Consumer Spending Habits Are Changing — What to Know

January 8, 2021 Penny Matthews 0

The COVID-19 pandemic has been the biggest overnight financial shakeup in our country’s history. Its effects will be felt for years into the future, if not permanently. On the economic front, it’s caused a huge change in consumer spending, largely due to how people’s income and living/working patterns have shifted.  How Income Is Changing According […]

The post Consumer Spending Habits Are Changing — What to Know appeared first on Good Financial Cents®.

How I Invest

January 8, 2021 Penny Matthews 0

You asked, so here’s the answer. Let’s breakdown my investment accounts, asset class choices, and why I make those choices.

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Fidelity Vs. Robinhood: Is One A Clear Winner?

January 8, 2021 Penny Matthews 0

Fidelity and Robinhood both give you options to invest for the future, but they do so in very different ways. Find out which might be a better fit for you.Fidelity and Robinhood both give you options to invest for the future, but they do so in very different ways. Find out which might be a better fit for you.

The post Fidelity Vs. Robinhood: Is One A Clear Winner? appeared first on Money Under 30.

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10 Home Updates That Are Worth the Money

January 7, 2021 Penny Matthews 0

Homeownership is one of the most time-tested ways to build wealth in the U.S. It can help you build wealth thanks to home appreciation — but this isn’t always guaranteed (just ask anyone who bought a home right before 2008).  Another way to build wealth through homeownership is by upgrading your home, thereby increasing its value. […]

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How Much Your Monthly Food Budget Should Be + Grocery Calculator

January 7, 2021 Penny Matthews 0

Your grocery bill can add up fast. From dinner entrées to snacks, the amount you spend directly affects your other financial goals. Luckily, there are some guidelines to ensure you’re not overspending.  Use the grocery calculator below to estimate your…

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The post How Much Your Monthly Food Budget Should Be + Grocery Calculator appeared first on MintLife Blog.

Per Stirpes vs. Per Capita in Estate Planning

January 7, 2021 Penny Matthews 0

When creating an estate plan, one of the most basic documents you may wish to include is a will. If you have a more complicated estate, you might also need to have a trust in place. Both a will and … Continue reading →

The post Per Stirpes vs. Per Capita in Estate Planning appeared first on SmartAsset Blog.

How to Stop Spending Money You Don’t Have

January 7, 2021 Penny Matthews 0

The post How to Stop Spending Money You Don’t Have appeared first on Penny Pinchin' Mom.

So, you want to stop spending money.  That might be easier said than done.  When it comes to managing your money, there are things you need to do.  You know you need to budget, try to get out of debt and control your spending.   The issue is not necessarily that you are spending money … Read More about How to Stop Spending Money You Don’t Have

The post How to Stop Spending Money You Don’t Have appeared first on Penny Pinchin' Mom.

How to Build Good Credit in 10 Painless Steps

January 7, 2021 Penny Matthews 0

If you want to whip your finances into shape, here’s a good New Year’s resolution: improving your credit score. A lot of New Year’s resolutions fail because they’re so extreme. Think of all the bonkers weight-loss and money-saving goals that surface at the start of every year. This resolution is different. No extreme measures are […]

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Experian Credit Score vs. FICO Score

January 7, 2021 Penny Matthews 0

When you think “credit score,” you probably think “FICO.” The Fair Isaac Corporation introduced its FICO scoring system in 1989, and it has since become one of the best-known and most-used credit scoring models in the United States. But it isn’t the only model on the market. Another popular option is called VantageScore, the product… Read More

The post Experian Credit Score vs. FICO Score appeared first on Credit.com.

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Mortgage Rates vs. Fed Announcements

January 7, 2021 Penny Matthews 0

File this one under “no correlation,” despite a flood of news articles claiming the Fed’s rate cut directly impacts mortgage rates. Today, the Fed cut the federal funds rate by half a percentage point to a range of 1-1.25% due to the uncertainty surrounding the coronavirus, this despite a strong U.S. economy. That sent mortgage [&hellip

The post Mortgage Rates vs. Fed Announcements first appeared on The Truth About Mortgage.