Applying for a car loan eases the process of buying your dream car. Some people may look at the monthly payment of a car loan and overlook the total cost of financing, which disturbs their finances. Some come with high interest rates for a short duration of time, while there are other car loans…
A home serves as a significant investment. With mortgage refinancing, you will be provided with the option to use your property to leverage that investment. Refinancing may allow you to shorten the term of your loan. It can also help lower your monthly payments and provide you with cash. When you refinance your home, you…
While there is still a level of controversy that surrounds NFTs, it’s undeniable that they’re led to a digital art revolution, with users from around the globe being able to sign up to an NFT marketplace and sell their art to an international audience. After the March 2021 sale of Beeple’s NFT collection for $69,000,000…
Owning rental property can be a great way to make some income, but it’s typically anything but passive. If you’re managing the property on your own, you’re responsible for repairs and upkeep, renovations, vetting tenants, and more. Even if you use a property management company, you can still find yourself battling the stress of being…
The bankruptcy means test uses gross income. Gross income is before taxes are removed. Filing for bankruptcy can be an intimidating thing. Many think that filing for bankruptcy is the worst thing you could ever do financially. However, bankruptcy was designed as a system that could help take individuals from drowning in debt to a…
While there is likely an endless list of money mistakes you should avoid, some bad money moves can really wreak havoc on your finances. For example, spending more money than you make or buying a home you can’t really afford can put you on the fast track to personal bankruptcy. Car financing company Carvine shared…
If you’re an entrepreneur, then you might eventually find yourself with an enormous check after you have sold your business or experiencing a major liquidity issue occur and then think: This is awesome but what can I do with this cash? As the successful, smart business owner you are, you’ll definitely decide to take responsibility…
If you are trying to increase your home value in order to sell it or increase your home’s equity, there are some terrific projects you can do to increase the value immediately. Other projects like solar panels increase the value of your home over a long time period. There are also some upgrades that you…
Financial advisors can help take you and your finances far — but only if you find the right one for you. Working with a credible, knowledgeable, and prepared advisor can help you fix financial issues, save big for retirement, and sort out the perfect budget that is tailored to your exact needs. Finding an advisor…
When you refinance your mortgage, you essentially pay off your current mortgage before replacing it with a new one. A person may refinance their mortgage to shorten their mortgage term. Or, they may do so to obtain a lower interest rate. However, your debt-to-income ratio should be low if you want to qualify. Your credit…
