Sort results for Paying Off Debt

What is Good Debt vs. Bad Debt?

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Many people think that you should avoid any kind of debt. But not all debt is bad. Debt may be “good” when it helps you establish credit and build wealth. Debt can be considered “bad” if it’s costly, hurts your credit score, or makes it harder to reach your financial goals.… Read More

A Guide to Financial Wellness in Five Steps

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When it comes to improving the quality of your life, focusing on your financial wellness — living within your means, creating safety nets, and developing financial goals — may pay off.

Improving your financial health may empower you to achieve other money-related… Read More

Cashing Out Your 401(k): What You Should Know

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If you want to pay off debt, you might be asking yourself, “Can I cash out my 401(k)?”

The quick answer is that you can. But whether you should cash out may be the more important question.

Before going down that road, you should first review the 401(k) loan rules—and understand… Read More

9 Good Money Habits for the New Year

Woman seated at desk looks at a calculator while making notes on a pad of paper.

The new year is here and it’s the perfect time to focus on creating good financial habits. When you work toward breaking bad money habits now, your efforts could pay you back many times over and you may feel better about your financial future.

So, what is a financial habit?… Read More