Debt Consolidation Tips
Having a large number of bills come in every month can be overwhelming. Debt consolidation is a way to cut down on that, bundling everything into one large bill to keep things simple. Many companies also advertise that you can lower your monthly payment by consolidating your bills; while this is sometimes true, many factors must first be considered.
Low Cost Personal Loans
Here at Twenties Retirement, we advise people to avoid going into debt if at all possible; it's always a lot easier to get in than it is to get out. Unfortunately, it's not always possible. If you must borrow money, what is the best way? Read the rest of this entry »
Personal Loans from Barclays Bank: All About Barclays Personal Loans
The 25th largest company in the world, Barclays PLC is the largest financial services provider worldwide. It is the second largest bank in the UK and the world, with $3.7 trillion in assets. Barclays was in the news in the United States in 2008, when it acquired Lehman Brothers during the peak of the financial crisis.
Getting Your Free Credit Report
To adequately prepare for retirement, it's important to understand the basics of credit. Having good credit makes it easier to borrow money at lower rates; while you generally want to avoid going into debt, sometimes you have no choice. A better credit score can also result in lower premiums on your car insurance, improve your chances of getting a job, and help in other (apparently unrelated) ways.
How Much Money Do I Need?
How much money do I need?
There are really two questions here: how much money will I need to live on after I retire, and how much do I need to save now to meet that goal? If you start saving early and plan correctly, most of the money you'll live on in retirement will actually come from compound interest, rather than being money you put away yourself.
Once you retire, you might need less money...or you might need more! Consider these factors..
Roth IRA vs 401(k)
There are a great number of different retirement plans out there, but the two most common are the 401(k) and the Individual Retirement Account (IRA); each have their advantages and disadvantages. There’s a good chance that you want to have both!