Down payment - Financial IQ by Susie Q

The amount you have to pay in cash up front for your purchase

The Best Ways to Pay Off Your Debt August 15, 2019

The best way to pay off your short-term and revolving debt depends on your priorities and what motivates you. Two of the common approaches for determining the order in which to re-pay your loans discussed in financial literacy circles are the Debt Snowball and Debt Avalanche approaches. Both of these methods apply when you have […]

Susie Q

Credit Cards: What You Need to Know July 30, 2019

Credit cards are a terrific convenience but also can be very costly. Effective use of a credit card can make life easier and improve your credit score. On the other hand, it is easy to buy more than you can afford using a credit card, leading to high interest charges and a lower credit score. […]

Susie Q

Tax-Efficient Investing Strategies – Canada July 9, 2019

You can increase your savings through tax-efficient investing. Tax-efficient investing is the process of maximizing your after-tax investment returns by buying your invested assets in the “best” account from a tax perspective. You may have savings in a taxable account and/or in one or more types of tax-sheltered retirement accounts. Your investment returns are taxed […]

Susie Q

6 Ways to Slay Your Student Debt This Year June 25, 2019

From Susie Q: I’m not as familiar with student debt as I am with the other topics on which I write, so was pleased to accept this guest post from Kate Underwood. Kate is a freelance writer and staff writer for Club Thrifty, a website dedicated to helping people dream big, spend less, and travel […]

Kate

Tax-Efficient Investing Strategies – USA June 11, 2019

Susie Q