Tag Archives: MoneyHacks

5 Good Money Habits for Your New Year’s Resolution

When 2017 comes around, you might notice a lot of your friends hitting the gym for a new year’s resolution. While this isn’t a bad idea, you might consider doing something a little less conventional. Building smart money habits can be a great way to make 2017 a better year. Here’s a look at how to start. 5 Good Money Habits for Your New Year’s Resolution Create a budget: If you don’t already budget your finances, that’s where you should start. Take an honest look your expenses, and set specific rules for your future spending. You’ll be amazed what a little planning can do for your savings. Debt first, investments later: It’s easy to feel anxious about investing in your future, but keep in mind that interest rates on consumer debt can be brutal. If you have lots of credit card debt, there is no better investment than paying that…
Read More »

Posted in Financial | Tagged | Leave a comment

How Does Social Security Work After Divorce?

When people stress about their divorce, it’s unlikely that worries about their social security claims are at the top of their list, but if you are nearing retirement this an important part of the process. Knowing the smart way to claim your benefits can make a huge difference. Here’s a look at how it works. Understanding Social Security and Divorce You might not know that in some cases you can claim your ex-spouse’s social security benefits, if you meet the following requirements: You aren’t remarried. You are 62 or older. The marriage lasted for 10 or more years. Your former spouse is entitled to social security benefits. Your own social security benefits are lower than your ex-spouse’s. To clarify some of the qualifications above, you can still collect your former spouse’s benefits after you remarry, just not during the marriage. If a subsequent marriage ends in divorce or annulment, you…
Read More »

Posted in Family Law | Tagged | Leave a comment

4 Tips for Improving Your Credit Score

Improving your credit score can be a slow and painful process, but if you continue to follow the right path, it is possible get back on track. The key is not to think of the process as a series of quick tricks, but rather as a continued commitment to managing your debt responsibly. Here is a look at some of the best things you can do to get a better score. Tips for Improving Your Credit Score: 1) Cut down what you owe. This is perhaps the most difficult answer for improving your credit score, but it’s also the most important. 30 percent of your credit score is simply how much you owe in relation to your total credit limit. Watch out for quick tricks such as opening or closing new credit cards just to change your credit limit. These shortcuts could harm you in the long-run. Instead, set a…
Read More »

Posted in Bankruptcy Law | Tagged | Leave a comment