As the COVID-19 crisis continues, the severity of the economic impact on households is becoming clearer and more widespread. For some, the impact may be prolonged. As the ability to postpone creditor payments diminishes over time and emergency savings whither,…
Around here, we field a lot of questions about student loans. There seems to be an endless amount to know in this space. It’s always our goal to always be learning as much as we can about loan types, repayment…
Dear Pete, I have gotten myself into credit card debt at the age of 69. I owe about $15,000. I haven’t told my husband. I can pay $5,000 but we’ll be out of savings. Help. I don’t know what to…
You’ve heard stories about the wealth gap, the gender pay gap and even the income gap at large, but now due to a recent credit scoring change, you may officially live in the world of credit score gaps. Fair Isaac, the…
With the hullabaloo of resolutions settling down, let’s start fresh. Not everyone who reads this blog or listens to the podcast wants to concern themselves with seemingly trivial things like a safe withdrawal rate, or updating their net worth regularly,…
Damian, I keep hearing people talk about the coming recession. I know you can’t tell me when it’s going to happen, but what should I do to make sure I’m prepared for when it does happen? – Emily —————— Hi…
Hey Damian, I’ve been reading a bit on freezing my credit and I guess I’m on the fence about it. It seems like unnecessary work when I could just use the credit monitoring service I pay for and get the…
It’s nothing short of shocking how quickly your child’s bus rides to elementary school turn into a heart-wrenching drive to drop them off at college for the first time. The time flies by, and you wouldn’t be alone if you…
It’s boomerang season. After four years of living away from their parents, millions of new college graduates are on the cusp of returning back home to the spot where they were launched. Some knew this was the plan all along. Others…
On March 11th, President Trump released his 2020 Budget Proposal. The 150-page document included cuts for many programs, including but not limited to education. It’s no secret that student loan debt becomes an ever increasing problem for students and their…