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Showing posts with label Make Money. Show all posts
Showing posts with label Make Money. Show all posts
Friday, November 14, 2014
Three Big Money Mistakes People Make

Three Big Money Mistakes People Make

No one wants to be in financial trouble but it happens so easily. All it takes is one or two bad decisions and suddenly you’re writing checks that bounce, the bank is foreclosing on your house, and your life is falling apart. Here are the three biggest money mistakes to avoid and what to do if they happen to you.

Student Loans
More than good grades, student loans are the gateway to higher education for most Americans. Here’s the catch: the debt you rack up for school can’t be discharged it in a bankruptcy, so no matter how broke you get, you still have to pay for it. Also, it isn’t clear from the start how high your monthly payments will be on this loan. Or if college will mean a high paying job. Sorry, new grads.

Credit Score Ignorance
People who rack up a lot of credit card debt probably aren’t aware that they have a miserable looking credit score that is getting uglier with each missed payment. This kind of ignorance can really make
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