Rose Knows The Poconos
While a budget may seem restrictive and burdensome, in reality, it gives you control of your life and allows you to make proactive choices about your money. Bringing down your debt and living within your means enables you to feel good about your life again.
Overwhelmed about where to begin? Here’s a five-step plan from Lending Club to put you on the path to taking control of your finances. Even if you already have a budget in place, it’s a good idea to re-evaluate using these guidelines.
A certificate of deposit (CD) is a product that gives an investor a fixed interest rate for anywhere from three months to five years. The longer the term, the higher the rate. CDs generally have higher interest rates than savings accounts, but money must be kept in a CD until its maturity date. If it’s withdrawn before then, a penalty applies. CDs are FDIC-insured, which makes them safer than investing in the stock market. In order to maximize returns while maintaining liquidity, investors often...
Many people struggle to pay off credit card debt. Interest that accumulates each month can make it difficult to make a dent in balances. Juggling multiple credit cards with different minimum payments and due dates can feel overwhelming. Missing a due date can lead to fees and possible damage to your credit score.
If you have lived in your home for several years, you may have built up a large amount of equity. You might be able to use a home equity line of credit, or HELOC, to pay off credit car...
Found money is a gift. And with the internet, it’s easier than ever to find it.
Unclaimed assets may be sitting somewhere in your name, waiting for you to find and claim them. With some simple online searches, you can look for unclaimed money in seconds and possibly find a windfall.
Unclaimed money can come from a family member who has died. They may have a life insurance policy, retirement benefit and other policies you may not know about that are legally yours as an heir. Here are some resour...
If you’re buried by credit card debt, a negotiated debt settlement with your creditor may be worth checking into. Negotiated debt settlement is a general term for discharging debt in a way that appeals to the credit card holder and the card’s issuer.
It’s best to negotiate from a position of strength by not having submitted late payments or having missed them, which can cause a credit score to fall. If that happens, cardholders will likely have a harder time getting concessions in a negotiated...
