Your monthly mortgage payment has the potential to become a serious financial burden, especially if your circumstances change suddenly. Knowing how to lower your mortgage payment each month helps you keep control of your cash flow. Here are five simple ways to make a big change.

A refi calculator, also known as a mortgage calculator, isn’t at all like one of those solar-powered devices you have stashed away in your kitchen drawer. Instead, a refi calculator is a powerful online tool designed to provide you with valuable information that could save you money. It’s the first item you should use when you’re investigating refi rates and options.

There are times when opening a new credit card can be quite beneficial to your overall credit score. If you have a mortgage or car loan, but no credit card, applying for a new card will help to diversify your credit history, which is a good thing. Or, if you have been dutifully paying off a high-interest card, opening a new card after a year is also a great way to build credit. But there are times when you should avoid applying for credit. Here are four to consider.

It can be stressful when you fall behind on your credit card payments because money was tight. But when your credit score drops as a result, you need to take action. FICO uses your payment history as part of how they determine your credit score. In fact, whether you pay your bills on time accounts for 35 percent of that number. While there isn’t an overnight solution, there are ways to fix your credit score.

Your credit score doesn’t drop overnight, so you can’t fix it overnight either. It’s important to recognize that it will take determination, discipline, and likely some hard decisions as you work to get out of debt and improve your credit score. Here are four things you can do to start right away.

In the past, homeowners who were married filing jointly  could deduct the mortgage interest on up to $1 million of the amount they used to buy or improve their home. For married couples who filed separately, this limit was $500,000. With the new tax laws, these limits have changed when it comes to a home mortgage.

There are plenty of tricks to save money. You can skip the morning coffee at the corner café. You can put extra change in a jar, or use an online app that rounds all your purchases up and puts the change in a savings account. You can plan your meals and buy only ingredients to make food at home. But can you get rewarded for good credit? Yes! Having a good credit score and history can help you save money in a number of ways. Check out these examples.

When you’re living paycheck-to-paycheck and struggling to pay off your debts, saving money can feel like an impossible pipe dream. But you’d be surprised how the small act of getting creative in finding ways to save money can pay off. Commit to better financial health with these five easy-to-follow habits:

budgets save money

When you’re first creating a budget and working to stick to it, it’s easy to feel overwhelmed. You have to sit down and think out all the different ways you expect to bring in money. You have to go bill-by-bill to figure out exactly what you have to pay. You have to figure out your timeline for income and expenses. But most of all, you have to follow it. Looking for some tricks to make your budget easier to follow so you can save more money? Read on:

debt relief program

Looking for a program that will help you get out of debt? Some of the programs in the market today are more likely to make money for a company than helping with your debt relief. Educate yourself about your options before choosing a path. There are four main types of debt relief programs that are available for you: