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See how our BrightDime coaches answer some of our most commonly asked financial questions

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How should I start setting financial goals?
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How should I start setting financial goals?

  • Posted on December 24, 2020July 26, 2022
  • by BrightDime

Imagine that running a 5k has been one of your goals for a long time. You want to check it off your list so you’re preparing. Your alarm sounds an…

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What’s a credit lock and should I do it?
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What’s a credit lock and should I do it?

  • Posted on December 18, 2020July 26, 2022
  • by BrightDime

Locking your credit is one way to restrict access to your credit report and protect yourself from someone fraudulently opening accounts in your name. You may have heard of a…

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What should I know about credit reports?
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What should I know about credit reports?

  • Posted on December 10, 2020February 9, 2024
  • by BrightDime

If you haven’t checked your credit report recently, you don’t want to end the year before seeing it. By proactively checking not only your score, but your whole credit report,…

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What should I do to wrap up my finances for the year?
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What should I do to wrap up my finances for the year?

  • Posted on December 4, 2020July 26, 2022
  • by BrightDime

Even if this year did not turn out as you hoped, you can still end the year on a positive note with your money! Below are TEN quick-hit items that…

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Know the Risks of a 401(k) Loan Before You Borrow
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Know the Risks of a 401(k) Loan Before You Borrow

  • Posted on November 28, 2020July 26, 2022
  • by BrightDime

Taking a loan from your 401(k) plan may seem like a good idea when you’re hit with a financial setback, especially when borrowing money from a bank may be difficult…

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Should I do a credit card balance transfer?
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Should I do a credit card balance transfer?

  • Posted on November 25, 2020July 26, 2022
  • by BrightDime

Transferring the balance on your credit card to a new card with a lower (maybe even 0%) interest rate can be a big help when paying off debt if used…

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How can I save during the holidays?
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How can I save during the holidays?

  • Posted on November 20, 2020November 25, 2022
  • by BrightDime

In the hustle and bustle of the holiday season, it’s easy to get caught up in spending and gift giving that ends up leaving you, and your finances, drained. This…

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How can we save up for college?
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How can we save up for college?

  • Posted on November 13, 2020July 26, 2022
  • by BrightDime

Average college costs are upwards of $35,000 a year. With many parents dealing with their own student loans, how do you save up for college for your kids? A 529…

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What should I know about consolidating my federal student loans?
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What should I know about consolidating my federal student loans?

  • Posted on November 6, 2020July 26, 2022
  • by BrightDime

If you have multiple federal student loans, you may be thinking about consolidating them into one loan. This can be done by applying for consolidation with no application fee, no…

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Should I refinance my student loans with a private lender?
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Should I refinance my student loans with a private lender?

  • Posted on October 28, 2020March 1, 2023
  • by BrightDime

Refinancing student loans is similar in many ways to refinancing other loan options like mortgages or auto loans. There are two primary reasons you might consider refinancing a student loan.…

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