retirement planning

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

7 Things to Know About Bitcoin as a Currency or Investment

Bitcoin and other cryptocurrencies have come onto the scene in full force in recent years. There is a tremendous amount of hype and market craze around the idea of cryptocurrencies, with some investors praising crypto as the future of currency, and others deriding it as a useless short-term fad. So which is it, and why […]

Written by prositesfinancial • Dec 20 • 5 minute read

Key Facts About FHA Home Loans

An FHA loan is a special type of mortgage-backed by the Federal Housing Administration. These types of mortgages are popular with first-time homeowners because they require much lower down payments than conventional mortgages typically do. FICO Score and Down Payment Differences These FHA loans also are available to people with much lower credit scores than […]

Written by prositesfinancial • Dec 20 • 3 minute read

5 Simple Retirement Tips for Small Business Owners

Most small business owners know that they should be saving something for retirement but don’t have a plan. It isn’t that they don’t want to save for retirement, it’s just that the tantalizing appeal of re-investing profits back into the business to help it grow faster is too tempting and they end up re-investing for […]

Written by prositesfinancial • Dec 20 • 3 minute read

7 Redundant Expenses To Slash From Your Budget

Almost half of all Americans live paycheck to paycheck, and 69 percent have under $1,000 in savings. If you’re like most Americans, you have some expenses you could stand to cut, and you could probably use some extra cash in your budget. While decreasing expenses might seem unpleasant, there is a good chance there are […]

Written by prositesfinancial • Dec 20 • 4 minute read

Debt Consolidation – Useful Service or Potential Hazard?

In today’s debt-driven society many of us are buried in quite a lot of consumer debt. Perhaps you’re making your monthly payments on time each month, but it just isn’t making a dent in your total debt balance overall. This can be very frustrating and lead you to search for solutions. One of the solutions […]

Written by prositesfinancial • Dec 20 • 4 minute read