Debt management

Bankruptcy may be a frustrating situation, but it also gives the opportunity to restart your financial habits for a better future. One of the most asked questions, is how to build credit after bankruptcy. As you’re about to read, in this article, Baby Boomers Financial gathered...

Do you prefer to use the so-called plastic money and you’re trying to get a credit card? As you already know that you must pass the approval process of creditors to get it. And even though it’s easy to file your request, there are certain...

Have you heard about liens but you’re not quite sure what it means? As you’re about to read, in this article, Baby Boomers Financial will break down the term for you. We’ll explain you what exactly they are, and how they actually work. Ready, set,...

Is the balance of your savings account zero, or it definitely needs a boost? Well, you’re not alone. Saving money when you barely make enough to cover your expenses, can be really hard. However, there are always small things here and there that can save...

While many will argue that bankruptcy brings the end of the world, the truth is, that there is light at the end of the tunnel. Bankruptcy can be a great opportunity to restart your finance, and learn how to manage them better in the future....

Elizabeth Warren said among others about bankruptcy: “Bankruptcy is about financial death and financial rebirth. Is the great American story rewritten. We're a nation of debtors.” While the majority of people believe that declaring bankruptcy is the worst thing can happen, they may need to...

As of 2018, there are 45 million Americans that owe the astronomical amount of $1.56 trillion in student loan debt. And if that wasn’t scary enough, know that this is around $521 billion more than the overall credit debt of U.S. While student loans aren’t...

Did you just receive your credit report and everything seems Greek to you? You're not alone! Every time you read your credit report, especially for the first time, can be really overwhelming and confusing. In order to understand what you’re reading, first you should know...

Most of you, the so-called Millennials, you are now in your 20s and 30s. A crucial time in someone’s life to make major financial decisions. Think home and car ownership, or long-term investments as an example. Yes, it’s difficult to grow when there is such...

You may be thinking now, how quotes are related to my financial issues? Well, quotes have a difficult to explain, yet compelling power. It’s about a basic human need to fit and feel related with the surrounding environment. People love to adopt mantras and live...

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Little things can cause you as much - or even more - pain as the bigger things in life. Little things can really add up, especially if you continuously ignore them.

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There`s a lot of reasons why parents should start saving for their children`s college education. Some start right when the baby is born and some wait until their child enters high school. But when is the best time to start saving?

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With a baby on the way, parents often start to think about their future. Thoughts like: What will my kid be in the future? Should we start saving money for a college education? But what if she/he doesn`t want to go to college?

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There are a lot of words we think of when we see the words “cost-effective”: cheap, lesser, affordable, etc. and even though Christmas and New Year's day are not passed yet you know that you need to start spending smart and saving smart if you want to be able to go on those Spring and Summer Vacations.


Concerned about your credit history? Here are practical ways to boost your credit score.

Your credit report may stay with you for the rest of your life, but it doesn’t need to be a burden. Ultimately, you have some control over how it presents your financial well-being.

Even if your credit history isn’t great now, it’s never too late to learn how to improve it. With some time, your credit rating can become stellar — and you can be rewarded with faster credit card approval or that big home loan with low rates.