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Should You Take Out a Loan to Fund Your Divorce?
By: Sheryl Nance-Nash | Source: Money
In the wake of self-isolation efforts to flatten the curve from the coronavirus, many couples are feeling the financial strain and stress of the pandemic. As couples emerge from quarantine, some will see it as the excuse they need to call it quits but lack the resources for a divorce. Read the fine print on the pros, cons and other alternatives associated with the monetary burdens of divorce during this crisis.
Things To Cut Out Right Now To Save Money During the Health Crisis
By: Gabrielle Olya | Source: Go Banking Rates
The current health measures to prevent the spread of COVID-19 has caused unemployment to skyrocket, highlighting how crucial it is to reduce spending and focus on saving. GOBanking Rates spoke to financial and consumer experts to get their insight on which expenses to trim during the pandemic. and has forced many businesses to close or reduce workers hours.
The new way to talk about money with your partner in the midst of the coronavirus pandemic
By: Anna Hecht | Source: CNBC Make It
Financial discussions may be difficult under normal circumstances, but during tough times it’s important to be sensitive to partners without criticism. Having a money talk mid-pandemic is not ideal, but neither is the coronavirus; confront budgets together and reassess goals, as well as paying close attention to emergency funds and discussing job security. Remember to schedule check-ins to reevaluate financial strength.
Survey: Millennials Are Just as Likely to Write a Check This Month as They Are to Use Mobile Wallet
By: Liz Alterman | Source: FinanceBuzz
A survey of purchasing habits and frequently used payment methods was conducted by FinanceBuzz. Contrary to popular belief the younger generations have not rendered cash and checks obsolete, even as mobile wallet issuers add incentives and rewards with the hope of attracting new users.
How often should you use your credit card?
By: Barri Segal | Source: CreditCards.com
There is more than one reason to keep your credit cards open and active. Find out from a selection of experts how a closed card might impact your overall credit and how and when to avoid having it closed.
Credit Utilization: Understand How It Impacts Your Credit Score
By: Nick Clements and Casey Bond | Source: US News and World Report Money
Lenders, like credit card companies and banks, use credit scores to assess possible risks associated with lending out money to consumers. The goal is to reduce losses due to bad debt by evaluating your score, which can be determined by several factors, like paying your bills on time. Keeping your credit utilization low is another smart strategy toward increasing your score.
When Should You Start Cutting Off Your Children Financially?
By: Geoff Williams | Source: HuffPost – Life Money
There’s no right or wrong answer as to when a parent should cut off their children financially – compiled are a few questions to ask that may provide a resolution. Instead of asking when to “cut the cord” try to determine how. How should funds be given out to kids and do they understand the value of money?
14 Areas Where Your Business May Be Bleeding Money
By: Expert Panel | Source: Forbes Finance Council
Running a business is a complex process and with so many types of businesses and industry services, it can be difficult to know which area within a company is wasting hard earned money. The Forbes Finance Council has enlisted its 14 members to highlight where businesses might be wasting funds.
15 Steps Entrepreneurs Need To Take To Start 2019 Off On The Right Financial Foot
By: Expert Panel | Source: Forbes Finance Council
Small business owners can gain valuable advice from the expert panelists of the Fobes Finance Council on how best to align their strategies for the new year and ensure financial growth for the future. Each small step will bring you closer to starting off on the right financial foot – like paying off some of your own debts to strengthen your position for later.
Wage Garnishment: What Is It and How Can It Impact Your Income?
By: Geoff Williams | Source: US News and World Report Money
Wage garnishment is not to be taken lightly. There are different scenarios and associated costs for each situation, but if your wages are being garnished by any amount, one thing is clear, your financial life is a mess. Though you may not clean it up quickly, there are steps that can improve your circumstances like negotiating a payment plan with your creditor or seeking help from a credit counselor.
Building A Business As A Consumer Advocate
By: Steve Olenski
The world of finance is not one I am normally prone to play in, if you will. But being the uber-curious person that I am, I was intrigued by the possibility of speaking with Howard Dvorkin, a personal finance expert and consumer advocate. He has established himself and his personal brand over the past 15+ years. I recently had the chance to ask him a few questions as I was curious as to how he got started, what he did to build his brand and so on.
A Conversation with Entrepreneur and Consumer Finance Advocate Howard Dvorkin
By: Brian Hughes | Source: Huffpost
As a solopreneur myself, I always enjoy talking with fellow entrepreneurs about what sparked them to take the plunge and start their own business and the lessons they’ve learned along the way. Recently, I spoke with personal finance expert and consumer advocate Howard Dvorkin.
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Recent Columns
Can the country get better and worse at the same time?
By: Howard Dvorkin
Last week saw lots of good news about the economic outlook – and bad news about people. Here’s the good and bad of the current economy.
Democrats and Republicans are both wrong on student loans
By: Howard Dvorkin
Republicans and Democrats disagree on many things, including student loans. Here’s some nonpartisan perspective on the student loan crisis.
How to give your adult children money – the right way
By: Howard Dvorkin
You can teach your sons and daughters about money, even after they’re all grown up, with a family loan. Have no fear, advice is here.
Apple Pay: high tech or impending wreck?
By: Howard Dvorkin
Apple’s new digital wallet service has everyone talking, but it has me worrying. Read this article to weight the pros and con and determine if Apple pay is right for you.
China vs. America: Who teaches money better?
By: Howard Dvorkin
If you believe one study, China’s teenagers are financially smarter than our own. America should follow China and really educate the youth about finances.
The debt riddle
By: Howard Dvorkin
If Americans are working harder than ever, how can they be more in debt than ever? It’s a debt riddle I can solve for you.
What do Americans fear more than death?
By: Howard Dvorkin
Here’s a question: what do americans fear more than death? I can’t spare you from dying, but I can help you with something you fear even more.
The Retirement Trap
By: Howard Dvorkin
Retire your debts before you worry about retirement. Americans have $870 billion in credit card debt and $1.2 trillion in student loan debt.
For-profit colleges: a costly week
By: Howard Dvorkin
So-called for-profit colleges are facing tough times and government investigations. I say: Good.
Our mission: Teach outside the classroom
By: Howard Dvorkin
Learning about money doesn’t have to feel like homework. Debt.com offers people who need to improve financial literacy a smart way to do it.