One major perk of graduation season, in addition to receiving the degree you’ve toiled so for in hand, is the celebratory tokens, presents and cash gifts from family and friends.
Those cash gifts can come in handy for a well-deserved splurge, but before you spend it all in one place,
Money ratios can help you quickly gauge the health of your finances and pinpoint what changes you need to make to improve them.
Here 5 of the important ones you should know.
1. 50% Budgeting Ratio
The budgeting rule of thumb that limits your must have expenses to less than
Both the U.S. Federal Government and Private lenders, make money on student loan debt by charging borrowers interest on the loaned funds.
The interest rate alone, though, does not take into account accrued interest that can be capitalized on a student loan and increase profits for the lenders at borrowers'
It’s always encouraging to see people are stepping up and paying off large amounts of debt.⠀
I am still on my journey to get on the other side of debt and I’m honored that Personal Finance Junkie has featured my story of how I paid off $13,000 of credit card … Read More