Finance

Having a low income can be frustrating, especially because bills constantly need to be paid and you cannot always buy what you want. As much as you desperately want to earn more money to meet your needs, a better job might not show up and you need to make do with what you have. To save money on a low income, you must be strategic about your spending habits. Saving money can seem complicated or impossible when you have an income you feel is barely capable of covering your...

A savings account is an excellent way to store and save money you don’t intend to use immediately. A savings account can be used for long-term financial goals such as buying a house. Or they can be used for short-term financial goals like emergency funds. A savings account is one of the most common types of bank accounts, yet many individuals need help understanding how they work — they are relatively simple to use. You deposit money, your bank provides interest and you can withdraw money whenever necessary. However,...

While refinancing your house can help you save thousands of dollars, it also comes at a cost. The closing cost when refinancing a house will vary from property to property, making research into the exact figures essential. When you refinance house properties, your interest rate can reduce. At the same time, refinancing can shorten your loan repayment term. Also, there's the benefit of converting home equity into liquid cash. These make the closing costs for house refinance worth it. The specific percentage cost it takes to refinance your house...