INSURANCE

Congratulations! You’ve just been accepted for a personal loan. Getting a personal loan for any number of reasons is a big deal. It means you’ve been evaluated as a trustworthy borrower and you’re going to enjoy some of the most favorable borrowing terms you can get. But before you start celebrating, you should be sure you know how to repay your loan. There are a lot of things to think about, and you don’t want to get too far into this before you know the basics. What is a personal loan? First things first: what exactly is a personal loan? The American Bankers Association defines a personal loan as “a loan that is personal in nature, and not made to finance an investment or another transaction.” This definition makes perfect sense, but doesn’t do much to put the loan in context. Personal loans are often used to finance major expenses, like student loans and rent. Personal loans are also less formal than other types of loans. For example, personal loans often have better terms than ...

  Have you ever gone to a store and realized you don’t have cash or cards? If you answered yes, you know that moment of panic when you need to pay for something and are short a few dollars. The good news is that there are plenty of ways to build credit when you have no credit history. In this blog post, I’ll show you 10 ways to start building and improving your credit. 10 Ways to Build Credit First, let’s look at the benefits of building credit. Credit score Building credit builds your credit score, which means it makes it easier for lenders to approve your loans. Your credit score is one of the things you can use to get the best deals and discounts, like zero percent interest offers, even if you don’t have a credit score. Low payment history Even though credit cards and loans take time to start contributing to your credit score, low credit card payments make it harder to build a healthy credit score. One of the best ways to repair your credit and improve your credit score is to ke...

Investing can sound scary and intimidating. But it doesn’t have to be! There are many different approaches to investing, and it’s important to find the approach that makes the most sense to you. No matter what strategy you choose, you’ve taken the first step to becoming a better investor. A good place to start is by reading this article. We’ll look at a few different strategies, and talk about the advantages and disadvantages of each. What Is The Best Way To Invest? Here are some different ways to invest and what their advantages and disadvantages are. The first is quite literally the best way, the others are very closely tied. #1: ETFs If you have $10,000 or more to invest, then an exchange traded fund (ETF) is the way to go. ETFs let you invest in a portfolio of funds, which represents stocks and bonds. The top ETFs right now are: SPDR S&P 500 ETF (NYSEARCA: SPY ): This ETF invests in the S&P 500 stock index. It has an expense ratio of 0.05%, so it’s cost-effective. (NYS...

    So, you’ve finally got your driver’s license and you’re looking to buy a car. Congratulations! Now, you might be wondering: What type of car insurance should I get? There are many factors to consider when deciding on your car insurance plan. There’s the type of coverage you want, the deductible, the premium, and whether or not you want to use public transportation. Like I said, there are many factors to consider. But don’t worry. This guide will walk you through all of the steps you need to consider so you can find the best car insurance for you. What is car insurance? To put it simply, car insurance is just another form of insurance for your vehicle. It’s not an essential service. You can drive without it. If you’re a new driver and don’t know what type of insurance to get, you could end up paying more because you don’t have insurance. Instead, you could be hit with thousands of dollars in debt, have a car impounded, and even have your license suspended if you don’t have ...

    If you’re reading this post, chances are you’re interested in personal finance. You might be a student trying to figure out how to manage your money before you graduate, a recent grad trying to get your finances in order, someone who’s been interested in personal finance for a while, or someone who’s been putting off this post for too long. No matter what your story is, I hope you find value in these personal finance basics. What is personal finance? Personal finance is the set of concepts, laws, and guidelines that help you make your money work for you. There are basically 2 parts to personal finance: Your financial situation Your spending Your financial situation is how you made your money, i.e. your income. Your spending consists of what you’re using that money for. This post is going to be focusing on how you make money and how you spend your money. Step 2What should you know about personal finance? Personal finance is a topic that’s incredibly complex. This post i...

Blockchain technology has shown the world the potential of digital currency. Bitcoin, the first digital currency ever created, is the most popular form of cryptocurrency.  Bitcoin is a decentralized form of currency meaning that it doesn't need a central bank or authority to regulate it. Bitcoin is the first cryptocurrency to be created and it is the most popular of all coins because of its decentralized nature. Bitcoin is an open-source software meaning that it's publicly accessible to all and no one owns it. Hence, it's not owned by a central authority and the transactions are instantaneous. What is Blockchain Technology? A blockchain is a distributed record that acts like a shared database that runs on computers around the world. It provides the technical underpinning for cryptocurrencies like Bitcoin. Blockchain Technology is the backbone of new currency. It has the potential to change the world of money in terms of fraud prevention and accountability, as well as makin...