Personal Finance

Dream of Retirement? You Should! But It’s Expensive.

A recent Merrill Lynch Finances in Retirement survey found that the average cost of retirement for a U.S. worker, as of March 2017, was a staggering $738,400. Another survey by Fidelity estimates that a couple who retired at 65 have, on average, $260,000 of health care costs during retirement.

Posted on August 9, 2017

How to Start Managing Your Retirement Savings

Saving can seem like a daunting task, especially if you’re not entirely confident in your investing abilities or secure in your current financial situation, but that doesn’t mean you shouldn’t try. There is rarely universal agreement among financial and investment professionals, so the fact that everyone says you should save for retirement, preferably as early as possible, should be a pretty clear indicator that it’s a good idea.

Posted on August 9, 2017

Important Lending Protections for Military, The Military Lending Act

The Military Lending Act (MLA) says that you can’t be charged an interest rate higher than 36% on most types of consumer loans and provides other significant rights.

Posted on August 7, 2017

How to Start Building Credit History

If you’re a recent graduate looking to start building your credit history, have no fear. Follow these simple tips to start your financial life on the right foot. How to Start Building Credit from American Financial Solutions   Start With One Credit Card Don’t open too many credit cards right off the...

Posted on June 1, 2017

Minding the gap: A practice in financial feminism

Here are some worrisome facts if you are female: Women are twice as likely as men to live below the poverty line during retirement. This is especially true for single and minority women. And women continue to make less during their working years than men. The good news is that despite the unique challenges women face when it comes to saving and planning for retirement, women continue to outperform men when it comes to investing.

Posted on June 14, 2017

Creative Ways to Pay for College

Financial Aid Before you start looking into other ways to pay for your college experience, filling out the government’s Free Application for Federal Student Aid (FAFSA) is an important first step. Depending on your academic history and current financial situation, you might qualify for multiple student grants and scholarships without...

Posted on June 1, 2017

Seven Inexpensive Ways to Celebrate Mother’s Day

Seven Inexpensive Ways to Celebrate Mother’s Day

Posted on May 3, 2017

Too Much Debt, What to do When You Are Juggling Bills

Useful tools to help you make decisions on paying bills.

Posted on April 19, 2017

The Pros and Cons of Owning a Home

Buying your own home is a cornerstone of the American Dream and likely one of the biggest financial decisions you’ll ever make. Without proper consideration and planning that dream can turn into a credit nightmare. Before you buy it’s important to consider all the potential pros and cons, so you can make an educated purchase.

Posted on March 14, 2017

Mortgages – Five Tips for Paying Off Your Home Faster

Maybe you have heard your parents or grandparents talk about a mortgage burning party and wondered how they ever finished paying off their home loan. While it may seem like a daunting task to reduce the amount of time and interest you pay on a mortgage, there are at least five things you can do to pay a mortgage off early.

Posted on March 1, 2017