While prom may be the most anticipated night of a teen’s life, it really doesn’t have to be one to break the bank. It’s easy to let the spending get out of control so you need to prepare yourself to…
Free Credit Freezes and Other Legal Changes You Should Know
Although big banks stole most of the spotlight in the Economic Growth, Regulatory Relief, and Consumer Protection Act, the new law includes improved fraud alerts and credit freezes for consumers. The law President Trump signed late last week had attempted…
Why 20% of Baby Boomers Are Retiring With Massive Mortgage Debt?
Baby Boomers, the golden generation born between 1946 – 1964, is in big trouble. Â Regardless of how hard they worked through their lives, at least 20 percent of them will not be able to enjoy their retirement. Several studies have…
Higher Credit Scores Needed For Home Purchases
Average Homebuyer Score Rose from 700 in 2005 to 732 in 2016 Welcome to the 2018 home-buying market: Rising demand and an extremely tight supply of homes, especially in the critical starter-home market, make it difficult to realize your goal…
How Has the Consumer Financial Protection Bureau Changed Under Trump?
President Trump promised changes in Washington upon his election. Whether you are a Trump fan or foe, there’s no question he’s succeeded in that goal. Sometimes the change is precipitated by the President’s choice to lead an agency, as in…
Creating a Plan to Pay Off Your Debt
Make 2018 the year you get serious about your debt. The longer you put off this problem, the more it will grow. Don’t let compound interest overwhelm you. Follow these simple steps to make a plan and pay off your…
How Do Credit Bureaus Differ?
Do you know your credit score? More importantly, do you know where your credit score comes from and why it’s so important to your financial health to understand your credit score. So, how do credit bureaus differ? Credit scores are…
10 Baby Items You Think You Need, But Really Don’t
Between the time when you are expecting, and continuing up through showing off your new baby as a proud mother or father, you will be bombarded with advertisements, endorsements, plugs, and discussions of all of the purchases that you will…
The 365 Day Money Challenge
We all want or even need more money in our bank accounts. If we didn’t we wouldn’t go to work every day, instead, we would stay home and get caught up on whatever show we’re binging on Netflix. But what…
How Canadians can Improve Financial Literacy
Despite living in the digital age and almost everything is accessible through the internet, there are still a few parts of businesses wherein the internet doesn’t exactly reign supreme. In a recent study by lowestrates.ca, people compare vacation options, but…
Alternative Ways to Tackle Debt
Nobody wants to be in debt, but if you find yourself in a bind you will need a solution to your financial problems bad credit loans are readily available to folks nowadays. Yet, many people still believe that if you…
Key Tips for Getting the Best Refinance Deal for Your Home
While most people don’t enjoy having to spend the time and effort that’s required to get a home loan, it is important to remember you don’t have to stick with the same mortgage forever. In fact, while you may groan…
Looking for a Writer
If you’ve been following Personal Finance Advice, you know that we like to encourage our readers to also contribute to our blog. The PFA team is excited to announce that we are looking for a new volunteer blogger(s) to regularly…
Top Tips on How to Keep a Good Credit Score
Having a bad score is not something you want to have in your life. That being said, it’s not like you can snap your fingers and raise your credit score either, or everyone would have a perfect score. But there…
The Art of Gap Trading
What are the benefits of day trading? Well, if you are stuck in a boring cubicle job, learning money-making skills to escape and control your financial destiny is one of the main benefits. What starts you out on that path…
Five Tips to Save on Your First Apartment
Moving into your first apartment is quite a thrilling experience. It’s a mix of freedom and stress that keeps you in a good work routine. Even when things get hairy, you find the drive to keep going because, after all,…
Questions for Personal Investing
In this article, we suggest 5 questions you may have which relate to your own investment portfolio. Everyone has a different set of circumstances, so we can’t cover everything here but it’s a good starting point to get your thinking…
5 Expert Tips on Managing Your Money After Retirement
You work your entire life and as a reward, you get to retire. But the reality is that your ‘work’ does not end the moment you receive your gold watch. Instead, you need to keep managing your money to make…