4 Credit Card Companies That Offer FREE Credit Monitoring Monitoring your credit report is one of the best ways to catch identity thieves in their tracks. And staying on top of your actual score helps you be prepared to apply for loans and credit cards as you need them. Keeping track of your credit can get expensive, though. Sure, plenty of websites and identity theft protection companies offer monthly monitoring. But these services can cost upwards of $20 a month, and those costs add up. But now consumers have more access than ever to free credit score information. Websites like Credit Karma and Credit Sesame offer free (and fairly accurate!) credit monitoring for consumers. But if you want to see the actual credit score potential lenders see, you may want to check your credit card statement.
Social Security is worth $225,000 for a typical retiree According to a report just released by the National Academy of Social Insurance, the average monthly benefit for retirees is $1,045 in 2007. A 65-year old who wanted to buy a guaranteed income of that size — with payments that go up with the cost of living and continue for a widowed spouse — would need to pay an insurance company about $225,000. The report also found that with social security, 10 out of every 100 retirees are living in poverty. Take social security away, and the number would jump to 50 out of 100.
Is a Home a Good Investment? The Numbers Will Surprise You It’s a hotly debated question. Is it better to buy or rent? Many argue that buying is best because on average homeowners have a higher net worth than renters. Rather than looking at averages, however, today we are going to look at an actual case study. My wife and I bought our first home in 1993. We sold it 11 years later. I’ve got all the numbers we need to dive in and see just how well we did. The results will surprise you.
Top Reasons Millennials Shouldn’t Buy a Home — Yet… Many millennials want to buy a home. But maybe they shouldn’t just yet, says Trulia’s consumer expert. There are many reasons to buy your first home, including dozens of financial benefits and lifestyle benefits. And right now, it’s a buyer’s market; interest rates are still low, hitting 4.34% for a 30 year fixed loan this month. According to the latest Trulia survey, 68% of Millennials are in the market for a home priced at $200,000 or lower. However, home buying is not for everyone. For all the positive aspects to home ownership, there are some very compelling reasons not to buy a home right now. So, if you’re ready to jump headfirst into the ‘American Dream,’ read this first.
Pew Study: Americans live as they vote “If people living in ‘deep red’ or ‘deep blue’ America feel like they inhabit distinctly different worlds, it is in part because they seek out different types of communities, both geographic and social,” the Pew analysis concludes. Substantial majorities of Americans with liberal views prefer to live in a community where houses are smaller but where stores, restaurants and schools are within walking distance. The more liberal someone is, the more likely he or she is to express that preference.
What is the ideal community? To conservatives it is a small town or rural area. To liberals it is a city or suburb — although the suburbs are neither side’s favored location. Just 4 percent of those who are the most consistently conservative say they prefer to live in a city, while just 11 percent of those with the most consistently liberal views prefer to live in a rural area.