Imagine retiring to a place where the ocean air greets you every morning. North Myrtle Beach, South Carolina, could be that ideal destination. With 38.6% of its population over 65 years old and an average age of 60.2, it’s a retirement hotspot. Unlike its more commercial counterpart, Myrtle Beach, North Myrtle Beach offers a quieter, […]
North Myrtle Beach: South Carolina’s Ultimate Retirement Haven Read More »
Deciding whether to pay off your student loans early is a personal decision that hinges on your financial stability and goals. Early repayment can lead to significant interest savings but may come with opportunity costs. It’s essential to understand your current financial situation and long-term goals to make an informed decision. Understanding Student Loans: There
Applying for a new credit card can lead to a slight decrease in your credit score due to the hard inquiry conducted by the issuer. However, responsible use of the card can improve your score over time. Here’s a detailed look at how credit card applications affect your credit score. Applying for a new credit
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When seeking a personal loan, it’s crucial to compare different lenders’ annual percentage rates (APRs). The APR includes both interest and fees. A ‘good’ APR is typically at or below the national average. Your APR can vary based on your creditworthiness. Key Takeaways: The APR on a personal loan combines its interest rate and any
Credit plays a pivotal role in various aspects of our lives, influencing borrowing capabilities, interest rates, and decisions made by insurers, landlords, utilities, and employers. To maintain good credit, regularly reviewing your credit report is essential. Fortunately, federal law entitles you to free annual credit reports, and now, credit bureaus offer free weekly reports. Key
Annual Credit Report Access: How to Get and Use Weekly Reports Read More »
We often find ourselves in a familiar situation: ordering a coffee and then being presented with a suggested tip amount of 25% to 30% at the pay kiosk. What should you do? Many Americans are uncertain about tipping etiquette. Pew Research Center’s poll of nearly 12,000 U.S. adults revealed that only about a third find
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A virtual assistant is an independent contractor who offers administrative support to clients remotely, often from a home office. These professionals typically have prior experience as administrative assistants or office managers and may specialize in areas such as social media management, content creation, graphic design, and internet marketing. As more businesses embrace remote work, particularly
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The Free Market Mortgage Act of 2023 aimed to prevent changes to the fee structure imposed on mortgages by Fannie Mae and Freddie Mac. Although not officially titled as such, H.R. 2876 was introduced with the intent to cancel a fee structure proposed by the Federal Housing Finance Agency (FHFA) in January 2023, set for
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Self-employed individuals often encounter the challenge of tracking and paying taxes throughout the year. While self-employment offers benefits like flexible schedules, it also brings unique tax challenges. Mastering the process of making estimated tax payments is crucial for managing these challenges and maintaining compliance with tax obligations. **Key Takeaways** For self-employed individuals, estimating and remitting
Life insurance is a critical consideration for many, especially with significant life events such as marriage, the birth of a child, or taking on substantial debt like a mortgage. It provides financial protection to your loved ones in the event of your untimely death, ensuring they can manage without your income and cover any outstanding
Avoiding Common Life Insurance Mistakes for Family Financial Security Read More »
