Personal finance

How much money should I have saved before having a baby? Plan to have at least $20,000 in the bank. Read more on www.northwesternmutual.com Although it is a wonderful experience, having a child may be very expensive. You must be financially prepared as a parent for the obligations that come with having a baby. You’ll … Read more

How much tax do you pay on $500? For a single employee paid weekly with taxable income of $500, the federal income tax in 2019 is $18.70 plus 12 percent of the amount over $260. This works out to be $47.50. Read more on smallbusiness.chron.com A crucial component of our economy is taxes. The government … Read more

How much should you spend on an engagement ring? General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring. Read more on www.estatediamondjewelry.com A wedding band represents commitment and love. It’s a big purchase … Read more

How do people get rich off credit cards? The easiest way to make money with credit cards is by earning rewards, particularly cash back rewards and big signup bonuses. So long as you use a cash back credit card for purchases you were going to make anyway, and then pay your bill in full to … Read more

Is it OK to use a credit card if you pay it off every month? As long as you pay your balance in full and on time each month, there is nothing wrong with using credit cards instead of carrying cash, or in taking advantage of rewards like cash back or frequent flier miles. Just … Read more

Can I apply for a credit card 6 months before buying a house? Depending on how soon you plan on buying a house, you might be able to apply for a new credit card before. At a minimum, apply for a home mortgage at least three months after you apply for a new credit card. … Read more

Is it worth it to buy a cappuccino machine? More often than not, a good personal coffee machine is well worth the cost. You’ll not only be saving more money per cup as opposed to buying at a coffee shop, but it’s also faster and more convenient than going out to your local coffee place. … Read more

How can I get a 5000 credit limit? Read more on www.cnbc.com Any credit card’s credit limits are a crucial component. The maximum sum that a credit card provider permits a cardholder to borrow at any given moment is known as the credit limit. As it influences your credit score and establishes how much credit … Read more

Is Bill consolidation a good idea? Is Debt Consolidation a Good Idea? Debt consolidation is usually a good idea for borrowers who have several high-interest loans. However, it may only be feasible if your credit score has improved since applying for the original loans. Read more on www.forbes.com It can be difficult to keep track … Read more

What credit score do I need for a SBA loan? around 620-640+ The Small Business Administration doesn’t set specific credit score minimums for SBA loans. However, lenders set their own SBA loan requirements, and you’ll typically need a credit score somewhere around 620-640+ to get an SBA loan. Read more on www.fundera.com Small Business Administration … Read more