From the monthly archives:

February 2010

How to Use a Credit Card to Build Your Credit Score

My first experience building credit was with a credit card that I opened while I was attending college. Thankfully, I avoided the classic college mistake of maxing out the card in the first month of ownership, then living with debt for the next 10 years. My goal was to apply for the credit card, make [...]

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Why Military Members Should Open Roth IRAs

Military members have one of the best pension plans in the US. After 20 years of service, military members can “retire” with a 50% pension. The percentage can go higher if members are willing to serve more time. But you’ll notice I put quotes around the word “retire.” For most military members, 50% of their [...]

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VA Loan Eligibility and Financing

This is the third in a series of posts about VA loans. Military homebuyers across the country continue to flock to VA loans. These flexible, low-cost loans have helped almost 20 million veterans become homeowners since World War II. The government guarantees about a quarter of a borrower’s mortgage, giving approved lenders a greater degree [...]

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Should You Use a HELOC to Consolidate Credit Card Debt?

Credit card debt can be a budget killer, especially with many credit card companies raising interest rates.It’s not uncommon for credit cards to come with interest rates around 15% or higher. It can take 10 years to pay off your credit card debt if you only pay the minimum on each card. Even if you [...]

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