As you graduate and enter the working adult world, you’ll quickly realize that you’ll need good credit to make just about any type of big purchase. From financing a new car, to purchasing a new house, or even just trying to refinance your student loans, you will need a good credit history to ensure you’re getting the best interest rates for your purchases. Starting to build your credit can be tricky, however, because you typically need a credit history in order to
Saving money can seem impossible when you’re just barely managing to scrape by each month. Everyone has been there: you’ve just graduated college, you have no idea what you’re doing, and you feel like you can barely afford to survive, let alone save. However, it’s still important to attempt to put a little money aside and into savings each month, regardless of how much money you’re earning. Below are some simple tips and tricks to add a little cash to your savings each
Repaying your student loans can be daunting and seemingly never-ending. While student loan debt is certainly a burden, there is at least a small silver lining: you may be eligible to receive a tax benefit for the money you spent on your education. Now, we know taxes are also on the bottom of your list of fun things to talk about. But, there are important things to keep in mind when it comes to your student loans and taxes to ensure you’re at
Similar to the Public Service Loan Forgiveness program, the Teacher Loan Forgiveness Program provides student loan relief to eligible teachers. Under the Teacher Loan Forgiveness Program, if you teach full-time for five complete and consecutive academic years in a low-income school or educational service agency, and meet other certain qualifications, you could be eligible for forgiveness of up to $17,500 on your Direct and Stafford federal student loans. 1. Eligibility Requirements In order to be eligible for Teacher Loan Forgiveness, you must
Are you wondering how you can build your credit? When you look online, you’ll see that when it comes to building your credit, credit cards are recommended. Many recommend opening a credit card account and making a handful of purchases every month. Using your credit card for small purchases and paying off the balance in full each month helps to build credit. A good payment history is established and you show that you’re managing your credit balances well. Credit cards can help create a credit