Hope for your financial life and beyond

4 Easy Ways to Get Your Finances Back on Track

The COVID-19 pandemic has left many in a financial ruin (or at least in less-than-ideal financial circumstances). People are reeling from what the shutdown and quarantines did to the economy and to their personal wealth. It’s important, maybe now more than ever, to make sure your finances are on track to meet your future goals. 

It’s is a good thing that businesses and travel have started to open back up. People are staring to get their lives back. Life is beginning to return to pre-Covid19 normal as vaccines are rolling out. With all this taking place, it brings additional incentive to look at your finances and see if you need to make adjustments to stay on track toward your goals. There is no better time than now to get started. 

There are many factors to consider with this. That’s why so many cannot and do not manage their finances well.  It simply can be a daunting task to know where to start and how to plan things out well.

It’s not overstating it to say that for many, finances can be one of the greatest causes of stress and anxiety. However, there are some simple tasks that can help get you started. Here are just a few easy ways for you to make sure your finances are on the path to success. 

[Read more…]

Borrowing Money with Bad Credit

If you have made some wrong financial choices in the past, that doesn’t mean that you shouldn’t be given a second chance and a way to get back on your feet. And it doesn’t mean no one is willing to do so.

Conventional lenders such as banks or credit unions might decline candidates with poor credit reports because they don’t consider them trustworthy. Even a secured loan may be out of the question. Direct or online lenders may be more open to approving your application, but their terms won’t always be most favorable.

Here are some options to consider if you have bad credit and are looking to take out a loan.

[Read more…]

5 Best Ways to Build Your Credit Score 

Having a top-notch credit score is essential in your every day to day life. More and more people need a good one to access things for their life. It makes a person more desirable to employers, landlords, and mortgage lenders as well as negotiating for lower auto insurance rates and other services. 

But the million-dollar question is, “What can one do to build their credit score?” If you are wondering the best strategies to guild your credit score, you are in luck.  Today we will discuss a few options that will aid you in getting a good credit score.

[Read more…]

The 3 Main Advantages of a Debit Card

advantages of a debit card

Are there advantages of a debit card that makes them better than using a credit card?

Debate rages sometimes in the personal finance world over which one of these payment options is better. I see how both can be used responsibly to assist people with their money management. The key word in that last sentence though was “responsibly.” Of these two options, credit cards by far have the most potential for abuse.

Advantages of a Debit Card

Banks and other financial institutions issue debit cards as a way for customers to access their accounts to pay for goods and services. The card links to your checking account at the bank. When you swipe it at a business, the amount of the transaction is withdrawn from your account to pay the merchant.

[Read more…]