A Beginner’s Guide to Choosing Your First Credit Card

The economic recession caused by COVID-19 has made lenders more conservative in approving lines of credit. This means if your credit score isn’t good, it will be more difficult for you to get approved for a credit card right now.  “It’s so much harder to get a new credit card or other type of loan now … Continue reading A Beginner’s Guide to Choosing Your First Credit Card

Don’t Wait Until You’re Debt Free to Begin Building Wealth

Certain personal finance experts will tell you this financial plan: Conquer debt first, build an emergency fund, and then invest. I think that’s wrong. Of course it’s easier to focus on one step instead of a multi-pronged attack, but waiting years, possibly even a decade or more, to start investing limits your capacity to build future long-term … Continue reading Don’t Wait Until You’re Debt Free to Begin Building Wealth

How I Negotiated a 15% Rent Reduction With One Phone Call

When it came time to renew the lease on my studio apartment in Manhattan this summer, I knew I wanted to stay.  New York City, once the epicenter of the coronavirus pandemic, is now finding itself adjusting to a life that looks somewhat normal — at least for those of us who, without children, do … Continue reading How I Negotiated a 15% Rent Reduction With One Phone Call

Don’t buy a home, if you can’t afford to fix it

One definition of homeownership: the process of draining yourself of money due to home-maintenance costs. Interest rates are low, the housing market remains hot(ish) and it’s home-buying season. Prospective homeowners all over America are licking their chops for a piece of the pie. For those folks who are going to complete the home-buying process without any … Continue reading Don’t buy a home, if you can’t afford to fix it