Recently identity theft has been in the news frequently. First, it seemed like one store's credit card database after another were breached. Now, government offices like the IRS online transcript service and the Office of Personnel Management's personnel files have been hacked! I feel like it is...

Interest rates on loans vary tremendously. For example, the benchmark 30-year fixed-rate mortgage loan rate is 4.01%, according to Bankrate's recent survey of large lenders. In contrast, a vehicle title loan's annual percentage rate is often over 200%! What is a title loan? Auto...

The Financial Fat Cat is back with a new savings tips! This summer the Consumer Economics team wanted to be in the GoBankingRates #MoneyMinute Challenge again! With our great...

To rent or buy, that is the question! After being a renter for the last eight years of my life, I like the benefits of being a renter. I'm not tied down to my home and can move anywhere in the country. If something is broken, my property owner fixes it and I don't have to shovel snow or water the...

Whew! What a journey we've been on together with the Sasha Learns: How to Buy a House series! This month we're going to cover the closing process. If you've been working with awesome "

When the topic of credit comes up in one of my classes, people tend to have lots of questions about it. However, I am always shocked on the amount of people who don't check their credit on a regular basis. Below are some great reasons on why you should check your credit report! Check Your...

Recently a friend asked me, "Could she pay back her student loan more quickly and avoid some of the interest charges?" This is a great question! The answer is yes; most federal and private loans allow people to pre-pay their loans without penalty. Illinois students who borrow money for their...

As the Sasha Learns: How to Buy a House series comes to an end – the final step in the first time home buying process is moving in! When I first moved to Illinois I went through the moving process with my

I believe in the importance of financial education; I am a financial educator. I believe with good information people can avoid many costly errors and utilize their money to reach their dreams and goals. But it's not enough! And, as I talked to people during Money Smart Week I realized that it may...

March is a big part of a financial time of the year. For those sports fans, especially of college basketball, the all-important "bracket" is the subject of many studies, guessing and possible financial "investing". It can be an exciting or agonizing time as favorite teams are defeated, and a "...

When you buy a home for the first time or even your 100th, there is a group of people you need to work with to get the home purchase accomplished. In a previous post we talked a lot about

We often play games to entertain us or to help teach life lessons in a pretend or safe environment. How about making savings a game? For many people, asking or requiring them to save as part of their overall spending plans, may feel like a punishment. I have to save this money so I...

The Affordable Care Act requires that United State citizens have health insurance. However, for some, this information is coming as a surprise when they files taxes this year AND they're surprised by the penalty they need to pay too. If you're one of the ones who first learned of this when you were...

A few weeks ago, I wrote a post about "The Credit Question" for my series on How to Buy a House! This week our focus is more on credit utilization as well as ways to potentially fix

Brightly colored scarecrows crowded by pumpkins, yummy pie recipes featured online, holiday lights displayed in local stores, it's that time of the year: the holidays are upon us! It can be a wonderful time of the year to catch up with friends and family, and enjoy the changing seasons. But with...

To reach financial goals, like college or down payment on a home or a special trip, we need to save money. But it can be hard to start saving. One way strategy that works is to start small and to save regularly! And when I say, start small – I mean small. How much do you think you'...

Recently I heard an excellent presentation by Ella York, an attorney from the Illinois Attorney General's office. Identity theft is the #1 issue that is reported by consumers to the Illinois Attorney General's office. I appreciated Ms. York's well-thought out presentation and came away with several...

Money Smart Week is coming, April 18 to 25, 2015. It's the best time of year to learn anything you want about managing your finances. Why is it the best time? It's all free. There will likelyworkshops near you. Over a...

So far in this series we've talked about renting verses buying, credit, and finding a realtor. Today's blog post will be slightly more fun as we'll briefly talk about the pre-approval process and the house hunt!! The Pre-Approval Process Getting pre-approved is an important step in...