Global Finance School Blog

The Biggest Mistakes To Avoid When Buying A House
Many people cherish the fond ambition of owning a place they could call their own. For some, it remains the biggest investment of their lives. For others, it serves as the quintessential symbol of achievement.  The process of finding that dream house is not simple by any means. Initially, people need to expend a lot of effort and time to find...
10 Ways To Improve Your Credit Score
 What are Credit Scores?  Your credit score is an indicator of your creditworthiness. This three-digit number, which usually ranges from 300 to 850, is nothing but a numerical expression of your creditworthiness. The three credit reporting bureaus (i.e. Equifax, Experian and Trans Union) calculate this score based on various details...
8 Bad Financial Habit To Avoid
 Habits provide a structure to your daily life. Hence, they subconsciously become a part of your life – often, without your realizing it. Some habits are good, while others are not. Once developed however, habits can be very hard to break. Surprisingly however, people often fail to consider certain habits that play a significant role in their...
8 Signs That You Are Making A Bad Investment
Many look forward to those comfortable retirement years. They identify a number of activities and opportunities that would help them maximize those “golden years”. These people spend the best part of their lives slogging and saving. Several of them explore various avenues of investment for making their money work as hard as they do. In many cases...
8 Tips for Taking Out a Student Loan
On July 01st this year, banks and other financial institutions raised student loan interest rates by 0.8 percentage points. These rates would apply for the academic year that commences this fall. The revised student loan rates for the coming academic year are:For Undergraduates: 4.66 percent (up from 3.86 percent last year)For Graduates (Stafford...
What Happens with My Loan After I’m Gone?
In recent years, we have seen typical loan repayment periods extended as the economy struggles and the average debt load increases.  There is no real indication that these trends will be ending any time soon, and one big questions consumers have started to ask is:  What happens with my loans after I’m gone?  Consumers with...
Taking a Loan vs. Cashing in Savings
If you are looking to expand your home or small business, finance your college education, or simply need extra cash, you might be thinking about whether it is best to take out a loan or simply cash-in your savings.  There are benefits and drawbacks to both approaches, and there is nothing that says you can’t do a little of both.  But it...
How Much Money Should I Borrow? A Practical Guide
Whether you are looking to borrow money to buy a house, start a business, or go to college, the first question you should be asking yourself is:  How much money should I borrow?  It might seem like a good idea to borrow more than you will need, as this could help you to prevent for unforeseen costs that might come up later.  But...
Bank Loans vs. Alternative Loans
Since the beginning of the ‘Great Recession’ banks have tightened lending policies and made it more difficult for individuals and small businesses to obtain favorable terms for their loans.  This is mostly a protective measure on their part, which is not surprising given the fact that most of the financial turmoil of the last decade has come...
5 Tips to Help You Pay Back Loans Faster
Let’s face it:  it’s never fun to have outstanding debts.  Debt clearly creates one of the biggest causes of stress in life and it always makes sense to repay that debt as quickly as possible.  There are practical reasons for this, as well.  Faster repayment means lower interest costs over the long term.  In some cases,...