The average FICO score in the U.S. is 704. This is the highest average score since 2005. Americans are doing better with their credit. A big reason for this is the availability of information. When you are educated about your credit score and how it is calculated, you better understand how to manage it. Keep reading to learn more about …

Research shows that nearly 6.5 percent of U.S. households don’t make use of a bank. If you belong to this group, you might be looking to open your first bank account. However, you might wonder whether it’s a good idea to open accounts with many banks, or just one. Especially if you’re looking to use a bank for more than just …

Do you have dreams of making huge profits in a short amount of time? That isn’t surprising. Day trading has an allure that not every profession has. What could be better than replacing your day job and making a lot more money? But not everyone can do this. In fact, only 4.5% of traders will make enough money to live …

Author: Benjamin Lee Credit cards; on occasion they can be a lifesaver thanks to the easy access to cash. When mismanaged, however, runaway credit card debt may ruin your life. A bit dramatic? Perhaps, but the fact of the matter is; credit card debt is a major problem. From shopping sprees to vacations, people are often guilty of using debt …

Are you wondering which loans to pay off first? The reality is that you are not alone. Your financial awareness can help you avoid common mistakes made by many people. Did you know that almost 40 million Americans today live in homes they cannot afford? Well, this is because most people don’t understand their financial situation. These repayment tips are …

How do you make a house into a home? The answer is by making it into a place that reflects your personal tastes and needs. However, if you’re on the fence about investing in renovations to achieve that, then it pays to know reasons why renovating makes sense. Here are five reasons to renovate your living space… 1. Increased Property Value Putting …

You’re tired of the day in and day out grind of your job. You’re ready to set out on your own with a business that excites and support you. The only problem is that you’re starting a business with no money. Doesn’t it take money to make money? It seems that way! Continue reading this article to learn how to …

The use of credit cards has always been popular in the USA and other European countries. It’s since the early 80s that they have been using credit cards, and today, according to a survey conducted, nearly 82% of the total yearly transactions are carried out through credit cards. In India and other Asian countries, the concept of using credit cards …

The stock market can be a competitive place, but that does not necessarily mean that it is extremely difficult to make good trades. There is enough room in the market for the majority of the traders to make money. Hence, for anyone starting out at the share market, it must be realized that it is in your hands to make …

Right now, American consumers have over $1 trillion in total revolving credit debt and an average credit card balance over $6,000. That’s what happens when you don’t use credit cards responsibly: constant debt you can’t get rid of. But when they are used responsibly, credit cards offer loads of helpful benefits that will improve your financial standing. They can help you …