This category is dedicated to saving money. Filled with tips to save money and things we’ve done to save money.
Oh, student loans. We lament you! Student loan debt is fast becoming a crisis to rival credit card debt. Currently, more than over $1.48 TRILLION is owed by about 44 million current and former students in America. This means young people are saddled with $20k, $30k, $50k, even $100k in debt by the time they …
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Personal loans are a big category, and can vary greatly depending on the type of loan. However, there are some basic things to keep in mind when you are looking at taking out personal loans, and as always, understanding that interest is key to Money Earned through Money Saved. Technically, everything already mentioned (mortgages, credit …
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Now let’s talk about credit cards, the loans that most people will pay interest on. Credit cards are a little different because they are revolving credit, meaning that the amount of credit extended can be borrowed again once paid. They are also different in that the interest on any balance carried is charged daily. Yes, …
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First up is mortgages, the type of loan where you’ll pay the most interest. With a mortgage, people often make the mistake of thinking that their payment is going mostly to the principal. WRONG! Especially in the beginning, a significant portion of your payments go toward the interest, not the principal! You may not know …
