In the world of personal finance, debt often gets a bad rap. Financial gurus sometimes say you should avoid borrowing at all costs and pay for everything in cash. It’s not hard to guess why; debt is the No. 1 source of financial stress for millennials, according to a Student Loan Hero survey. However, debt... Read More
After buying my first home in December 2016, I expected to experience nothing but positive feelings and a sense of accomplishment. Instead, I felt unease, fear, and self-doubt. “Did we make the right decision buying this home?” I often wondered in the months after moving in. I didn’t realize my homebuying “hangover” wasn’t unusual. In... Read More
“All the thoughts and dreams of people throughout history, and all you need’s this little card to borrow ’em for free!” Other children of the ’90s might recognize this lyric from the classic tune “Library Card,” rapped by the cast of the cartoon show Arthur. It’s a silly song, but it’s a solid reminder that... Read More
As a finance writer, I am surrounded by people who know a lot about managing money. But even those with the most money know-how can still miss financial must-haves. For instance, in a recent conversation, a few of my coworkers stated they didn’t have renters insurance. This puts them among the 59% of renters who... Read More
Andre Spicer, a business professor, was delighted when his 5-year-old daughter expressed interest in an entrepreneurial endeavor. He couldn’t have foreseen the outcome, though: a firsthand lesson in side hustle mistakes and a nearly $200 fine, according to a July article in the Telegraph. Spicer and his daughter decided on a lemonade stand and set... Read More
Nobody takes out student loans expecting to have trouble repaying them. But once the realities of post-college life set in, many borrowers do find that keeping up on payments is a struggle. In fact, more Americans are burdened by student loan debt than ever, with a delinquency rate of 11.2%. And that doesn’t include many... Read More
If you’re at the age when your peers are making major life moves — getting married, having kids and buying homes – you might be feeling it’s time to join them. Or you may simply just be at that stage all on your own. Either way, plenty of young adults are starting to get the... Read More
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