I just completed a chapter 13 bankruptcy. Can I apply for a personal loan?
“Hi, I just completed a chapter 13 bankruptcy and would like to know if I can apply for a personal loan. Thank you.” Submitted by David N. Thanks for your question about life (and credit) after bankruptcy. This is a common situation and the good news is that getting Chapter 13 debt relief is not…
Read MoreMy kids are 4 and 7. Is it too late to open a 529?
“My son is 7 and my daughter is 4. Is it too late to invest in 529 plan for them? What would be a better alternative to save for their college and financial future?” Submitted by Stella D. It is never too early or too late to start saving for college (or for anything, for…
Read More“Sharing is Caring” – Does that Apply to Bank Accounts?
Ah, opening a joint bank account or credit card – so easy to do, yet so hard to untangle if things don’t go as planned. Once you open a joint account, the money that was “yours” is now “ours.” That’s a big step for any relationship. Make sure you’re on the same page about how…
Read MoreThinking about Investing? Investment-Savvy Checklist
A lot of members tell us they’re interested in investing. Maybe you’re starting to save regularly, and you’re wondering how your money can work for you instead of sitting passively in a bank account. What Are Your Goals? Before jumping into investment strategies, start with this basic question: what is the point of investing to…
Read MoreBuying a house seems unattainable for me. What can I do?
“Thanks you for your blog and articles to educate oneself. I hear a lots about affordable housing, which concerns me because the prices on these houses are still not attainable for people like me. I want to buy a home with the Habitat for Humanity program. Can you give insight on what it takes to…
Read MoreHow to Find the Right Products for You
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we’re going to talk about how to find the right financial products and services for your situation. It is wonderful that we have so many financial products and services to choose from, but it can also be overwhelming. It can be very difficult to make a decision. There are many things that…
Read MoreHow to Build an Insurance Plan to Protect What Matters Most
We all face risks every day, from driving a car to the ever-present risk of illness or natural disasters. Protecting yourself from these varied risks is a complex task. Consider a relatively simple risk: adopting a pet. Picture your newly adopted dog, maybe a little frazzled by his new environment. You’re out on a walk…
Read MoreWhat Stock Can I Invest in That Will Earn Money with Low Risk?
“What stock can I invest in that will earn money with low risk?” Submitted by Fernando A. I’m glad you are thinking about investing while also considering the risk involved. Clearly you understand the relationship to risk and return (low risk = low return) and I am wondering about the goal of your investment plan.…
Read MoreUnderstanding Your Debt
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we are going to talk about one of the biggest financial stressors in many of our financial lives: debt. The “No Judgment Zone” So, the very first thing is remember the “no judgment zone.” Everything that you have done in your financial past that you’re…
Read MoreStarting, Funding, and Growing Your Small Business
Many people hope someday to work for themselves and build a business from the ground up. If that sounds like you, regardless of what stage you are in the process, focus on your finances to increase your chances of success. Check out the tips below for a good place to get started. Planning Your Small…
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