Taking an assessment of your money situation is an important first step in having a better relationship with money or being better able to use money as a tool in your arsenal. Identify whether you’re in denial due to debt and the next steps for you to consider.
If you have a sizable loan, whether for your car, student debt or a home, you’ve probably heard the term refinance.
By definition refinance is the action of financing (something) again, typically with a new loan at a lower rate of interest.
Here’s a quick overview on when you should consider it for yourself.
As we continue to gather the data of others based on research and polls, there is still a resounding truth coming through – education in terms of financial literacy truly helps a person manage their money with success.
My name is Achsha Jones, I’m a thirty-eight-year-old “Xennial” (Gen X/Millennial cusp), native and current Detroiter. This is #MyRenaFiStory. I have two daughters, twelve and six, and a fifteen-year-old stepson. In the last decade, I’ve filed for bankruptcy and divorce, remarried, had another child, changed careers twice, purchased a home and went broke. Telling the story of how my upbringing and experiences of almost four decades have brought me to my present state is complicated and lengthy so I’ll give you the Readers’ Digest version.
Growing up in 80s Detroit, I saw a lot; the city was heavily segregated and losing thousands of residents every year. There was an annual tradition of massive arson lasting up to a week that would begin on “Devil’s Night”, the night before Halloween where hundreds of buildings were set ablaze.
Hi! I’m Kat. I work for Rena-Fi, Inc. I’ve been here since its inception. I actually filed all the corporate paperwork, so you could say I’ve been here since before the beginning.
I may have some fancy titles, but I’m really and truly just a regular middle-class American gal. I’ve been through some financial hardships and that’s what I’m bringing to the table today in order to relate to you, not about my job, but my struggle with money.