If you’ve done any shopping recently, then you’ve probably seen an option at checkout to split up your total into four (or more) “easy payments.” One of the biggest companies offering these kinds of buy now, pay later plans is Affirm. But is it a good idea to use Affirm…

There’s an uncomfortable situation we need to look at in this country: the student loan crisis. This debt disaster has become way too serious to ignore—and it’s affecting the lives of millions. Right now, the total amount of student loan debt in the U.S. is over $1.6 trillion.1 That’s mind boggling, folks. Let’s review…

Okay, so you want to start budgeting. That’s great! But with so many budgeting methods out there, which one do you go with? One popular way to budget is the 50/30/20 rule, where you divide your spending and saving into three categories: 50% to needs, 30% to wants and 20% to…

Image by GettyImages; Illustration by Bankrate Key takeaways Unsecured loans are debt products that do not require collateral but may come with higher interest rates and stricter credit requirements. There are various unsecured loans, including personal loans, student loans, and credit cards. When determining eligibility for an unsecured loan, lenders…

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Dan Reynolds Photography/Getty Images Key takeaways Before you buy land, you’ll need to research local zoning codes and more to see if any potential red flags stand in the way of building a home on it. If you finance the purchase, be prepared to pay…

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Key takeaways As one of the most popular travel credit cards available, Chase Sapphire Reserve® comes with valuable benefits, such as its $300 annual travel credit, which helps to offset its high annual fee. The annual travel credit is easy to use and applies to various travel purchases, including flights,…

Key takeaways Your home’s size, age and features, as well your personal property, impact how much coverage you need. Keeping a digital home inventory can help determine appropriate policy limits and make the claims process smoother. You may add coverage or endorsements to bolster a standard policy. Your home insurance…

Image by GettyImages; Illustration by Bankrate The resounding advice about filing early for Social Security retirement benefits is pretty unambiguous: Don’t do it.  However, if you can’t delay — due to immediate cash flow needs — or don’t want to because you’re worried about the Social Security program’s solvency, the earliest…

For many first-generation wealth builders, borrowing money can feel like a deeply personal decision — one shaped not just by credit scores and interest rates, but by cultural values, family expectations and emotional ties. Especially in communities rooted in mutual aid and collective care, there’s often a choice to make:…

Bond prices have been volatile in recent years as the Federal Reserve hiked interest rates to combat high inflation, but with rate cuts paused, investors may still be able to take advantage of attractive yields in short-term bonds. Here’s what you should know about short-term bond funds and some of…

Money is complicated. Talking honestly about money and your aspirations with someone else can be fraught with anxiety. This is one of the biggest reasons why many people find working with a financial advisor to be so challenging. Some people completely avoid seeking help, even when they need it.  Working…

Bitcoin’s price has been on a roller-coaster ride since it first debuted in January 2009, but the long-term trajectory has been higher — “up and to the right,” as they say. Bitcoin ushered in the age of cryptocurrency, but it took quite a while before the public sat up and…

The best Bitcoin exchange-traded funds (ETFs) make it easy and cheap to buy and sell the cryptocurrency through a traditional online broker rather than through the potentially riskier process of using a cryptocurrency exchange. Spot Bitcoin ETFs, available since early 2024, also give traders a way to access Bitcoin without…

Credit card experts are full of tips and tricks to help you get the most out of your credit cards. Card issuers have their own tips and tricks – but they work a little bit differently than what the experts will tell you. It is a business for the card…

Image by Getty Images; Illustration by Bankrate Key takeaways Debt consolidation loans and balance transfer cards have distinct advantages and disadvantages when it comes to paying off debt. Debt consolidation loans give you a definite payoff date with a fixed interest rate. They can be a smart choice for consumers…

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