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probate

  • Posted on October 24, 2019July 26, 2022
  • by BrightDime

Probate is the process of administering a deceased person’s estate (their money, real estate, assets and possessions) and distributing the remainder after all debts and taxes are paid. If there…

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I Want to Start Investing. What Are the Next Best Steps?

  • Posted on October 18, 2019July 26, 2022
  • by BrightDime

So you want to invest! In what? What kind of account? What type of investment? How much risk are you willing to take? What are your goals? Yikes! There is…

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  • Glossary

FDIC

  • Posted on October 15, 2019July 26, 2022
  • by BrightDime

The FDIC (Federal Deposit Insurance Corporation) insures deposits of account holders at financial institutions against the failure of the institution. The insurance is paid for by the financial institution and…

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I Want to Minimize the Cost of College. What Are the Best Next Steps?

  • Posted on October 11, 2019July 26, 2022
  • by BrightDime

In a recent survey 66% of college graduates reported they had regrets about taking on so much debt in student loans, especially for degrees with fewer job prospects. Others wished…

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  • Glossary

FAFSA

  • Posted on October 11, 2019July 26, 2022
  • by BrightDime

FAFSA (Free Application for Federal Student Aid) is a very detailed application process to determine your financial need and whether you qualify for federal student financial aid such as grants…

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  • Glossary

roth ira

  • Posted on October 10, 2019July 26, 2022
  • by BrightDime

A Roth IRA (Individual Retirement Account) is a type of tax advantaged retirement savings account. Contributions are made with after-tax dollars and withdrawals are tax free when withdrawn in retirement.…

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I Have Some Extra Cash. What’s My Best Next Step?

  • Posted on October 4, 2019July 26, 2022
  • by BrightDime

You finally have some breathing room in your budget; you’re spending less than you earn and there’s cash left over at the end of the month. Now you want to…

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How to Find Your Credit Score(s) for Free

  • Posted on September 28, 2019July 26, 2022
  • by BrightDime

Almost everyone knows they have a credit score and that’s it’s important. But people get confused when they see their scores in multiple places and they’re different, sometimes really different.…

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My Credit Score Isn’t That Great and I Want to Improve It. Where Do I Start?

  • Posted on September 28, 2019July 26, 2022
  • by BrightDime

Improving your credit score is a great goal; it impacts so many things in your financial life. Credit scores are based on data reported by your creditors to the credit…

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  • Glossary

credit inquiries

  • Posted on September 24, 2019July 26, 2022
  • by BrightDime

Credit inquiries (or credit pulls) are when a creditor or lender sends a request to one of the credit agencies to review your credit report. This inquiry may become part…

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