-
Maximizing Credit Card Rewards: Which Card Do I Use for What?
A recent week-long trip to “The Other Coast” was not only a much-needed reset, but an opportunity to share how to maximize your credit card rewards for travel–and any other purchases in general! While “Sinking Funds” were a great tool in saving up for travel costs, a review of which credit card to pull out…
-
Avoid Increasing Your Debt this Holiday Season: Use a Sinking Fund!
Expanding on last week’s idea around increasing savings during a time of high interest rates as a way to decrease credit card debt (again, high interest rates!) segues perfectly into using Sinking Funds as a way to prepare for holiday spending! The Holidays are the one time of year we can guarantee to see an increase in spending. The…
-
ICYMI: Fed Leaves Interest Rates Unchanged: What Should I Do Now in Regards to My Debt?
ICYMI, the “Fed” (aka Federal Reserve who sets the prime interest rates and basically regulates all things finance in the US) announced last week that the rising interest rates we’ve all been experiencing lately will take a pause. What Does this Mean for Me and My Debt? It may be a good time to prioritize…
-
ICYMI: Another New Option for Discharging Student Loan Debt–A Bankruptcy Update!
When it comes to methods for eliminating Student Debt, another new policy is gaining steam! In November of 2022, The Biden Administration offered a new path for those filing bankruptcy that essentially makes it a little bit easier for Student Loan debt to be discharged. This is huge news, because, for the last several decades…
-
An Option for Student Loan Borrowers in Default: Time-Sensitive!
As we’ve been hearing recently, Federal student loan interest recently began accruing again for the first time since 2020, and payments will be due again in October. We now know about a new option for borrowers to possibly lower their payments, the new income-driven repayment plan called “SAVE”, as well as a couple of different…
-
Student Loan Payments Resume Again Soon: A Borrower’s To-do List!
Let’s talk getting back into the student-loan-payment mindset! What We Know: Payments on Federal Undergraduate and Graduate Student Loans have been in “forbearance” (meaning “paused” due to the hardship of the Pandemic) and not accumulating any interest since March of 2020. If you have been making your payments all along—congrats! Your balance could be much…
-
ICYMI: A New Student Loan Repayment Option that Could Significantly Lower Your Monthly Payments!
Student loan payments, which have been on pause and accruing no interest since early 2020 at the start of the pandemic, are about to start accruing interest again as soon as September. Payments will be required again in October. ICYMI, there is a new Income-Driven Repayment Plan option, called Saving on a Valuable Education (SAVE)…
-
Money & Romance: Post-Divorce
We talked about what to consider before divorce, as well as navigating divorce. Now, let’s touch on a few things to do coming out the other side, in order to move forward with confidence and a financial plan intact! According to statistics, divorce can result with women experiencing a 27% financial decline, while men sometimes actually experience a…
-
Money & Romance: Navigating Divorce
We looked at what to keep in mind when considering a divorce, but what if your mind is made up, and/or you’re right in the thick of it? Read below for just a few things to prioritize when it comes to making the best decisions for your finances, and, as always—not legal advice, ever! There are…
-
Money & Romance: Considering Divorce
Continuing down the Money & Romance rabbit hole..what are the financial implications to think about when considering a divorce? Since statistics have shown that, post-divorce, women experience a significantly larger decrease in their standard of living than men (thank you, Wage Gap!) it’s important that they advocate for themselves and their financial outcomes wholeheartedly thru…
