One of the most important financial lessons that you can learn is that debt is prison. Indeed, when you are paying interest on your debt, that money is going straight into someone else’s bank account and you receive nothing in return. Plus, paying that interest makes it harder to pay down the principal and to […]

Let’s start by summarizing the mayhem that we’ve seen over the last few weeks: 1. Republicans and Democrats in Congress put their own political futures ahead of the best interests of the country (once again) before finally agreeing on an incomplete deal to raise the debt ceiling and cut spending. 2. The stock market dropped […]

Understanding Identity Theft Identity theft can happen very quickly. Unfortunately, fixing the damage often takes much longer. Thieves steal personal details in many ways. They may target debit cards, credit cards, or Social Security numbers. With this information, criminals can damage your credit score. They may apply for loans, open accounts, or file false medical […]