finance some of our biggest goals in life. They can provide access to possibilities that we
can’t afford upfront—possibilities like going to school, buying a home or starting a business
(to name just a few).
You’ve likely heard about credit scores before (thanks to all those commercials with terrible
jingles), but what do you actually know about them? How long have they been around? And what’s
the deal with checking them?
Credit scores are an area of personal finance that seem a lot more mysterious than they actually
are. Many people believe that improving them is a matter of trial and error and, as a result,
there’s a lot of “credit score advice” floating around that can end up doing more harm than
If you’re considering financing your college education with the help of a student
loan, the smartest thing you can do for yourself is to only borrow what you truly need.
Pursuing post-secondary education should be an exciting time in your life. You’re making
decisions and opening up possibilities that will shape your future—a future that is
adventurous and fulfilling and that decidedly does not include years and years of crippling
Consumer debt is an extremely contradictory part of our personal finances: it’s at once
common and incredibly personal. To some, a debt might signify a major accomplishment or
progress toward a large goal. To others, it might be a constant reminder of a time of crisis
or hardship. It is perhaps these differences that make it challenging to talk openly about
debt for fear of judgment.
Asking the right questions is an important part of every financial decision you make, and
home ownership is no exception. There are questions for your financial institution,
questions for your mortgage broker and questions for your real estate agent. But what about
the questions you should be asking yourself?
The COVID-19 pandemic is a sobering reminder that financial challenges come in all shapes and
sizes. Some obstacles—such as job loss or income reduction—are immediate and
obvious. Others—such as fear or uncertainty about the future—are more subtle, but they can
still disrupt our regular spending and saving patterns in a negative way.