Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
Maintaining a good credit score is like taking good care of health, one way. You need this 3 digit number for nearly any new activity you want to initiate, be it taking out a home loan, buying a car, applying for credit cards, or cell phones. Credit bureaus like Equifax, Experian, Transunion usually use the FICO credit scoring model to calculate your credit score ...
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"For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. -- Paul, 1 Timothy 6:10" Your mental health can play a crucial role as to how your financial health will be. If you’re suffering from extreme manic as well as depressive episode, then it could be a sign ...
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Debt has earned a bad name since time immemorial. And it’s quite obvious for people to consider it as an omen. But is it so? The reason is your financial obligations can limit your reach towards higher echelons of life. It can act as an opposing force and put you off track from hitting your retirement target. However, for many consumers, debt is a way of life ...
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I am back again with yet another post for parents. My last post was on - Final back-to-school financial checklist: Countdown begins. I hope all of you have read and liked it. This post is also on the back-to-school season. But this time I will be talking about the back-to-school season and the ways to overcome the stress (both emotional and financial) that comes with ...
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These are very confusing yet crucial terms to be understood - debt-to-income ratio and debt-to-credit ratio. Before we head on to explain these terms, it is highly advised to have a clear concept on the topics. Then we will differentiate between these two subjects and try to give you suggestions on how to lower the ratios for a better credit score reputation.Important ...
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This post is again dedicated to all the parents. Oh please, don’t think that I have become a parent, and I’m overwhelmed with paternal feelings. It’s just that when I was writing about Is it high time we teach personal finance to preschoolers? , a question popped into my mind about the predicament of parents after they leave home. If you think carefully, parents ...
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Summer is over. Vacation, lazy days and outdoor games are out of your life. Now is the time to get ready for the back-to-school season. It’s time to review your finances and be ready for the educational expenses.Just remember one point, you have to consider a lot of things this time. The first half of the year is over. The second half is still there. So you have to ...
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This post is for both the newbie and would be parents.If you ask me, every day is a parent’s day. Parents have no holidays. They work 24*7 only to help their children get the best life. Besides, being a parent is a big responsibility. It is his/her responsibility to bring an overall development of your children, and the right age to begin the development process is ...
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