Advantages and Disadvantages of Renting in Retirement

Advantages and Disadvantages of Renting in Retirement

Many Baby Boomers,nearing or just entering retirement, begin to look at ahouse that’s too big and no longer meets their needs: The kids have moved out, often live in a different city, and the yard and maintenance on the home become more than is manageable on a regular basis. Before finalizing a change in residence consider the following benefits to renting your next home.

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Where to Find Free Money for College

Where to Find Free Money for College

Most students rely on the school of choice to offer a competitive financial aid package filled with both free money and loans to cover the cost of higher education. You typically find free money for college in the form of grants, fellowships, and scholarships. However, there are many opportunities for additional financial assistance not offered through the typical school financial aid package. Read more

Top 8 Financial Tips for First Time Home Buyers

Top 8 Financial Tips for First Time Home Buyers

Buying a home is often the largest purchase you will make in your lifetime.  For first time home buyers, this big decision can lead to both excitement and fear. Navigating the process in a systematic way can save you both time and money, while you search for a new place to call home. Read more

Top 7 Credit Mistakes Baby Boomers Make

Top 7 Credit Mistakes Baby Boomers Make

In retirement, borrowing needs diminish, leading many seniors to neglect their credit, because it no longer seems important. However, companies use credit scores for more than just lending: Insurance companies evaluate credit to determine rates, especially among car insurance providers; most utility companies and mobile phone providers use credit to determine deposit requirements and account qualification. Even employers can review your credit score for hiring and promotion decisions. Read more

Top Challenges You Face Using Credit Cards

Top Challenges You Face Using Credit Cards

Credit cards are used by millions of consumers to make everyday purchases including groceries, clothes, and gas. Credit cards are easy, convenient, and accepted nearly everywhere. However, they are also confusing.  Unless you realize the ramifications of paying with credit, you can wind up in big financial trouble. Read more