans think financial advisors are only for the wealthy, even […]
Updated on Monday, March 15, 2021 A tax consultant is a tax expert who can help you with tax preparation, tax laws and other tax-related issues. While filing your own taxes is easy for some, it can feel daunting for others, with tax laws changing every year and one error […]