8 Simple Ways to Stretch a Dollar

8 simple ways to stretch a dollar

Living within your means is the foundation of financial health. But, that’s easier said than done. If you find yourself in the red at the end of too many months, you’re not alone. “Sticking to a budget” is the No. 1 financial challenge for Americans, according to a recent GOBankingRates survey.

Here are some suggestions that might help guide you on the road to your financial health. Continue reading

Good Debt, Bad Debt for Millennials

Good Debt Bad Debt Image

There are really two kinds of debt.  Bad debt is money you owe and have little chance to repay.  Credit card debt can stay with you for a long time, particularly with high interest rates.  You can end up paying off that mall shopping spree long after the clothes you bought have made their way to the local charity shop. Good debt, on the other hand, represents a risk you’ve taken, and may yield a financial reward.  Opening a business involves taking on a loan, but in exchange, you have the chance to build a constant source of cash for your life.  You need a loan to buy a house, but you can always sell the house, often making a tidy profit. Continue reading