by Jay Beattey | Mar 12, 2021 | Articles, Debt, Millennials
Shortly after the pandemic began, the Trump administration suspended payment requirements on government student loans. The Biden administration recently extended payment deferment through September 2021. Deferment – in this case – means that not only is...
by Jay Beattey | Dec 7, 2020 | Articles, Debt, Personal Finance
It would be nearly impossible to function in today’s world without using a credit card from time to time. And so long as we pay the balance off each month – that convenience comes our way free of charge – and who doesn’t like free? But carrying balances on our...
by Jay Beattey | Dec 2, 2020 | Articles, Debt, Personal Finance
Look – debt is nasty stuff. After the ‘shine’ wears off of the stuff you bought – the payments linger and begin to smell – bad – really bad. Debt is a financial drag. It shifts priorities away from the things that are most important (like our families) – to...
by Jay Beattey | Nov 25, 2020 | Articles, Debt, Personal Finance
Recently, my daughter and her husband undertook a complete – and expensive – renovation of their kitchen. It was a long project – and with a toddler running around, the inconvenience of living without a kitchen was – well – a bit trying. What made it worse was...
by Jay Beattey | Nov 16, 2020 | Articles, Debt, Insurance, Personal Finance
Who would have thought – way back in March when this whole thing took over our lives – that this tiny virus would still be impacting our lives so significantly at Thanksgiving? Well – here we are. So we’ve put together some year-end thoughts about how you might clean...
by Jay Beattey | Oct 6, 2020 | Articles, Debt, Millennials, Personal Finance
When a bank loans money – it charges interest for the use of that money. Think of interest as rent. Say we borrow $12,000 – and agree to repay it over 10 years at an interest rate of 5.46%. Based on those loan terms, our total interest charge will be...
