Why Personal Finance is Not Taught in Tennessee High Schools
Considering that personal finance becomes a major part of adult life after high school or college, many graduating students and parents are surprised to find out that high schools are lacking in personal finance education. This has led many people to argue for why personal finance is important for students to learn in high school….
Should I Pick Term or Whole Life Insurance in Tennessee?
Choosing between whole life insurance or term life insurance is an important decision to make because your choice could affect the life of your family. Each of these types of life insurance comes with different risks, sacrifices, and benefits. Knowing the differences can be helpful for making that final decision and could potentially prevent negative…
Ways Student Loans Can Help or Hurt Your Tennessee Credit Score
No one really looks forward to paying student loans each month, but what many people do not realize is how much student loans can harm their credit score if payments are missed. At the same time, not everyone realizes how much student loans can also help their credit score as long as certain actions are…
How Do I Have My SBA Loan Forgiven in Tennessee
In the age of the coronavirus, many small and large businesses have had to shut down. This has led many people with SBA loans into a financial struggle to pay back the loan within a sufficient period of time. One alternative if you ever find yourself struggling to repay the loan is to seek SBA…
Ways Student Loans Can Make Life Difficult in Tennessee
Student loan stress is something almost every college graduate can relate to, especially those who owe large sums of student debt in Tennessee. Monthly repayment plans for student loans can start right after or six months after graduation and they often keep going for decades with slowly escalating interest. Many students feel the pressure of…
Should I Refinance or Consolidate My Credit Card Debt?
Deciding whether you should refinance or consolidate your credit card debt is a big step to take. Knowing which method to choose for paying off your debt can be difficult without enough information. There are specific differences between refinancing and consolidation that might make or break your preference. Costs and benefits exist for each option…
What Are the Differences Between an Emergency Fund and Savings Account?
Since emergency funds are usually put into a savings account, many people wonder if there are any differences between saving up money for an emergency fund versus saving money in a savings account. For some people, there are no differences, but there can be if you want to put funds into both. You might be…
Steps for Creating Powerful Financial Goals
There are several ways you can go about creating financial goals, but there are only a few ways you can create powerful and lasting financial goals that will bring you closer to the future you desire. One effective way to increase the chances of successful goals is the SMART goals approach, a method that makes…
What Are the Best Financial Literacy Books?
Reading is not as common as it used to be but brushing up on one or two financial literacy books has been known to dramatically increase a person’s finances. The problem is there are so many different financial literacy books to choose from. This can leave anyone wondering where to start on their financial literacy…
Worst Ways to Pay Off Credit Card Debt
Paying off credit card debt is a hassle when you want to either save money, spend money, or both. No one likes being reminded of the debt they owe but letting credit card debt sit or build up for years with no change can lead to worse outcomes for your finances. Bankruptcy is not uncommon…
