Medicare 101: Tips for Choosing a Medicare Plan
Medicare is a health insurance program offered by the federal government. Part A pays for care received in hospitals, hospice centers and skilled nursing facilities (SNFs). Part B covers other medical services, such as doctor visits, home health care and preventive care. Durable medical equipment, such as infusion pumps, nebulizers and suction pumps, also falls […]
How Your Debt Is Mentally Draining You (And What to Do About It)
In many ways, it can feel like debt is an unavoidable part of life. The average American holds $104,215 in debt across mortgages, credit cards, car loans and student loans. But, just because debt is so “common,” doesn’t mean it’s easy. The mental toll of owing a lot of money to lenders is undeniable. If […]
Auto Loans 101 – 7 Steps To Securing a Loan
Buying a car is one of the biggest financial decisions someone will make in life, outside of purchasing a home. And the reality is, most people are not buying their vehicles in cash, meaning they will need an auto loan. The loan market can be overwhelming when it comes to choosing the best one for […]
The Dangers of Payday Loans: How to Avoid the Cycle of Debt
When you run out of money before payday, making your payments on time is tough. You need a quick solution to keep your belly full and your lights on. Payday loans seem helpful, but they’re one of the most predatory financial products on the market. Learn more about the dangers of payday loans and discover […]
AARP and Technology: Bridging the Generation Gap
As technology continues to become prevalent in our daily lives, many older adults find themselves grappling with its challenges and opportunities. Enter AARP, the American Association of Retired Persons, a non-profit organization dedicated to empowering individuals 50 and up. Over the years, AARP has made significant strides in helping older adults engage with technology, bridging […]
The Best Strategy for Claiming Social Security Benefits
When people make retirement plans, they almost always count on claiming Social Security benefits. Social Security is a US federal insurance program that gives eligible people a monthly income. In 2024, approximately 68 million Americans received a Social Security benefit for a total annual spending of $1.5 billion. If you plan to retire in the […]
Predatory Lending Practices: How to Identify and Avoid Them
Finding an affordable loan can seem challenging, especially when you need to borrow money quickly. You must watch out for unfair practices called predatory lending. This is when lenders take advantage of borrowers who don’t understand how loans should work or anyone who is having financial difficulties and needs to find a loan fast. Learning […]
What to Do If You Can’t Make a Loan Payment
While it isn’t the most fun topic, the reality is that financial difficulties can affect anyone. As we all know, life happens and sometimes these hardships come with unexpected events that may make it difficult to meet existing loan payments. Whether it’s due to a job loss, car accident, medical emergency, inflation, or something else, […]
Managing Loan Repayment: 8 Strategies To Keep You on Track
Taking out a loan is a reality for most people at some point in their adult life. Loans can be used for various reasons, such as buying a home, funding education, or starting a business. However, managing the loan repayment terms is crucial to maintaining financial health and avoiding the pitfalls of debt. Keep reading […]
Good Debt vs. Bad Debt: Key Differences You Need to Know
Many people view debt as something to avoid, yet the average American household has about $101,915 in debt. The key is not to refrain from taking on debts entirely but to learn to differentiate between good debt and bad debt. Good debts can help you build wealth and meet your goals. They are an investment […]
