There will be times in your life when you will be short of funds. You may be unemployed or have a personal disaster that has left your bank account empty and bill collectors pounding on your door. You need to find a way to get out of debt. Bankruptcy should be your last resort, and this blog post will help show you how to avoid bankruptcy.
Long-term care should be part of everyone’s retirement planning. Just as everyone should have a retirement fund, ensuring you have a long-term care plan is just as important. With the population rapidly aging, you can expect to see long-term care changes, which is why you should start planning now.
We all know that there is no such thing as a get-rich-quick scheme, but flipping houses may come close. Real estate is usually a solid investment, and if you find the right property in the right neighborhood, you may be able to make some strategic improvements and sell it for a profit in a relatively short time.
Like any investment, house flipping has risks. If a flipper miscalculates remodeling costs or chooses the wrong area to buy, they could lose money. Making money flipping houses requires doing research, picking the right property at the right price, and having the patience to allow property values to rise sufficiently to yield a profit.
When your kids go away to college, it’s usually the first time they have truly been out on their own. That also means it’s the first time they have had to take care of their own expenses, such as paying for meals, books, entertainment, and transportation. It’s the financial lessons you learn in college that lay the foundation for the rest of your life. This is the perfect time to consider banking with your local credit union or college credit union.
The economic upheaval caused by the pandemic has made many people cautious about taking on debt. Believe it or not, carrying some debt can be useful, especially if you are looking to build credit. Your credit rating isn’t based on how well you manage your savings but on how well you manage your debt. If you want to build credit from scratch, it pays to understand how to use debt as part of your financial plan.
Jordan Lehrman Will Lead Efforts To Improve Member Experiences and Enhanced Technological Vision for the Credit Union
VANCOUVER, Wash., October 7, 2021 — iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, announced that Jordan Lehrman is the organization’s new chief technology officer. He began in the position on Aug. 30, 2021.
Homeownership is an aspiration for most Americans. During the COVID-19 pandemic, there has been a spike in home sales. According to the U.S. Census Bureau, there were approximately 82.8 million homeowners in the United States, which is an increase of 2.1 million over the previous year. Anyone can buy their own home if they can get a mortgage.
Buying a house is probably the biggest financial commitment you will make in your lifetime, which is why finding the right mortgage seems so intimidating. Mortgages don’t have to be scary if you know how to look for the best mortgage rate, monthly payments that fit your family budget, and minimal fees.
Financial independence is something everyone strives to achieve. You want to have a solid financial foundation so you are prepared for any emergency and can achieve your long-term goals. If you can eliminate money worries, you will have less stress, which can prolong your life. How to become financially independent is the real question. The answer can be summed up in one word: planning.