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How Does Tuition Reimbursement Work?
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woman studying and at work

If you’re working and want to continue school but aren’t sure how to fund it, your employer may offer assistance. Tuition reimbursement programs are offered by many companies. While each company has their own specific requirements, tuition reimbursement is when an employer pays for a portion of an employee’s continuing education costs. Some employers may […]

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What is the Cost to Rewire a House?
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outlet wires

Electrical issues are the third most common cause of house fires in the United States. Updating the wiring in a house is not an inexpensive undertaking, but keeping old wiring could have disastrous consequences. Modern technology demands are also reasons for rewiring a house. Powering multiple electronic devices, having adequate interior and exterior lighting, and […]

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Should I Pay Off Debt Before Buying a House?
By admin | |
hand dangling key

Ready to buy your own home? There’s a lot to consider, especially if this is your first time applying for a mortgage and you’re carrying debt. Debt is not necessarily a dealbreaker by any means. Is it a good idea to pay off debt or save for a house? Is it possible to do both? […]

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What is the Average Cost of Divorce?
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dollar bill broken heart

An uncontested DIY divorce could cost $300. For a messy, high-stakes parting, add zeros (knowing that the sum will be short of Jeff Bezos’ $38 billion). When the nuptial knot frays, average divorce costs add up to several thousand. Specifically, $13,000, on average, when a full-service lawyer handles the split, Nolo found. But all kinds […]

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Is There a Statute of Limitations on Debt?
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Is There a Statute of Limitations on Debt?

A statute of limitations on debt is a time limit on how long a debt collector is allowed to sue someone in court and force them to pay off any outstanding money owed to them. When a borrower meets the statute of limitations on a debt, lenders or creditors may no longer be able to […]

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What is an Economic Stimulus Package?
By admin | |
piggy bank with bandaids

An economic stimulus package is a set of financial measures put together by central bankers or government lawmakers with the aim of improving, or “stimulating,” an economy that’s struggling. Individuals in the US during the past two decades have witnessed two major periods when stimulus packages were used to boost the economy: first, after the […]

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How to Have a Baby Shower on a Budget
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How to Have a Baby Shower on a Budget

It’s an honor to be asked to throw a friend or family member a baby shower. But along with that honor, often comes a hefty price tag. Between the food, flowers, decor, and favors, the cost of these soirees can add up quickly. Fortunately, you don’t need to spend a fortune to throw a fun […]

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Everything You Need to Know About Hypothecation
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Everything You Need to Know About Hypothecation

Hypothecation may be a word you’ve never heard, but it describes a transaction you’ve probably participated in. Hypothecation is what happens when a piece of collateral, like a house, is offered in order to secure a loan. Auto loans and mortgages involve hypothecation since the lender can repossess the car or house if the borrower […]

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Preapproved vs. Prequalified: What’s the Difference?
By admin | |
couple standing outside of their home

What does it mean to be prequalified or preapproved for a mortgage? The two words are often used interchangeably, but they aren’t the same thing and don’t carry the same weight when a hopeful homeowner is ready to buy. Here’s a look at how these two steps vary, how each can play a significant part […]

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7 Tips for Improving Your Financial Health
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If you often feel worried about money, or you tend to wing it from one month to the next without much of a plan in place, you might benefit from taking a few steps to improve your financial health and habits. While being financially healthy means different things to different people, it generally refers to […]

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