prositesfinancial

Using a 529 Plan To Save For College

A 529 plan is a savings plan that is used to save money for college which offers certain tax and financial aid benefits. 529 plans are quite versatile and they can be used for other things too, such as K-12 tuition bills. The Types of 529 Plans There are a couple of different types of […]

Written by prositesfinancial • Sep 3 • 4 minute read

Credit Card Negotiation Options and Risks

Credit card debt is one of the most pervasive financial issues faced by Americans, with the average credit card balance as of 2016 being $5,551. If paying off your credit card debt is proving to be a substantial challenge, or worse is making it difficult to pay critical household expenses such as groceries, rent, medical […]

Written by prositesfinancial • Apr 17 • 4 minute read

Why Dave Ramsey Might Just Be Right About Using Only Cash

The truth is, most of us just don’t have the self-discipline necessary to use credit cards responsibly. We live in an advertisement saturated consumer society that encourages us to spend, spend, spend at every possible opportunity, and everywhere we go. As a result, most Americans are up to their eyeballs in debt with the national […]

Written by prositesfinancial • Jan 7 • 4 minute read

Top 10 Easy Ways To Save Money Today

Many of us feel like we can never seem to make enough money to make ends meet. It might be drowning in credit card bills or trying to make a student loan payment, but there’s always a reason why we don’t have enough money. While it would be ideal to make more money at your […]

Written by prositesfinancial • Jan 7 • 4 minute read

Key Tips About Student Loan Debt

Overall, the need for student loan debt reform is clear. However, current economical conditions and increasing education costs don’t bode well for any significant changes in the near future. With the student loan debt now surpassing credit card and auto loan debt, it is more important than ever to take precautions and prepare as much […]

Written by prositesfinancial • Jan 7 • 4 minute read

How To Begin Building Your Credit

Starting you credit history is the perfect opportunity to begin good spending habits. With over 45 million Americans you are not alone in this pursuit, and there is a method to the madness. There is so much information out there it may be hard to decide where to begin, but after a little research you […]

Written by prositesfinancial • Jan 7 • 4 minute read

6 Tips to Help You Understand Mortgage Rates

Getting a mortgage can be a pretty daunting experience. A mortgage is a loan that you could be repaying for the rest of your life, and the rate determines how much you’ll pay for the money you borrow, which in turn affects your monthly payment for the coming years. There is more to getting a […]

Written by prositesfinancial • May 21 • 4 minute read

How to Pay Less Interest on Credit Card Balances

No one enjoys being in debt, yet credit card debt remains one of the most common financial concerns for most Americans. Over 40 percent of credit cardholders carry a monthly balance, and the average balance is over $6000. If you have accrued credit card debt, it is important to pay it off as quickly as […]

Written by prositesfinancial • May 15 • 4 minute read

Five Common Questions & Answers About Making a Will

Most of us don’t enjoy thinking about our mortality, much less about what will happen to our loved ones and our belongings after we pass. Creating a will requires us to not only think about these things but to actively prepare for them in ways that will have significant effects on those we love. A […]

Written by prositesfinancial • May 8 • 3 minute read

5 Asset Allocation Strategies

Every investment portfolio will need to include a mixture of different types of investments. This diversification is known as asset allocation. There are several different asset allocation models that can achieve short- and long-term goals in a portfolio. In this article, we’ll explore some of the different strategies that might drive asset allocation in your […]

Written by prositesfinancial • May 1 • 3 minute read

5 Tips to Help You Create an Emergency Fund

Financial experts agree that having an emergency fund is an essential element of a healthy budget. If you have a sudden expense and do not have an existing emergency fund, you will likely need to borrow money from friends or family, add the expenses to a credit card, or remove money from savings or retirement […]

Written by prositesfinancial • Apr 27 • 3 minute read