Buy vs. Rent: Is It Better to Rent a House?

Which is better, buying vs. renting? This debate has raged for many years, with many believing it’s best to own a home rather than throwing money away on a rental you’ll probably never own. However, times have changed, and in many instances, renting can be the more cost-effective option. Buying also isn’t without its advantages.… Continue reading Buy vs. Rent: Is It Better to Rent a House?

5 Small Expenses Killing Your Budget

If you work hard, watch your spending, and try not to overindulge, yet still find yourself short on money in the bank, you may be a victim of these five small expenses that prevent you from having a successful budget. These expenses slowly chip away at your money but often go unnoticed because they seem… Continue reading 5 Small Expenses Killing Your Budget

How Much to Save for Retirement

Working out how much you need to save for your retirement is absolutely crucial, and it’s a task that you should start to consider as soon as possible. Planning for retirement can be difficult if you get started late. Getting your financial ducks in a row and working out how much you’re going to need… Continue reading How Much to Save for Retirement

How to Use a Car Financing Calculator

You may not crunch the numbers when it’s time to buy a new TV or couch, but once you start thinking about a bigger purchase, it’s smart to do some planning. Financially savvy Detroit drivers use a car financing calculator to plan for what they can afford before even stepping foot in the dealership, but… Continue reading How to Use a Car Financing Calculator

How to Travel the World in Your 20s

Traveling to Europe always seemed too expensive and unattainable for me until retirement or that winning lottery ticket. To my excitement, it is something I can cross off my bucket list at age 22. I am fortunate to have a full-time job and by using tight budgeting tricks (like joining a credit union to save on… Continue reading How to Travel the World in Your 20s

How to Build Your Credit With a Credit Card

All over Detroit and beyond, people are wondering how to build their credit using a credit card. Whether you’re an aspiring homeowner or you’re just looking to get a better deal on a loan, having a healthy credit score is essential — although obtaining that can seem daunting at times. Fortunately, one of the best… Continue reading How to Build Your Credit With a Credit Card