How to Refinance Student Loans

Here’s how to refinance student loans, in a nutshell: Find lenders that will offer you a lower interest rate. Compare them. Apply. If you’re approved, the new lender will pay off your existing lender. Going forward, you’ll make monthly payments to the new lender. But not everyone should refinance. Refinancing federal student loans renders them…

What Is a Budget?

What is a budget? Definition: A budget is a spending plan based on income and expenses. In other words, it’s an estimate of how much money you’ll make and spend over a certain period of time, such as a month or year. Budgeting can involve making a comprehensive list of expenditures or focusing on a…