It’s a question most of us ask ourselves at one point or another: “How am I doing financially compared to my peers?” While you can’t necessarily base the health of your finances on your friends' bank statements, it's a natural instinct to want to know how you measure up.
And if you happen to be a Millennial, you know how closely the world is watching you, especially when it comes to your career and finances.
If you feel like you’ve run out of options for paying your student loan debt, you may be considering bankruptcy. But is that even possible?
Filing for bankruptcy on your student loan isn’t easy, and it doesn’t always work. You can file for Chapter 7 or Chapter 13 bankruptcy. Note that neither of these options wipes away student loan debt like they do other personal debts, such as credit card debt or personal loans.
If thinking about how to pay off your mounting bills has you stressed out and feeling like it won’t happen in this lifetime, then listen up: just because you’ve accumulated debt doesn't mean you have to live with it forever.
Here we’re going to discuss eight proven strategies that can help you start chipping away at your debt.
The tax bill that was signed into law in December 2017 very nearly included a number of provisions that would have been disastrous for both current and former student loan borrowers — like eliminating the student loan interest deduction and tax-free tuition waivers for graduate students. Fortunately, most of the radical changes originally on the chopping block were rejected.
So what do you need to know about how the new tax bill impacts student loans? The quick summary is this: Not a whole lot has changed and there's at least one positive addition — removing tax liability from discharged student loans in the case of death or disability — that will make paying back student loans just a little bit easier.
If you’re torn over whether to rent or buy your next home, you’re not alone. While being a homeowner has many benefits, home ownership is not necessarily the slam-dunk decision it used to be.
It may be better to rent if you're planning to move within a few years, if you can't put down a sizable down payment, or if it would cost you less to rent a comparable home in your area. Let's dig in a little deeper.
Did you know that more than half of millennials have asked for a bump in pay in the last two years? But that’s not all: nearly 80% of those who asked were told yes, according to a recent report from NBC News.
After reading this, you might have the urge to march into work tomorrow and ask for more money. Good for you. But before you do, let's get you in the right mindset.
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