Author: Ime Atakpa

For a borrower without an excess of liquid capital, this can seem like a dream come true since it allows for the acquisition of the loan without sacrificing a chunk of income that could instead—in theory—be used as a nest egg to pay for the loan’s initial payments. This mindset isn’t unwarranted, but it’s the psychological response expected from lenders to lock you in to a payment plan that may not fall within the scope of what’s financially sustainable to you. The Purpose of Down Payments From a lender’s perspective, down payments demonstrate financial health. The larger a down payment,…

Some drivers can accomplish this without the assistance of unlawful behavior, but many of us are willing to break a few rules if it means getting to our destination faster. Before breaking those rules though, consider that there were over five million vehicular collisions in 2020 despite COVID-19 putting the brakes on many people’s annual mileage. This number is down by over 1.5 million of the average of the previous three years, which goes to show just how dangerous driving can be. It goes without saying that preparation is often the greatest tool we have against the need to rush.…

“You need to go to college if you want to be successful.” It’s a common argument, often delivered from expectant parents to their children. This argument is well-intentioned and not entirely inaccurate. {Culture and family dynamics can often inform the perceived significance of college}, but it isn’t the only pathway to a successful future. At least not in the way that well-meaning parents prop it up to be. Benefits of College Degrees Across the board, there are benefits to holding a college degree. These benefits involve improvements to quality of life in terms of median income, benefit packages, and job…