Your credit report contains information about your past and present credit transactions. It's used primarily by potential lenders to evaluate your creditworthiness. So if you're about to apply for credit, especially for something significant like a mortgage, you'll want to get and review a copy of your credit report....
Category: MoneySmart 4 Life
March 23, 2017Michael Hostetler
If you're in the market for a new car, safety should certainly be one of your concerns. Although every car must meet minimum federal safety requirements, the degree of safety can still vary considerably among different automobiles. You should consider several factors when evaluating a car's safety. Look for the ...
March 21, 2017Michael Hostetler
Investing in your own business makes sense; many businesses achieve significant growth each year. However, when you consider that many small businesses fold every year, it becomes clear that banking your retirement solely on the success of your business might not be the best idea. There is no guarantee that ...
March 16, 2017Michael Hostetler
Go out into your yard and dig a big hole. Every month, throw $50 into it, but don't take any money out until you're ready to buy a house, send your child to college, or retire. It sounds a little crazy, doesn't it? But that's what investing without setting clear-cut ...
March 14, 2017Michael Hostetler
If you have a lot of debt, you're not alone. Today, more and more Americans are burdened with credit card and loan payments. So whether you are trying to improve your money management, having difficulty making ends meet, want to lower your monthly loan payments, or just can't seem to ...
March 9, 2017Michael Hostetler
A single procedure or trip to the hospital can fill your mailbox with stacks of bills. These can come from hospitals, doctors, pharmacies, emergency rooms, labs, and many others. The stress involved with handling all of this paperwork can be almost as overwhelming as the illness or injury itself. If ...
March 8, 2017Michael Hostetler
As a business owner, you're going to have to decide when will be the right time to step out of the family business and how you'll do it. There are many estate planning tools you can use to transfer your business. Selecting the right one will depend on whether you ...
March 7, 2017Michael Hostetler
In the college savings game, all strategies aren't created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged strategies are important because over time, you can potentially accumulate more money with a tax-advantaged investment compared to a taxable investment. Ideally, ...
March 6, 2017Michael Hostetler
You're almost done with your federal income tax return, and you're already thinking of ways to spend your refund. Then, the unthinkable happens--instead of a refund, you find that you owe $3,000. Or perhaps you've just received an IRS notice in the mail claiming that you owe $9,000 for the ...
February 28, 2017Michael Hostetler
If you're considering changing jobs, you're not alone. Today, few people stay with one employer until retirement. It's likely that at some point during your career, you'll be looking for a new job. You may be looking to make more money or seeking greater career opportunities. Or, you may be ...
February 23, 2017Michael Hostetler