MY BLOG
4 Individual Retirement Accounts
https://youtu.be/qxMi3Dh-5pM There are several types of retirement accounts available in the United States, each with its own unique tax advantages and eligibility requirements. Here are examples of four different types of retirement accounts you can consider...
What is a high yield savings account and 3 banks that offer them!
A high yield savings account is a type of savings account that offers a higher interest rate compared to a regular savings account. The higher interest rate allows your money to grow at a faster pace, making it an attractive option for individuals looking to earn more...
The Fico Score Credit Ranges of 350-850: What does it mean?
FICO scores range from 300 to 850. Here's a breakdown of the credit score ranges according to FICO: 300 - 579: Poor. Individuals in this range are considered high-risk borrowers. It can be difficult to obtain credit or loans, and if approved, the interest rates are...
How is your FICO score calculated? There are 5 factors.
FICO scores, which are commonly used by lenders to assess an individual's credit risk, are based on several factors. The FICO score is calculated using the following components: Payment History (35%): This is the most significant factor in your FICO score. It assesses...
Federal Student Loan Repayment Options
it's crucial to check the official Federal Student Aid website or contact your loan servicer for the most current information. As of 2021, here are the main federal student loan repayment plans: Standard Repayment Plan: This is the default repayment plan. You make...
Wait! 4 Easy Apps For Budgeting
There are several easy-to-use budgeting apps available that can help you manage your finances effectively. Here are four popular ones: Mint: Mint is a free budgeting app that allows you to track your spending, create budgets, and set financial goals. It automatically...