When people retire, they may have trouble making ends meet. According to a survey by Bankrate that was reported by CNBC, 65 percent of Americans have very little or nothing saved for their retirements, leading more than half to struggle during retirement. One option that many older adults might have available to them to help them to make ends meet during their retirement years is a reverse mortgage. Eligible homeowners may be able to use the equity in their homes to supplement their retirement incomes.
Thanks to online savings accounts, 1.8 percent interest has never been this exciting. With federal interest rates increasing for the first time since 2004, Internet-based banks are poised to steal customers away from the brick-and-mortar scrooges. If you’re thinking about switching banks, here are a few tips for choosing the best savings account. We’ll also talk about what you’ll get (more interest) and what you won’t get (monthly surcharges).
Whether you’re looking to boost your bank account or just get rid of some clutter, your unwanted and outdated gold and silver jewelry can be converted into cash. With precious metals steadily gaining in value, there is great demand for gold and silver.
When you want to buy a house, get a car, or apply for a job, your credit score will play a role in the outcome. If you are like many people, you don’t fully understand your credit score or how it works, which can lead to problems if you don’t address the issue. Taking steps…
It’s important to keep a close watch on your credit report and score now that identity theft and credit card scams are rampant. You may already order your free annual credit report from all three credit bureaus, but yearly checks aren’t enough if you want to catch inaccuracies or signs of fraud before they negatively impact your financial reputation.
If you aren’t using a business credit card for your business expenses, then you’re leaving money on the table in the form of reward points or cash back. When used correctly, a business credit card is a valuable tool that you can use for either financing your business or simply earning a return on the…