Finance

Buyer Beware: The Loopholes of Online Purchase Protection

Buyer Beware: The Loopholes of Online Purchase Protection

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Consumerism through the internet is at an uprise. Now, before we get started, keep in mind that the majority of eCommerce transactions are safe. However, there are times when mislead buyers must enact an online purchase protection policy. We've analyzed popular web-based platforms for loopholes. Below is everything you need to know before clicking submit.  Facebook purchasing policies and safeguards According to Facebook, their online purchase protection policy states that the buyer should make sure that the purchase is eligible before proceeding. Purchases deemed ineligible won't be able to fall under the safeguards of Facebook's shield. So, what does it...
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Do Preppers Stockpile Cash Around Their Home?

Where To Store An Emergency Cash Fund

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There are hundreds of tips on how to be a survivalist; however, what is a prepper's stance on money? Do they stockpile money around their home or have a secret emergency cash fund? To answer the question, let's look at the reasons for prepping and what the procedure can teach us about finances. Prepping basics 101 Preppers actively prepare for emergencies and shortages. They stock their homes with enough reserves to survive on their own. Since the act depends on access to accumulated resources, it's easy to understand why some question a prepper's need to have an emergency cash fund...
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How to Help Your High School Graduate Manage Money

How to Help Your High School Graduate Manage Money

By | Articles, College Life, Finance | No Comments
The act of budgeting seems for the well-established; however, on the contrary, proper wealth development starts before adulthood. Regardless of where your household is the financial timeline, there are ways to help your high school graduate manage money. If your student recently received their diploma, be sure to review our fiscal planning tips below. Financial advice for high school students Preparing for a stable financial future includes creating a solid savings plan. To help your high school graduate manage money, instill the importance of setting aside between 5-10% of their earnings. The practice will give them a benchmark for later accomplishments. ...
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Simple Ways to Build Home Equity for Under $1000

Simple Ways to Build Home Equity for Under $1000

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The key to developing wealth is through wise investments. Savvy homeowners show financial stability by making timely payments on their mortgage; however, it doesn't end there. In addition to increasing their property value, they also know how to build home equity. All of these factors are important when leveraging a HELOC, or accumulating assets.  When you build home equity, you secure a resource for the future, all of which you can borrow cash against later. If you're a homeowner, ready to make the next move, make sure to view our tips below. You'll see three ways that $1000 can boost...
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Common Mistakes of Shopping Less Frequently

Common Mistakes of Shopping Less Frequently

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The statistics regarding the average 2020 grocery trip show many new developments. As Americans are shopping less frequently in general, they are also creating an onslaught of common mistakes, most stemming from managing their household inventory. People choosing to go to the store less often focus their thoughts on bulk shopping. It is a critical change, yet it remains to be masted.  In a recent poll, the reasons for shopping less frequently involve avoiding contact with the Coronavirus. Although a wise decision, it can be tricky for most to balance between buying the wrong things or buying too much.  Changes in...
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Taking advantage of student loan forbearance

Taking Advantage of Student Loan Forbearance

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On March 27, 2020, the president signed the CARES Act into law. As a result, loan holders provided student loan forbearance for millions of accounts. Ordinarily, a forbearance suspends monthly payments yet still accumulates interest. Under the CARES Act, interest on student loans will not accrue. The setup grants financial relief for students across the entire United States. While the CARES Act helps tremendously, there are other tactics you can use to manage your student loan. Knowing all of your options, and creating a plan, will help you get ahead. How to pay off a student loan quickly First and...
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How to Apply for COVID-19 Financial Assistance

How to Apply for COVID-19 Assistance

By | Articles, COVID19, Finance | No Comments
There are multiple programs for COVID-19 financial assistance. Below is a list of resources available nationwide. Food and nourishment Last month, the United States Department of Agriculture set new COVID-19 financial assistance flexibilities in all 50 states and territories. It was to ensure that families who need food can get it during the national response to the Coronavirus. Additionally, the USDA partnered with the Baylor Collaborative on Hunger and Poverty, McLane Global, PepsiCo, and others to deliver more than 1,000,000 meals a week. Families can receive prepackaged meals, as well as fresh produce, depending on their location. For more information on nourishment...
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These Refinancing Opportunities Will Help Your Wallet

Refinancing Opportunities to Help You Get Ahead

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Because of the drop in rates, the economy presents many refinancing opportunities. Here's what you should know before you change the terms on your home, auto, boat, or RV loan. Refinancing opportunities are high across the board Since the onset of the Coronavirus, the government has developed ways to help households and businesses in need. Working with the Federal Reserve, they not only lowered interest rates but also set guidelines for future processes. In comparison to last year, the numbers are down as much as a few points. It results in great news for those looking to reset the terms of...
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Will a HELOC Strategy Help With Lost Funds?

Leveraging your home’s equity with a HELOC

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During the past weeks, the number of unemployment claims reached over 22 million. Americans continue searching for ways to recoup funds after suffering from lost work. As an answer to some, unlocking the hidden potential of their home has been the way to go. Could a HELOC strategy work for you, too? View all of the considerations to the process below. What is a HELOC? Keep in mind, HELOCs are different than Home Equity Loans. As part of a HELOC strategy, borrowing is flexible and functions as a revolving line of credit. Home Equity Loans, on the other hand, have...
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The Best Uses for Your Stimulus Check

How To Spend Your Stimulus Check For Fiscal Responsibility

By | Articles, COVID19, Finance | No Comments
The IRS has already disbursed the first round of Economic Impact Payments. Otherwise known as the stimulus check, most people will not need to take any action to receive it. With an expected influx of cash coming, how should you spend your stimulus check? The debate over how people should spend their stimulus checks While there is not a current banking crisis, people all over the world are still adjusting to the new normal. Many Americans have already filed for unemployment or experienced a reduction in their work hours. Non-essential workers must stay at home, creating different needs than when they...
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