The Financial Blog of
Lynnette Khalfani-Cox,
The Money Coach®
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Debt Snowball Vs. Debt Avalanche: Which is the Best Approach to Pay off Debt?
Anyone who’s ever been in debt knows one thing: it doesn’t make life easy. In fact, debt can have many... read more →
January 25, 2019
The True Cost of Having Clutter in Your Life
Have you ever walked into your living room, bedroom, or basement and felt as if the mountains of clutter would... read more →
January 17, 2019
You’re Not a Kardashian, So Don’t Spend Like One This Holiday Season
Chances are the Kardashians won’t be cutting back on spending this holiday season. From a 1956 Ford Thunderbird to a... read more →
December 20, 2018
Mismanaging Your Credit
Are you mismanaging your credit with your significant other or anyone else? Have you let the heartstrings get pulled again?... read more →
October 3, 2018
DTI or Debt-to-Income Ratio Explained
If you’re in the market for a loan, chances are that lenders are going to assess something called your “DTI”... read more →
September 21, 2018
7 Reasons to Save More Money or Boost Your Emergency Fund
It’s so easy to obtain a credit card and use it to pay for purchases that often people wonder why... read more →
September 18, 2018
A Message for Black Women’s Equal Pay Day
For Black Womens Equal Pay Day: a lesson to my sisters in knowing your worth and a call to demand more: Sign-up... read more →
August 13, 2018
Beware of Fake IRS Collection Scam
Have you ever received a phone call from the IRS – or from someone claiming to be from the IRS... read more →
July 12, 2018
What a Trade War With China Means For Your Money
It’s official: the U.S. and China are formally locked in a high-profile trade war. On Friday July 6, 2018, the... read more →
July 6, 2018
Splitting Up and Not Married – Whose Money is it Anyway?
Q: My boyfriend and I been together for over 15 years. We have joint savings and checking accounts. We planned... read more →
May 1, 2018
How to Negotiate a Lower Interest Rate on Your Credit Card
Q: Is there a way to lower my credit card interest rate so I can pay my credit card's balance... read more →
April 16, 2018
Is a HELOC Right for You? Pros, Cons, and Considerations to Make
A home equity line of credit, or HELOC, is a popular way to finance everything from home remodeling or repair... read more →
April 6, 2018
How to Report Rent Payments to the Credit Bureaus
Q: I carried a mortgage on a property I rented out and I would like to report rent payments to... read more →
February 28, 2018
A New Financial Tool, Cinch, Can Improve Your Finances
A new financial software tool, called Cinch, can help you not only save money, but also plan your financial future.... read more →
January 4, 2018
Keeping Your Financial New Year’s Resolutions
Happy New Year, We hope you had a great holiday break and are ready to take your finances to the... read more →
January 3, 2018
New Year’s Resolution: Easy Ways to Save More Money in 2018
Are you making a financial New Year’s resolution in 2018? If not, you should – and saving more money should... read more →
January 1, 2018
Should You Invest in Bitcoin?
Investing in bitcoin isn’t a decision you should make lightly or without being properly informed about all the potential risks... read more →
December 23, 2017
What Exactly is Bitcoin? 7 Facts About Bitcoin
Bitcoin became all the rage among many investors in 2017 – and even people who don’t regularly invest have gotten... read more →
December 22, 2017
4 Smart Ways To Shop Smart, Entertain And Decorate On A Holiday Budget
According to the National Retail Federation, Americans are expected to spend $680 billion during the holidays, and the average family... read more →
December 11, 2017
The Most Maxed-Out Places in America
Credit card balances in the U.S. now total roughly $1 trillion, the most since 2009, according to recent Federal Reserve... read more →
December 4, 2017
Holiday Shopping: 5 Apps to Save Cash, Make Money & Protect Your Credit
Americans engaged in record levels of online holiday shopping during both Black Friday and Thanksgiving online sales in the United... read more →
November 27, 2017
5 Horrible Things About the GOP Tax Plan
President Donald Trump and the Republican Party are trying to rush a massive tax “reform” plan through Congress with... read more →
November 20, 2017
Can I Qualify for a Mortgage After Bankruptcy?
Q: My husband and I are in our final year of bankruptcy this year. We did a chapter 13 in... read more →
November 7, 2017
How to Start a Conversation About Money with Your Children
Here's our newly updated series of books and ebooks to help start a conversation and talk to your young children... read more →
November 6, 2017
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