No matter your relationship with credit cards, it’s important to know about and understand your credit score. And whether you like it or not, certain life events can have a major impact on this number. Not sure which ones matter the most? Here are three major life events that could impact your credit score and how they might do it.
It’s no secret that you need to prep your car for the winter weather. But winterizing your vehicle can get expensive fast if you’re not careful, which might be why Americans drive the least during the winter months at 25.7 miles daily. At least 77% of vehicles on the road today need some type of maintenance or repair.
As 2019 draws to a close, many entrepreneurial individuals have set themselves a lofty goal for the coming decade: starting their own business. Creating your own startup is by no means an easy task, but it’s certainly a worthwhile challenge for those pursuing their passions. That being said, many would-be entrepreneurs struggle to get their business idea off the ground; statistics show that up to 70% of all business partnerships fail. So how can you ensure that your new business for the new decade will be one fo the few that succeeds? Here are several business-savvy tips that can help you launch your business successfully.
The holidays are right around the corner — and if you’re like most Americans, that probably means spending money you might not have. In fact, roughly half of millennials and Gen Xers are willing to add to their debt during this time of year — and 51% of all consumers say that the holidays are a good reason to increase the amount they owe. But since 70 million Americans experienced or were contacted about debt collection in 2017, those shopping decisions can have huge ramifications well into the new year.
In 2017, the U.S. spent around $3.5 trillion on health care, which is more than twice the average of other developed countries. Needless to say, we spend a lot on health. From an individual standpoint, unexpected costs can put a huge financial strain on you and your family, with bigger emergencies possibly putting you in debt.
The holidays are coming, which means now is the best time to start making your holiday budget. Budgeting reduces your risk of falling into debt, which is a lot easier than you’d think. Approximately 44% of shoppers rack up $1,000 in holiday debt every year. To help you avoid that kind of financial nightmare, here are a few simple tips you can use to keep from overspending.