Smart Money Page 4

  • Paper or Plastic? 5 Reasons to Use Cash Over Credit

    Paper or Plastic? 5 Reasons to Use Cash Over Credit

    Has the convenience of credit and debit cards made carrying cash a thing of the past? Maybe. More and more, credit is becoming the preferred method of payment and a way of keeping money secure. Before you put away the green for good, however, you should consider the perils of plastic and benefits of cash. We Tend to Overspend   Americans have thousands of dollars of credit card debt, so it’s no secret that …

  • Buying a Home in The Next Year? Here’s 4 Things To Avoid

    Buying a Home in The Next Year? Here’s 4 Things To Avoid

    The 12 months leading up to a home purchase can be extremely stressful. From the preapproval process to the signature on the dotted line, it's a timeline cramped with intricate decisions that ultimately influence one of the most substantial purchases a person will make in his or her lifetime. Some of these are more insignificant details, while others can be of major concern. However, when it comes to decisions tha…

  • 5 Personal Finance Lessons I Learned From the Military

    5 Personal Finance Lessons I Learned From the Military

    Service members aren't exactly renowned for their financial responsibility, but that doesn't mean we can't take the lessons we learned in the military and apply them to our personal lives. Managing your money is all about developing good financial habits. It requires hard work, dedication and sacrifice. Luckily, as military members, we've had plenty of practice. Whether you're looking to pay down your debt or shore up your credit score, the intangible skills acquired while serving can cont…

  • 5 Experts on What Consumers Don't Get About Credit

    5 Experts on What Consumers Don’t Get About Credit

    Credit can be a tricky topic. While there's plenty of information out there about credit, how to build it, and what to do if it's dragging down your home loan application, it's still a confusing area for some people. While there are plenty of experts available, the credit experts at Veterans United's Lighthouse department are among the best and are available free-of-charge to help you through your credit issues. Get in touch today and start the road to great credit. There's also lots of gr…

  • These 5 Things Will Keep You Drowning in Debt

    These 5 Things Will Keep You Drowning in Debt

    Getting into debt isn't hard. In fact, it can be quite easy to fall victim to the slippery slope of accumulation. Getting out of debt, however, can be incredibly hard, even seemingly impossible at times. Though the road to recovery may be long, it is possible to get back on your feet after financial woe — just be sure to avoid the following five things at all cost. If you've got debt, your dream of homeownership is not out of your reach. Now's the time to get the ball rolling on your VA …

  • Stop Making These 4 Budget Blunders

    Stop Making These 4 Budget Blunders

    Nearly half of Americans faced financial difficulty last year, unable to afford bills for basic needs like medical care or housing. Almost a third live day-to-day and have no savings at all. Their current financial woes aren't all attributed to foolish spending habits. Some simply fell victim to common money mistakes that the majority of Americans make – even the ones who still have gas in their car, food on …

  • Identity Thieves Do This to 2.5 Million People Per Year. Here's How to Stop it.

    Identity Thieves Do This to 2.5 Million People Per Year. Here’s How to Stop it.

    Adjusting to life after the loss of a close loved one is no easy feat. The days immediately following are no exception, as the surviving family must handle funeral arrangements, insurance policies and wills. Unfortunately, tragedy can be cut short by fear as the family realizes that their departed relative has became a victim of identity theft. Fraud prevention firm ID Analytics revealed the identities of nearly 2.5 million deceased Americans are misused each year. Credit issues can …

  • Don’t Spend That Bonus!

    Don’t Spend That Bonus!

    Strengthen Your Safety Net Before You Splurge

    A really great day for your finances can start just like any other day. Yawn, brush your teeth, have a cup of coffee and drive to work. But today, there's an envelope on your desk that's sure to put a smile on your face: a bonus. While many employers offer bonuses around the holidays as a yearly "thank you," bonuses are doled out throughout the year as praise for a job well done. And while that stack of cash may look pretty nice sitting in your checking account right now, you're more likely …

  • What Happens to Debt After a Loved One Passes?

    What Happens to Debt After a Loved One Passes?

    Losing a loved one is never easy, but what do you do when you start receiving calls claiming that you are responsible for your deceased loved one's debt? Collection agencies waste no time in the event of a death, each rushing to make sure they are the first ones paid. The question is, are you really responsible? Regardless of the answer, there are steps you can take to protect yourself from being hounded by debt c…

  • You'll Never Guess Which Tool Lenders Are Using to Judge Your Finances

    You’ll Never Guess Which Tool Lenders Are Using to Judge Your Finances

    With the vast amount of information provided by users on social media websites, it’s no surprise that companies are starting to figure ways to not only market to us, but also use this data to evaluate our risk as borrowers and our finances. There is a strong correlation between how we behave personally and how we behave with our finances. The people we spend time with, our shopping habits and even our location d…