What Credit Score Is Needed to Buy a House? We Explain

Whether you’re eyeballs-deep in mortgage paperwork or you’re just beginning to consider (figuratively) kissing your landlord goodbye and buying a home, one question is probably weighing heavily on your mind: What credit score is...

Lower Your Power Bill With This 2-Minute Move

It’d be nice if you could run your home on clean energy without installing a bunch of expensive solar panels on your roof — or a giant wind turbine. Come to think of it, it...

12 Simple Ways to Calm Your Financial Anxiety

Honestly, who doesn’t have anxiety these days? Even if you haven’t been officially diagnosed with an anxiety disorder (ahem, me), you probably still experience tinges of That Dreaded Feeling. That swelling of panic in your...

2019 Tax Season: Best Tax Software Reviewed

It’s everyone’s least favorite time of year: tax season. Between frantically searching for your tax forms, organizing your receipts and trying to figure out how much it’s going to cost you to file, tax season...

I’m Living Paycheck to Paycheck. How Do I Save?

Dear Penny, I would like to retire someday, but it’s not going to be any time soon. What is your advice for someone who already cut back spending, but whose outgoing monthly debt payments are...

How to Improve Your Credit Score

There are a few important numbers you’ll need to know for most of your adult life, including your age, your Social Security number and your credit score. Of these, your credit score is the...

How to Save Money on Taxes in 2019

They say it because it’s true: The only certain things in life are death and taxes. While we’re still working on the whole immortality thing, we have found some ways to reduce that pesky bill...

Should You Refinance Student Loans? This Woman Saved Thousands

When she started college, Sarah Ann Stanley didn’t know much about student loans. She was the first person in her family to get one. “You need the money,” she recalls, “so you take the loan.” It...

Is This the Right Tax Software for You?

When it comes to tax software, TurboTax is the most ubiquitous name out there. Almost everyone I know who files their own taxes is using this software in 2019. Does TurboTax really live up...

Here’s the Pros and Cons

A wise man once said, “Change is the only constant,” but he clearly forgot about filing taxes. Paying your taxes is an annual chore that can cause the sanest of individuals to rip out...

H&R Block Tax Software Review 2019

Paying taxes is one of the most dreaded annual activities for most Americans, right up there with dentist appointments and visiting your great-aunt Ruth. But it has to be done. Thankfully, online tax preparation...

How New Credit Impacts Your Credit Score

Your credit score determines your eligibility for loans, credit cards and even renting a house. Credit reports are determined by a company called FICO, which assigns a three-digit score showing lenders whether giving you...

The 9 Best Savings Accounts of 2019

Storing your cash in a duffel bag under the bed has its perks — immediate access when you need it and the feeling of completely controlling your own finances. But hoarding your hard-earned money...

9 Simple Ways to Make the Most of Your Family Budget

You’ve weathered the baby-rearing years. Congratulations! Now you can sit back and enjoy having your kids in school. Oh, but now there are hobbies: band, dance class and sports. Don’t forget field trips. By the...

My Husband Spends Too Much. How Do I Get Him to Stop?

SIphotography/Getty Images Dear Penny, I know what needs to be done in order to catch up and get ahead on my bills, debt and emergency savings, and I know how to do it. My problem...

How to Get the Best Mortgage Interest Rate (Without Negotiating)

The difference between having a 739 and a 740 credit score translates into money lost. If you take out a $180,000 mortgage, that one-point difference has you paying $222 more each year. Tina Russell/The...

How 5 Minutes and $10 Can Score You an Account With No Bank Fees

SeanZeroThree/Getty Images Remember when getting a new bank account meant driving to the bank, meeting with a banker and opening an account with a minimum of $25? *shudders* Scary times. Thankfully, that kind of madness is...

Start Here if You’re a First-Timer

A house is likely to be the biggest purchase you ever make, which can make home buying equally terrifying and thrilling. If you’re preparing to buy your first home, take a deep breath, pour yourself...

9 Simple Money Tips for Single Moms on a Budget

As far as I’m concerned, all you single parents are heroes without capes. Well, you’ll swoosh on a cape when your kids want to play dress-up. But that’s beside the point. Single parents have to...

These 5 Steps Will Help You Get Started

Setting up a budget is about as exciting as going to the dentist. It’s challenging. You’re forced to face your spending habits and then work to change them. But creating a budget will set...

Earn Gift Cards With Shopkick (Without Spending Money)

Shopping is such a double-edged sword. On one hand, you have sparkles dancing in your eyes as you walk down the aisles of Target and T.J.Maxx. You run your fingers across all the items promising...

3 Online Shoppers Saved a Combined $1,673 When They Stopped Deleting Emails

Have you ever ordered something online only to notice that three days later, the price dropped? Or maybe you didn’t even notice, because who has time to keep up with that? The good news is a...

There’s a Gender Credit Score Gap. Here’s How to Close It

We talk about the gender wage gap, but what about the gender credit-score gap? The median credit score for men is 22 points higher than for women, according to a Federal Reserve analysis. In an ideal...

Get Affordable Life Insurance For Less Than Your Morning Coffee

Maybe you’ve thought about getting life insurance, but it seems like an intimidating, time-consuming and expensive process. Just tune out all the noise and focus on one fact you should know: It probably won’t...

Only 1% of Americans Have a Perfect Credit Score. Here’s How to Join Them

Slava Olshevskaya/Getty Images It’s the mountaintop. It’s a badge of honor. It’s a totem of success. It’s like finding a four-leaf clover. It’s the tippy-top — the cream of the crop. It’s a perfect credit...

Here’s How to Manage Your Money Like a Millionaire

You dream big. In fact, you imagine dining on caviar while relaxing on a yacht. Nevermind that you are actually chowing down on some ramen on your futon. It’s all a state of mind, right? Yes...

What Is Chapter 13 Bankruptcy? Here’s a Beginner’s Guide

PeopleImages/Getty Images We hear about bankruptcy in the news all the time. But the type we hear about most, Chapter 11, is what businesses typically use to restructure their debts. Chapter 7 and Chapter 13...

Let This Financial Assistant Reduce Credit Card Interest for You

Christine Culver looks out a window of her home in her Alexandria, Va. She’s in a much better place financially now than six years ago, after a divorce and a stretch when money was...

What is a 401k and How Does it Work?

Even if you’re young, it’s never too early to think about retirement. If you have a full-time job that offers a 401(k) savings plan, you might already be saving for your future. But if...

Best Online Banks for Checking and Savings Accounts

When is the last time you checked to see how much your checking or savings account was earning you, just for having money in it? If you bank with a traditional brick-and-mortar bank, it...

How to Get Affordable Life Insurance in 4 Simple Steps

Life comes at you fast. At 5 years old, Derick Davis’ life changed forever when his father unexpectedly died. Though he had a life insurance policy, the coverage wasn’t enough to help Davis’ mom keep their...

I Need Help With Debt, but I Don’t Know Where to Start

Dear Penny, I am in a horrible spiral. We first got into debt when my husband and I agreed I should stay home to care for our first baby. Without my income — and with...

25 Ways to Save Money When You Don’t Know Where to Start

I won’t sugarcoat it: Saving money isn’t the easiest task. But I’m here to tell you it’s possible to save money without living off ramen, without recruiting seven roommates and without giving up all of...

How Credit Card Rewards Trick You Into Overspending

Kelly Fedynich of Morristown, New Jersey, loves to travel. The teacher, 28, had used a rewards credit card before....

Zero-Based Budgeting Makes You Account for Every Dollar You Earn

Here’s a simple question for you: Are you spending more than you earn each month? Let’s get even more...

11 Simple Ways to Save Money as a New Parent

So you’re a new parent. Congratulations! Being a parent will change your life in many ways — most...

Find the Best Bank for Your Age and Financial Situation

What do you want out of your bank? Really? The 21-year-old working her way through college has different needs...

5 Steps Anyone Can Take

If you’ve got so many debt collectors calling and demanding money that you’re afraid to answer your phone,...

10 of the Best Checking Accounts, Graded on Fees, Rewards and More

How do you choose where to do your banking? If you’re like a lot of people, you probably just...

What is a Credit Score? Here’s Everything You Need to Know

Like it or not, your credit score is an important number. It often dictates what you can and...

Best Free Budget Spreadsheets for Every Budget Style

In a recent focus group here at The Penny Hoarder, we asked people how they like to budget. It’s...

48 Tips for Broke Students

Between your studies and your social life, there’s a lot competing for your time and attention in college....

It’s Easy to Compare Life Insurance Rates Online With This Tool

Getting life insurance seems like such a pain. I mean, you have to jump through all these hoops —...

If You Work From Home, Take Advantage of These 11 Tax Deductions

While there are plenty of pros to working from home,  the downside is it can cost you plenty....

How to Budget Like a Pro in 4 Steps (No Accounting Degree Needed)

If you’re anything like me, you’re perpetually swinging between vowing to cut all unnecessary spending cold turkey and...

Considering Chapter 7 Bankruptcy? Here’s What You Need to Know

Filing for bankruptcy is never an easy choice. But sometimes, it can feel like the only way to...

Invest Your Way: Our Self-Directed 401k Guide

Retirement accounts are a scary subject. Why? Because the unknown is terrifying. A lot of us don’t know much...
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