How to Transfer Money between Bank Accounts
Sometimes, you may need to transfer money between bank accounts. Generally speaking, this is not difficult. You can transfer money between different accounts at the same bank, or between accounts at different banks. Before transferring money, make sure there is…
Beware of Money Traps: A Practical Guide to Avoiding Financial Mistakes
Whether you are an experienced and high-performing professional, a newbie, or a student who has just entered society, we have all made some small mistakes when it comes to money, right? The key is how we learn from these mistakes…
6 Things To Note When Buying A Car With A Loan
Many problems arise during the process of buying a car with a loan. As competition among car manufacturers continues to increase, as a customer, you can enjoy more and more discounts and conveniences when buying a car. For some children…
How Should You Prepare A Personal Financial Budget?
If a financial budget is consistently unattainable, the true value of the budget may be incidental. Why Do You Need A Personal Financial Budget? How To Create A Personal Financial Budget? How To Implement A Personal Financial Budget? How To…
5 Ways the Fair Debt Collection Practices Act Protects You
If you feel helpless because debt collectors are calling for payment, you have more power than you realize. You just need to be aware of your rights and how to use them. The Fair Debt Collection Practices Act is a…
How to Get Out of Debt: 7 Tips That Work
Getting out of debt is something you can do yourself with the right tools and motivation. Take it from those who’ve been there. The people profiled in NerdWallet’s How I Ditched Debt series tackled thousands of dollars of debt using…
4 Steps to Deal With Debt Collection
If you’re facing calls from debt collectors, make sure you understand how debt collection happens, the best way to resolve your account and what this means for your credit — before you pay anything. What is a debt collector? A…
How to Use Debt Avalanche
Knowing how to pay off your debt isn’t always easy, but there are some simple strategies that can help. Two common methods are the debt snowball and the debt avalanche. The debt avalanche targets debts with the highest interest rates…
Taking a 401(k) Loan? Here’s What to Know
Many 401(k) plans allow users to borrow against their retirement savings. It’s a relatively low-interest loan option that can help cover a large expense, but tread lightly. Getting a 401(k) loan can mean long-term retirement losses or penalties if you’re…
How to File Chapter 13 Bankruptcy
Chapter 13 bankruptcy lets you restructure overwhelming debts under the protection of a federal court, setting up a repayment period of three to five years. This is also called “wage earners” bankruptcy, because you must have a regular income to…