Credit Card Consolidation Loan
Four Finance Topics Every Kid Should Know
It’s never too early to learn how to handle your money. Imagine if your child were suddenly about to move out but never learned how to manage an income. The things kids need to now about finances are not that different than what adults need […]
View moreIRS Reveals List of “Dirty Dozen” Tax Scams for 2020
Each year, the IRS publishes the “Dirty Dozen,” a list of tax scams most prevalent during that year’s tax season. This year, with COVID-19 pushing off the federal tax deadline to July 15, the IRS held off publishing the list until early July, and of […]
View moreYour Guide to Using Credit Cards
Q: I’d love to improve my credit score, but I can’t get ahead of my monthly payments. I also find that my spending gets out of control when I’m paying with plastic. How do I use my credit cards responsibly? A: Using your credit cards […]
View moreMy Savings has Been Wiped Clean; How can I Replenish it?
Q: The last few months have been really tough on my finances, and I’ve been forced to use my savings for getting by. My emergency fund and savings account are basically zero. Now that my financial situation is starting to improve, I’d like to start […]
View more5 Ways to Pay off a Loan Early
If you’re like most Americans, you probably owe money toward a large loan. Whether that means carrying thousands of dollars in credit card debt, having a hefty mortgage in your name or making car loan payments each month, loan debt is part of your life. […]
View more7 Ways You Can Use a Personal Loan This Summer
Summer is a time for fun and excitement, but it can also be super expensive. Before you start swiping the plastic for everything under the sun, we recommend considering a personal loan to stay within your budget. At TEG, the application process is smooth and quick. […]
View moreHow to Create a Budget in 6 Easy Steps
If you’re always wondering how you’re going to pay the next bill, feel guilty when you indulge in overpriced treats and you can’t seem to find money to put into savings, then you probably need a budget. A budget is not a magic potion that […]
View moreWhy Does my Credit Score Matter?
Your credit score is made up of three numbers, serving as an indicator of your financial history, wellness and responsibility. These three little numbers can spell the difference between approval and rejection for a mortgage, a job, a rental unit and so much more. We […]
View moreAll You Need to Know About Student Loan Changes During COVID-19
With unemployment at a record high and many employers cutting work hours, college graduates have been struggling to meet their student loan payments. Thankfully, the federal government has passed legislation to ease this burden. Unfortunately, though, many borrowers are confused about the terms and conditions […]
View moreTEG Retirement & Advisory Services- 3 Things to Keep in Mind if Your Credit Limit was Recently cut
Nearly 40 million Americans have lost their jobs in the last nine weeks as the coronavirus pandemic has upended the economy, and financial institutions have already seen a major increase in deferment requests, delayed payments and forbearance applications. In an effort to reduce risk, major […]
View moreHouse Passes HEROES Act
The House of Representatives passed a $3 trillion stimulus bill on Friday, May 15, with a 208-199 vote. The more than 1,800-page legislation, dubbed the Health and Economic Recovery Omnibus Emergency Solutions Act (Heroes Act), would provide another stimulus check to qualifying Americans, extend unemployment […]
View moreHow Should I Spend my Stimulus Check?
The stimulus checks promised in the Coronavirus Aid, Relief and Economic Security (CARES) Act are starting to land in checking accounts and mailboxes around the country. The $1,200 granted to most middle class adults is a welcome relief during these financially trying times. Many recipients […]
View moreHow to Protect Your Credit Score During the Coronavirus Pandemic
As many Americans now face the possibility of becoming delinquent on their debts and other bills, their credit scores could be adversely affected. Here are the steps people can take to ensure that they maintain as good a credit score as possible throughout the coronavirus […]
View morePaycheck Protection Program
The Paycheck Protection Program (PPP) is an important part of the historic Coronavirus Aid, Relief and Economic Security (CARES) Act designed to help small businesses continue meeting payroll and other expenses during these trying times. Here’s all you need to know about the Paycheck Protection […]
View moreTEG Retirement & Advisory Services- What to do if your parents need a bailout
Often, adult children need some money from their parents. But what do you do when your parents need financial help? You won’t be alone. According to a 2019 study by the Transamerica Center for Retirement Studies, 8% of Gen Xers and 3% of boomers say […]
View moreMortgage Assistance
Prioritizing Bills During a Financial Crunch
Our vibrant, animated country has been put on pause. Busy thoroughfares are now empty of pedestrians and previously crowded malls are eerily vacant, as millions of Americans shelter in place to slow the spread of the coronavirus. Forced leave of work has left many wondering […]
View moreGuaranteed Asset Protection (GAP)
How To Manage Risk in Your Portfolio
To most people, “risk” evokes negative images — driving faster than the speed limit, placing bets on “a long shot,” or traveling alone to unfamiliar places. Mention risk in terms of investing and people might think about losing their life’s savings. But in reality, investment […]
View moreTEG Retirement & Advisory Services – The Sandwich Generation: Juggling Family Responsibilities
At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs of […]
View moreTEG Retirement & Advisory Services – Plan Ahead for the Holiday Budget Crunch
Every year, millions of Americans celebrate the holidays with traditions such as throwing parties and buying gifts for family and friends. Unfortunately, many also participate in a tradition that lands them in debt — spending more than they can afford. This year, break the buy-now, […]
View moreTEG Retirement & Advisory Services – U.S. Yields and a Rate Cut
It could be a momentous week for U.S. monetary policy and the Treasury yield curve. The Federal Reserve (Fed) is expected to cut its policy interest rate for the first time in 10 years July 31. As shown in the LPL Chart of the Day, […]
View moreMillennial Parents Pay Rent & Bills
Today’s Feature Article: Here’s how many millennials get help from their parents to pay rent and other bills Roughly a quarter of Millennials (ages 25-34) receive some kind of financial support from their parents due to carrying more debt than previous generations did at their age. […]
View moreMillennial women may be on a collision course with financial disaster
Written by Jill Corfield Millennial women seriously lag men in their financial aspirations, compared with data from the same study two years ago. The reasons for this gulf include social media, career goals and family priorities. This financial gap could mean women are setting themselves […]
View moreSmart Financial Planning Strategies to Borrow from Women and Millennials
Author Jean Chatzky We have so much to learn — but so did they. Here’s what they’re doing right. Lately the headlines in personal finance have been pretty bleak — the average 2017 graduate has nearly $40,000 in student loans, millennial homeownership is down, and 39 percent […]
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Financial Tips for Single Parents
Single parenting brings unique budgeting challenges. The U.S. Department of Agriculture reports that it costs an estimated $241,080 for a middle-income couple to raise a child to age 18 – and many single parents shoulder that responsibility alone. Even with adequate child support, it’s smart […]
View moreKeeping Friends And Finances: How To Deal With Financially Challenging Friendships
Friends are the family we choose for ourselves. But some friends can be a serious drain on your savings. If you recognize these kinds of people in your life, it’s hard to know what to do. Here are several examples of financially dangerous friends and […]
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