The feeling of having a home equity line is a lot like owning an RV. Many don’t know why they bought it, are not using it, and are paying unnecessary costs. Others, however, are using it at the right time and swear that having one is well worth the hassle.

Every year, the cost of attaining a higher education gets higher, creating a need to seek additional financial resources. Student loans can quickly accumulate into serious debt, so it’s important to understand your options when choosing between a federal and a private student loan.

Giving children an allowance helps them to experience some level of freedom and independence, while also teaching them about savings and responsibility. But how much is too much or too little?

Losing your job can create unwanted financial stress, but there are smart financial moves you can make to sail through this change in your life.