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Tamila McDonald is a U.S. Army veteran with 20 years of service, including five years as a military financial advisor. After retiring from the Army, she spent eight years as an AFCPE-certified personal financial advisor for wounded warriors and their families. Now she writes about personal finance and benefits programs for numerous financial websites.

4 ICO Scams in 2018 and How to Avoid Becoming a Victim

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Interest in cryptocurrencies skyrocketed after the stunning rise of Bitcoin during late 2017. It also led new companies to join the game, creating new altcoins to attract investors.

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5 Great DIY Investor Apps You Need to Know About

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It wasn’t long ago that you had to find a broker if you wanted to invest. Now, there are plenty of DIY Investor Apps that can let you control your portfolio from just about anywhere. [Read more…]

5 Emergency Documents You Should Have Now

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Emergency Documents

While no one wants to think an emergency will strike, they happen to people every day. You could become ill or injured unexpectedly, or even die.

Yes, it’s hard to think of these things happening to you. But, the truth is, it happens to everyone eventually. That makes it wise to have specific documents in order, in case the unthinkable happens to you. It’s also wise to have life saving devices like the best medical alert system within your budget if you live alone or have special needs.

With that in mind, here are five emergency documents everyone should have right now. [Read more…]

What are the Responsibilities of a Power of Attorney?

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Power of Attorney

At some point in your life, you may either need to issue or act with a power of attorney. But, unless you’ve are already familiar with the arrangement, you likely have questions regarding what it can and can’t do.

Essentially, a power of attorney is a legal document. It allows one person, the agent, to act in the name of another, the principal. However, with these authorities also come responsibilities.

If you’re wondering about the responsibilities of a power of attorney, here’s what you need to know. [Read more…]

Your Mortgage Payment is Late: 5 Solutions

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Mortgage Payment

Sometimes, catastrophe strikes when you least expect it. Maybe you suddenly become unemployed, and your bank account isn’t holding up. Maybe someone stole your debit card number and some of your money is gone.

Whatever the reason, you couldn’t pay your mortgage on time. And, now, you’re late.

While falling behind on your mortgage is cause for concern, it doesn’t have to result in disaster. There are things you can do to get back on track fast, possibly preserving your credit score in the process. Here’s what you need to do. [Read more…]

5 Student Loan Deferment Tips

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Student Loan Deferment

If you’re a current student or recent graduate, making your student loan payments is a daunting prospect. Even if you have a job, that doesn’t mean you have the income to support what can be a sizable obligation. However, student loan deferment can help.

It’s also possible for professionals to struggle with student loan debt. A surprise financial hardship can make it hard to keep up, and it often seems that you have very few options for help.

In some cases, student loan deferment can provide some reprieve from your obligation, even from student loan interest. If you’re struggling to keep up with your payments, here are five student loan deferment tips that you need to know. [Read more…]