Credit Cards, Mortgages, Insurance & Personal Finance
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Actived: Saturday Mar 6, 2021
Living on a Low Income | MoneyGeek
For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income. For a five-person household, the FPL is $30,170 and the cut-off for low income is $60,340. There are significant racial disparities within the low income earner population.
The Guide to Budgeting | MoneyGeek
-Cut your grocery bill by clipping coupons and shopping at more affordable chain stores-In the winter, lower your thermostat by 10-15 degrees while you're at work. The U.S. Department of Energy estimates this can save up to 15 percent on your heating bill. Discretionary expenses: This is the spending category where you have the most control.
How To Use & Find the Best Cash-Back Credit Card | MoneyGeek
By law, the introductory rate must be six months, but 12 to 18 months is common for teaser rates. Your goal is to pay off the card monthly. A card's interest rate matters if you can't pay off the entire balance. A cash-back card isn't right for you if you expect to carry a balance because the interest cost will exceed the cash back you receive.
How to Find the Best Cruise | MoneyGeek
"In major port cities, you can find 2-for-1 coupons and discounts up to 40 percent off using e-coupon sites like Travelzoo, Groupon and LivingSocial," suggests Hannon. Prepare for the worst If you think you might get seasick, consider going to see your doctor for prescription medication (like Promethazine or a Transderm Scop patch) at home
25 Ways to Reduce Monthly Spending and Save More
Check prices at a few local spots, look out for coupons, or learn to change the oil yourself. Even putting $15 or $20 back in your pocket every time can add up. Get Car Repairs From Students. If there's an auto mechanic vocational school nearby, they may be happy to practice fixes on your car, at a reduced rate. Try Beauty School Haircuts
Baby and Pregnancy Costs | MoneyGeek
Fortunately, over-the-counter remedies—provided your doctor approves them—are typically not too expensive, and for the budget-minded, it's possible to use coupons or find generic brands that cost less. For morning sickness, it's also cheap and easy to sip hot water with ginger steeped in it, or nosh on a pack of saltines to settle your stomach.
Financial Survival Guide for Single Parents: Expert
You’ll want to pay off loans or credit cards that have the highest interest rates because you’ll save the most money that way. Experian analyzed consumer debt from 2009 to 2019 and found that “average student loan balances saw the largest increase in the past decade — growing more than $15,000, or 73%.
Understand & Calculate the Cost of FHA Mortgage Insurance
Mortgage life insurance pays off a loan when a borrower dies. Although mortgage insurance protects the lender, the borrower pays for it. The benefit for the borrower is that mortgage insurance acts as an incentive for lenders to make loans to borrowers whose down payment is smaller than 20 percent — sometimes a lot smaller.
How to Budget for the Holidays: Expert Advice & Resources
Retailers such as Target, Wal-Mart and others eventually mark items down to 75–90% off the retail price. 3. Create a holiday savings account. Many banks allow you to open free savings accounts and automatically transfer a set amount of money after each paycheck. Set this up early so you can enjoy the rewards without thinking about it all year.