Personal Finance

If someone depends on you, I recommend getting a good life insurance policy. They’ll be taken care of no matter what happens. Not everyone needs life insurance. If you’re 20 years old and single, without any dependents—don’t worry about it. When should you get life insurance? Certain life events should trigger the purchase of a […]

  What happens when you stop paying credit cards? Will you get arrested and thrown in jail? No, that’s not quite how credit cards work. But if you stop paying your credit cards, you could destroy your future financially. When you add it all up, you’ll pay hundreds of thousands of extra dollars over your […]

Aren’t credit cards bad? Don’t they trap people in a ton of debt? Not quite. Credit cards are a tool. When used the right way, they can help you build wealth. If used irresponsibly, they can trap folks in a cycle of debt that’s very difficult to break. Here’s how credit cards work. Let’s go […]

How much car can you afford depends on your financial situation. See this easy trick to estimate how much you need — and how to save for it.