How To Build Credit

How To Build Credit

Freshly-minted college grads often have a tough time finding what they want to do in their first job. It’s usually not going to be the dream position for the hottest employer, but rather a low-level 9-5 corporate gig. It takes experience and further skills to work...
How To Pick a Credit Card

How To Pick a Credit Card

Credit cards can be great tools to help our everyday finances. The average Michigander has about $6,000 in credit card debt, so you certainly want to be diligent about paying your balance away in full each month to avoid very high interest charges. You also want to...
Managing Consumer Debt

Managing Consumer Debt

Recent data showed that US consumer debt hit an all-time high, surpassing levels from the Great Financial Crisis. It’s not surprising as there are more people in the country today versus then and inflation matters. The good news? Consumers have also shored up their...
The Importance of an Emergency Fund

The Importance of an Emergency Fund

CNBC reports that only about three in 10 U.S. adults have six months’ worth of expenses saved in what is dubbed an ‘emergency fund’. Some call it a rainy-day fund. An emergency fund is simply cash saved in a checking or savings account that you can tap when ‘life...
Basic Budgeting Principles

Basic Budgeting Principles

A good method to get started on the path towards a healthy spending lifestyle is to track your income and expenses. Getting in the habit of budgeting not only helps you how much you have coming in, but it can also make you a more aware and savvier spender. Spending is...