If you contribute to a 401(k) plan through your employer, it could be one of your most substantial assets besides your home. And if money is tight and your savings account balance is running low, you might wonder how you can tap the funds in your 401(k) for a loan. But you suspect there are […]
Manage Debt
What Happens if I Cannot Pay My Hospital Bills?
You had an emergency appendectomy. You’re recuperating from a terrible case of the flu. Your child was stung by a bee causing a severe allergic reaction. Your spouse was hit by a car while cycling. There are many reasons why you or a family member head to the emergency room or spend time in a […]
Build a High Credit Score and Keep it There
480. 550. 640. 720. You know your number. Maybe you even use a credit score manager to keep an eye on your credit score. Now you are thinking about trying to improve it. After all, a good credit score opens up a world of opportunities for you. Lower interest rates on loans. Higher chances of […]
How Can a Bad Credit Score Hurt You?
As you may be aware, your credit score is kind of a big deal. A good score makes life easier, while a bad score might make it pretty difficult. The trouble is, a lot of people don’t realize what their credit score really is. Or how having a bad credit score can hurt them. Here’s […]
How do You Take a Vacation While Paying Off Debt?
Are you in the middle of paying down debt? Great job! Starting is the hardest part. Once you’ve decided to pay off your debt, it may feel like you want to put every spare penny toward your goal. But paying down debt can take a while, especially if you have a lot to pay. So […]
How are Secured and Unsecured Debt Different?
When reading about borrowing money, you may have heard the terms secured and unsecured debt come up. Not entirely clear on what they mean? You’re not alone. Secured Debt Secured debt refers to debt guaranteed or secured by an asset. Great, but what does that mean? It means that when you borrow the money, the […]
Do You Need A Budget? A YNAB Review
Women Who Money is all about helping readers of all levels understand and manage their personal finances. Key to this concept is understanding how and where you spend, in order to track, monitor, manage, and improve your finances. Research shows that nearly half of Americans say their expenses are equal to or greater than their […]
How Can I Help My Teenager Understand Big Loans?
Teaching kids the value of a dollar is one thing. Teaching them the value of tens of thousands of dollars is something else entirely. Yet, by the time children reach their teenage years, they will very likely be facing four, five, and even six-figure financial decisions about college tuition and cars. And potentially other big-ticket […]
Best Ways to Use a 0% Credit Card Balance Transfer
Nearly everyone gets credit card offers in the mail. And if you have a high enough credit score, 0% credit card balance transfer offers show up on occasion. Sometimes credit card companies even mail you “convenience” checks you can cash and use to pay off debt or have money transferred into your account to use […]
How Can I Pay Off Credit Card Debt for Good? [Pay debt off faster]
After you pay your mortgage or rent, buy groceries, and send in the car payment, there may not be enough money left for the month. It’s easy to use a credit card to fill in the shortage. But before you know it, you’ve run up massive balances, with no idea how you’re going to pay […]
