Debt can feel scary. Between the seemingly endless payments, the possibility of bankruptcy, the potential for negative net worth, and the general unease of owing money; it’s just not fun. But should you pay off your debts early? If so, which loan should you pay off first? Or should you set aside savings instead?
It was 2009 when the Credit Card Accountability Responsibility and Disclosure Act (the Credit CARD Act) substantially changed the playing field for credit card issuers and users. It improved how interest could be charged, how terms could be changed, how fees could be assessed, who may be issued a credit card, and much more. Still, […]
I expect to be around for a long, long time. Long enough to glare at your boyfriends, to walk you down the aisle, and to coo at my grandchildren. But you never know. And since I’m a financial advisor, I thought I should write down some of the most important financial guidance I know, in […]
It was one of the most intriguing calls I’ve ever received. “Hi, Ken. I’ve read some of your writing on personal finance. I just found out I have a perfect credit score, and thought you might like to know how I did it.” Frank (not his real name) had just bought a car. When he […]