It can depend on what kind of flexibility you need with your financing, how much either option will cost you, and whether you're looking for predictability or incentives.
Also, check out more of this week's best money tips from the experts and information on how the child tax credits starting in July could affect your family.
When it comes to saving money, this year may look a little different from years past. The savings rate is lower than its peak of about 34% in April 2020,…
Graduation for the Class of 2021 is here. Some college graduates have studied physics and will pursue rocket science as a career. Others plan to become doctors, memorizing every bone in the body, while a few are walking encyclopedias when it comes to history. But how many of them can – and do – balance a checkbook?
According to the Pew Research Center, 52% of Americans between the ages of 18 and 29 still live with one or both of their parents. This could be attributed to the nation's student loan debt, which stands at an all-time high of $1.6 trillion, and the job market that keeps graduates in internships and minimum wage positions for years after college. That means many recent college grads have never paid their own rent, balanced a checkbook or created a budget, much less learned to live on one.
The good news in this grim statistic is that learning the basics of personal financial management isn't really all that difficult. Here are seven personal finance st...
A bad credit score can make it difficult for you to qualify for a loan. If your score is too low, this increases the chances of having your loan denied. And even if a lender approves your loan, you will likely be charged a higher interest rate. Since lenders often use different credit scoring models […]
Credit unions, credit counseling and even credit cards helped — but so did their resolve to ask questions and put in the hard work.
“We’ve been approached by some companies that are interested in marketing these renewable energy credits to either utilities that are in states that have these mandates for renewable energy credits, or companies out there that are interested in reducing their carbon footprint,” Utilities Director Tim Luchsinger said.
Between credit cards, student loans and auto loans, it can be difficult to keep track of payments and balances on outstanding debts. Consolidating these debts into a single loan may streamline your finances, but the strategy likely won’t fix underlying financial challenges. For that reason, it’s important to understand the pros and cons of debt […]
Credit card debt can be very expensive. But if you’re paying only the minimum when you can afford to do more, it could be that your past is to blame.…
This popular investment choice could be a good fit for your retirement savings.
Emergency expenses happen, leaving you little time to pick the optimal credit card to use. But many major purchases can be planned well in advance, giving you a chance to…
As Americans receive stimulus checks and tax refund checks, they may be wondering how to spend that money. In some cases, it may be wise to save it, rather than spend it. But other than stashing the cash in a highly recommended emergency fund, what should you do with it? Whether it’s a stimulus check, […]
It’s been a year since the stock market took its Covid-19 tumble. From Feb. 19 to March 20, 2020—a span of 22 trading days—the S&P 500 fell 30%, the fastest decline ever. It’s hard to overstate how dramatic this market moment was, or how much panic was in the air. The horror of more than […]
Good financial management by Nebraska State Fair after several years of rough going due to the impact of the 2019 torrential rain, the coronav…
If you know you’re getting a refund come tax time, filing your taxes can almost feel fun. But if you suspect you’re going to owe the IRS money you don’t…
Return on investment (ROI) is a metric used to understand the profitability of an investment. ROI compares how much you paid for an investment to how much you earned to evaluate its efficiency. Let’s take a look at how it’s used by both individual investors and businesses. What Is ROI? When you put money into […]
Though you may be a proud homeowner, you probably don’t love the thought of having to make a mortgage payment each month for the next few decades. But considering how well the stock market has been performing lately, it might feel like you’re missing out by not investing more. So what’s the right answer: Should […]
Opponents targeted a bill Tuesday that would allow installment lenders in Nebraska to increase their interest rates to 29% a year.