Debt Repayment

Lending money to loved ones

How to Lend Money to Loved Ones Without Wrecking Your Relationships

by Sophia Bera February 22, 2017

Here’s a question that can negatively affect your relationship with a friend, relative, or significant other for years to come: Can I borrow some money? When someone you care about needs financial help, you don’t want to leave them in the lurch. After all, these are the people you’d turn to in a crisis — […]

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2017 Money Moves

17 Quick & Dirty Money Moves You Can Make in 2017

by Sophia Bera January 11, 2017

It’s a new year, and you are pumped to make some changes to your finances. Only you don’t know where to start and you’re afraid to make a mistake. You’ll totally get around to it, though … once you’re done with a bunch of other chores you just remembered you had to do right now. […]

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Raising your credit score

5 Ways to Repair Damaged Credit

by Sophia Bera August 10, 2016

When used responsibly, credit cards and loans can be amazing tools. Using a credit card instead of cash allows you to maintain a detailed record of your spending, and racking up rewards points can save you a lot on large expenses. Loans make it possible to spread out payments on big-ticket items like a house […]

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grad school

How to Pay for Grad School, Law School, or Your MBA

by Sophia Bera April 20, 2016

If you’re considering going back to school to get a master’s degree, law degree, or MBA, you might be looking into student loans to help pay tuition — especially since many graduate programs cost $50,000 a year or more. Yikes! This is a choice to not take lightly. Taking on debt of this magnitude (possibly […]

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Financial planning for an inheritance or settlement

What To Do with an Inheritance or Settlement

by Sophia Bera April 6, 2016

If you receive a large windfall from an inheritance or lump sum settlement, you’re suddenly faced with financial decisions you weren’t expecting. Getting a lot of money at once can be a blessing and a curse. You’re not only dealing with the emotions of receiving this money (maybe from a loved one who passed away, […]

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Student Loans

Student Loan Debt and What to Do About It

by Sophia Bera February 24, 2016

When you work with Millennial clients like I do, you are very well-acquainted with how student debt can affect a person’s everyday life. As countless articles and news reports lament, today’s 20 and 30-somethings are putting off buying homes and cars, getting married, having kids, and saving for retirement. While a bachelor’s degree is generally […]

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Recession-proof your finances

Are You Prepared to Ride Out the Next Recession?

by Sophia Bera January 27, 2016

The stock market experienced quite a few drops in January, causing a frantic debate in the media over whether or not another recession is coming. You might have been in college during the 2008 recession, or recently graduated and struggling to find a job. Or maybe you were a few years into your career and […]

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Financial New Year's resolutions

Stick to Your Goals for a Financially Fantastic New Year

by Sophia Bera December 30, 2015

New Year’s Eve is right around the corner and in addition to picking out that perfect sequined party dress, you might be thinking about what New Year’s resolutions you’d like to take on. Maybe this the year you commit to working out three times a week, learn how to code, or conquer your fear of […]

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Student debt

Is Student Loan Debt Worth It?

by Sophia Bera October 21, 2015

When you’re weighing whether or not to take out loans to complete your education, it’s hard to avoid the news about the student debt crisis. The college class of 2015 was the most debt-laden in U.S. history, with an average debt of $35,000 per student. It begs the question: is all this debt worth it? […]

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Farnoosh Torabi

Being a Credit-Savvy Millennial: An Interview with Farnoosh Torabi

by Sophia Bera July 29, 2015

Recently, I had the chance to chat with Farnoosh Torabi. She’s a personal finance expert who has used her knowledge to help people with actionable financial advice. Her work is deeply rooted in her own experience as a recent graduate trying to get by. At 22, Farnoosh was making less than $40,000 a year in […]

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