Financial Blog
Five Good Mutual Funds for Beginners
When you’re new to investing, it can be hard to figure out where to start. That’s where mutual funds come into play: They offer access to hundreds – even thousands – of stocks or bonds with a single share, making diversification affordable for anyone. Most of us can’t...
Crucial: Check Your Child’s Credit BEFORE It’s Too Late
With everything single moms need to worry about, it’s a shame we have to deal with this, too. But the child identity theft industry is huge, and it’s only getting bigger. Unfortunately, most of us find out the hard way that our kids have been victimized… You take your...
Know your Debt-to-Income Ratio
When you’re trying to borrow money – and that includes applying for credit cards – it pays to know your DTI, or debt-to-income ratio. Your DTI presents a snapshot of what your debt looks like in relation to your income, and it helps lenders – especially mortgage...
Don’t lose 30% of your 401k! Roll it over the right way
Whenever you leave a job, no matter what the reason is, your 401k can come along with you. Single moms, this is something you absolutely want to do – it gives you more control over your retirement savings. And, despite what some advisors may tell you, the process is...
Don’t Skip this Crucial Wealth-Building Step!
Workplace retirement plans, like 401(k)s, let you save for your future without much thought after you first sign up. That "set it and forget it" strategy works really well on the contribution side, so you’re constantly adding money without skipping. But that’s not the...