What’s the Right Way to Consolidate Debt?

American consumers carry a lot of debt—about $38,000 on average, and that doesn’t include home mortgages. This debt often includes a mix of student loans, auto loans, and credit card debt, and if it isn’t properly managed, it can rack up high interest charges that dig your financial hole even deeper.

But if you’re dealing with high amounts of debt and have no plan to pay it off, there’s no need to panic. Debt consolidation can be a useful strategy for simplifying your bills, reducing the amount of interest you’ll pay, and putting yourself on a path to paying down debt.

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You’re Engaged! 3 Financial Things to Start Thinking About

Every year, more than 2.2 million Americans get married, according to the National Center for Health Statistics. Choosing to marry is one of the biggest decisions any couple can make, and the romance of an engagement is worth savoring. However, there are practical, financial considerations as well. You need to start making wedding plans, starting with a wedding budget. There are additional financial considerations that will have a more lasting impact, such as combining finances and financial planning for the future.

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Student Living: Why It Doesn’t Need to be Ramen Noodles

If you’re heading off to college and want to live on more than coffee and ramen, we have good news: You definitely can.

College can be expensive, but if you know how to manage a budget, you can make it through every semester or quarter without having to ask a friend to spot you for things like meals, gas, and rent. 

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