A recently released government report has found that the federal Home Affordable Modification Program implemented by the Obama Administration rejects nearly three-quarters of the people that apply to the program. The Home Affordable Modification Program is designed to help homeowners at risk of foreclosure reduce their monthly mortgage payments so they can stay in their … Read more
This post is a contributed post from USA.gov.  See their Financial Self-Defense Kit for advice on how to build financial confidence as well as safeguard your finances. Managing your finances can be hard. Managing the finances of an older relative or friend can be even harder. You want to honor your loved one’s wishes and respect his … Read more
In a recent survey of college pricing, the College Board found that a “moderate” college budget for an in-state public college averaged $23,410 for the 2014–2015 academic year. A moderate budget at a private college averaged $46,272. The high cost of college is resulting in many parents and other family members co-signing for a student … Read more
Budgeting is a very important part of effective financial management. Budgeting requires you to track your spending and hold down your costs. This ensures that you’ll have enough money to cover your needs and still have money to put towards your goals. Many people view budgeting as difficult and time consuming, but you can create … Read more