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Category: Credit and Debt

link to Should You Payoff Your Mortgage Early or Invest?

Should You Payoff Your Mortgage Early or Invest?

In a recent "non-scientific" poll, YouTuber Marko from WhiteBoard Finance shared that 75% of some 3000 Instagram respondents said they would invest, while just 25% said they would pay off their...

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link to The Debt Snowball Explained

The Debt Snowball Explained

So we've got our baby emergency fund started. Now we're onto what is the longest baby step for many of us -- Baby Step 2 -- the Debt Snowball. But how exactly do we do the debt snowball? And...

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link to Debt Snowball and Gazelling

Debt Snowball and Gazelling

Everyone knows the best way to remove a Band-Aid, right? Of course, just rip it off! Fast! That's the principal behind "Gazelle Intensity" described by Dave Ramsey in The Total Money Makeover. And...

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link to Is All Debt Really Bad?

Is All Debt Really Bad?

Good debt? Bad debt? Is there really a difference? It depends on who you talk to. Today, I'll talk about these two classifications of debt and more specifically, the two schools of thought of...

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link to Should Homebuyers Use a 30-year Mortgage?

Should Homebuyers Use a 30-year Mortgage?

Budgeting is one of the most overlooked aspects of the family's economic health, and mayhem can ensue with an uninformed mortgage selection. Although many homeowners believe the 30-year mortgage...

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link to Know Your FICO

Know Your FICO

Have you ever applied for a loan and wondered whether your credit was good enough to close the deal? Read on to learn more about your credit score. The FICO Score FICO is an acronym referring...

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