What does Prime Rate mean?

Prime rates

Q: What is the prime rate and why does it matter? A: The prime rate, or prime, is the current interest rate that financial institutions in the U.S. charge their best customers. How is the prime rate determined? The Federal Reserve System, which is the central bank of the United States, sets the federal funds […]

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Tips for Buying a Used Car

Buying a Used car

Tips for Buying a Used Car But buying a previously owned vehicle can be a great way to save big on one of your most valuable possessions.  You do have to do your homework however, and be careful with the car you are buying. If you are shopping for an amazing deal on wheels during […]

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Be More with Less

minimalism and bare feet

Be More with Less: Look around your home, your room and your life. How much useless stuff is crammed into every available corner and taking up your valuable space, time and money? More importantly, is any of it actually making you happy? Courtney Carver believes that our obsessive drive to acquire more stuff complicates our […]

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Flipping Houses

Flip a House

In the 2019 real estate market, home-flipping has become more popular than ever. Flipping houses is a basic real estate investment concept that involves purchasing a rundown or undervalued home at the lowest possible price, spending the necessary time and money fixing it up and then selling it for a profit. Flipping or rehabbing homes […]

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Energy Efficient Appliances

Couple looking at energy efficiency ratings on appliances

Our dependence on energy increases daily.  With energy-dependent technology driving our lives, ecologists continue to search for ways to save our environment.  Focusing on energy-efficient appliances is one way to do that. Your monthly electric bill may not itemize the specific usage of each appliance in your home, but you can ask your local electric […]

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Is Life Really Getting More Expensive?

Grandparents often take care of kids while parents work

If you feel like the middle-class squeeze is getting tighter, you are not alone.  The numbers don’t lie: Life really is a more expensive than it used to be. Let’s look at what life costs now compared to 20, 50 and 80 years ago. 1. Housing Today, the Great American Dream of buying a house […]

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Avoiding the Credit Card Trap

Shows two people struggling with finances

Did you know the average American household carries $6,358 in credit card debt? If that isn’t alarming, consider this: A debt of $5,000 with an average interest rate of 24.99% where only the monthly minimum payment is made can accumulate $4,823 in interest over five years.  That means you’ll pay almost double the amount you […]

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How Much Should I Invest In Retirement?

two people looking at computer

Experts recommend allocating 15% of your monthly income toward retirement. Before you start exploring your options, though, you will need to set a goal, or a target number.  This number will represent how much you need to have saved for living comfortably and independently throughout your retirement.  A good way to set a target number […]

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Great Grocery Apps to Make Your Life Easier

Grocery Shopping

Grocery shopping is an inevitable part of life. Whether you choose to do your shopping at the corner grocery, Whole Foods or your local supermarket, remembering what you need and trying to stick to your budget can be difficult. Wouldn’t it be fantastic if this chore was a little easier?  That is the goal of […]

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5 Ways to Avoid Credit Card Fraud

Keep your credit cards safe. Store your cards in a secure wallet or purse. After making a purchase, immediately return your card to that place. Don’t allow websites to “remember” your card number. Only let secure payment portals, like GooglePay and PayPal, remember your card number. An even better practice is to never check the […]

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