All debt is very similar: We take it now and give it back in the future. But since debts can have positive or negative results, they are usually considered good or bad debt. When you want to reach out for your accomplishments, good debt can help you out. On the other hand, bad debt can be pretty expensive for you. Before you take any debt, […]

How Inflation Can Hurt Your Credit Indirectly Inflation is the inevitable progression of prices of goods and services over time. Inflation is tracked by the federal government through statistical measurements called the consumer price index (CPI). The CPI measures costs of consumer goods and services, and segregates it into tracking food and energy prices. Inflation is the combination of a price rise and lowered buying […]

Money-saving Secrets Saving is hard, but the consequences of mindless spending are harder. If your previous year’s budget and expenditure made you think about saving, then here are three interesting hacks for maximizing your savings, and minimizing your spending guilt. 1.  Specific Planning with Monthly Mini Goals Right from the beginning, have a clear idea of the number that you want your savings account to […]