First, to make the best decision for your situation, think about the type of life insurance you have and the reason you secured the policy in the first place. Is the need still there? Also, know the type of insurance you have. Do you have a term life or whole life policy? A term life […]
Continue ReadingWhile some people seem to have an astonishing number of credit cards, there is no “correct” number of credit cards to aim for. The average American has about four credit cards, according to Experian, but the right or optimal number for you will depend on a variety of factors. These include your credit history, financial […]
Continue ReadingYou probably hear the terms credit score and credit report all the time. But do you know how they’re different – and why they’re both important for your financial health? Your Credit Report and Where to Get It Your credit report is a detailed review of your credit history – that is, your history as […]
Continue ReadingSimply explained, dollar-cost averaging means you invest a specific amount of money into the same asset (such as a stock or exchange-traded fund) at predetermined intervals (such as monthly or quarterly), rather than investing with one lump-sum purchase. If you are regularly contributing to a 401(k), you may already be employing a dollar-cost-averaging strategy and […]
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