save money
Boost your credit score
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vote
You need to have great credit to take advantage of today's lower interest rates. The following are some tips to boost your credit score.
Your credit score is incredibly important to your financial life. It determines whether you get loans, the interest rate you pay on those loans, and the terms you get for any borrowing. It can also determine whether or not you can get an apartment; it can help determine your insurance rates or premiums; employers can look at this also to determine whether or not to give you a job, or to promote you.
Read more »
Your credit score is incredibly important to your financial life. It determines whether you get loans, the interest rate you pay on those loans, and the terms you get for any borrowing. It can also determine whether or not you can get an apartment; it can help determine your insurance rates or premiums; employers can look at this also to determine whether or not to give you a job, or to promote you.
Is It Better to Buy or Rent?
131
vote
The New York Times’ “Is It Better to Rent or Buy?” calculator compares the cost of renting versus buying an equivalent sized home to determine in the long haul which is a more money-wise move. Give it your monthly rent, the projected price of buying a home (including down payment, mortgage rate, and property taxes), and it'll determine an estimated number of years it would take for buying to be better or worse than renting. Read more »
Use cash and pay your credit card biweekly
87
vote
If you feel like you are stuck in a neverending cycle of not having enough money, falling further and further behind on your credit card and other bills, and just plain cannot seem to properly manage your finances, then these 2 suggestions might be your best answer...
One way to save money and reduce debt is to cut back on the use of your credit card(s) and make payments every other week, rather than every month.
One way to save money and reduce debt is to cut back on the use of your credit card(s) and make payments every other week, rather than every month.
Answers to Investing
