You thought you were being responsible by making the minimum payment on your credit card a month early, so you're surprised — and peeved, let's be frank — when a late fee appears on the following month's statement.
You could be in the position to splurge on a sexy, sporty sedan to celebrate your divorce. On the flip side, the loss of your spouse’s income contribution to the household could be greater than your drop in expenses.
Either way, a post-divorce budget will let you know where you stand with your finances, help you avoid getting whacked with surprise expenditures, and keep you on a steady course of financial stability.
Job loss ranks as one of the top stressful events we encounter during our lives, right up there with a death in the family, a serious illness, and divorce. It not only can crush you emotionally and wreak havoc with your self-esteem, it can devastate you financially, especially when you're unprepared...and let's face it, most of us are caught short when we're handed a pink slip. The financial impact of job loss is probably the toughest challenge to face during this time, so it's critical to develop a plan that reduces as much financial stress as possible. Here are nine steps to take when you're facing unexpected unemployment:
If you've been working to boost your credit score or researching auto loans, you've probably come across the phrases "hard inquiry" and "soft inquiry" in relation to your credit report. What makes one inquiry "hard" and the other "soft," and why is knowing the difference important for your financial health?
Let me first start by admitting that today, I love to save money. Not just on stuff like groceries, shoes, electric bills, and plane tickets, but actual cash I can tuck away and watch grow. This wasn't always the case. In fact, I was the child in our family whose allowance disappeared before everyone else's, blown on things like candy and comic books when I was younger; makeup and movies when I was a teenager.
If you've ever wished there was an easier way to save for a down payment on a new car or build an emergency savings account and get a great rate of return on your money, you need to check out our automated savings program, CU Thrive. Right now, it's paying a 4.89% dividend, a rate that's really hard to beat. Here's how it works.
The holidays are here, good cheer abounds, friends and family members gather around the table to celebrate, and then suddenly your status-conscious cousin looks at you and blurts, "Hey, how much are they paying junior partners at your firm these days? I'll bet you're making some bank, eh?" Or it could be Grandma with genuine concern in her eyes, asking, "When are you going to get a real job so you can afford your own place?" Or your out-of-town college buddy who peppers conversation with questions about how much you spent on your new home, what the appliances in your kitchen cost, and what kind of credit score you're sporting these days.
Late last week, Marriott International announced they experienced a "data security incident" involving their Starwood guest reservation database. Their investigation showed that there had been unauthorized access to the database, which contained information on up to approximately 500 million guests who've made reservations at a Starwood property.*
There's no better time to score a great deal than during the Black Friday/Cyber Monday sales, but it's also prime time for the scam artists who've become increasingly adept at scoring personal data and credit card information via a variety of sophisticated techniques. And if you think you can't be outwitted by these nasty characters, think again.
A year ago you went 45 days past due on a few of your bills when you lost your job. Luckily, you were able to find a new position quickly and catch up on the amounts you owed. Now you’re ready to apply for a mortgage, but when you check your credit report — yikes! Those negative items stand out like klieg lights, beacons attracting the wrong kind of attention you want from a mortgage lender.