Life Insurance is Critical – Even if You’re Young and Healthy

If you’re young and healthy, you may not think life insurance is for you. You may think it’s best for older people, or those with health conditions. While it’s true that these segments of the population may benefit most from having life insurance, it acts as an important financial safeguard for everyone, especially because it allows you ... More

What You Need to Know About Loan Default

Most people who take out a loan have every intention of paying it back on time. However, life can get in the way of our best-laid plans, meaning loan defaults happen fairly frequently. Read on to learn what default means for your financial health, and what steps you should take. Image via Unsplash/neONBRAND Continue to original source. More

Car Insurance Secrets You Probably Don’t Know

Every driver needs auto insurance, yet these policies can be confusing and filled with fine print. If you don’t know exactly what your “no fault policy” means or that making a claim can increase your rates, you could be in for some financial surprises, too. Read on to learn more about auto insurance so you can better protect your ... More

Is a Second Mortgage Right for You?

Many homeowners have reason to apply for a second mortgage, which means an additional home loan on the same property on which you already have one mortgage loan. If you own a home and find yourself in need of an infusion of cash – for instance, to pay for a wedding or unexpected medical expense – a second mortgage could be a useful tool ... More

Do You Need Flood Coverage on Your Homeowner’s Insurance?

Homeowner’s insurance is never one-size fits-all. You need the right policy for you and your home’s unique needs, so get specific about what you’re looking for in a policy. Typically, your homeowner’s insurance will not include flood insurance, though many homeowners will need it in order to protect their properties. Below, we’ll ... More

Payday Loans Can Be Financially Damaging

Shirt-term loans, often called “payday loans”, are typically advertised as perfect for those with bad credit, who may not qualify for personal loans from traditional lenders like banks or credit unions. However, payday loans are dangerous for a variety of reasons. Borrowers should take caution before using this option. Image via ... More

Three Things to Know About Second Mortgages

Are you wondering whether a second mortgage is the right financial move for you? The term “second mortgage” usually refers to an additional home loan on the same property on which you already have one mortgage. If you own a home and find yourself in need of an infusion of cash – say, to pay for a wedding or unexpected medical expense ... More

Tips for Responsible Credit Card Use

We have all heard horror stories about credit card debt, and it’s enough to make a person give up credit cards completely. However, those alarming stories aren’t the only results of credit card use. For those who utilize them responsibly, they can be an integral tool in a consumer’s financial toolbox. Let’s take a look at a few ways a ... More

Will Your Health Insurance Coverage Extend Abroad?

Have you ever wondered what would happen if you got sick or injured while traveling overseas? Unfortunately, this “what if” scenario becomes a reality for 15 percent of travelers each year. If you’re wondering whether your health insurance plan would still cover you out of the country, read on for details. Image via Unsplash/Conver... More

Is it Smart to Have More than One Credit Card?

It’s easy to fill up your wallet with credit cards, what with all your favorite stores and airlines offering cards with great perks. However, is it wise to have more than one? Read on to learn how many credit cards you should have – and what to do if you have too many. Image via Unsplash/Pickawood Continue to original source. More