Posts by Kevin Mercadante

Kevin Mercadante is a freelance professional personal finance blogger, and the owner of his own personal finance blog, OutOfYourRut.com. He has backgrounds in both accounting and the mortgage industry.

How to Start Saving for Retirement Today

The hardest part of saving for retirement is probably just getting started. That can be an obstacle if you don’t know what your options are. But there are different ways you can start saving for retirement, it’s just a matter of choosing which works best for you. Here are some ways to start saving for […]

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7 Non-loan Financial Transactions that May Require a Credit Check

Most financial and credit advisers focus on credit and credit scores for lending purposes. But are you aware of the number of potential situations when you may be subject to a credit check that has nothing to do with borrowing money? Actually, there are at least seven transactions that may require a credit check that […]

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When Should You Hire Someone Rather than DIY?

Some people know little about repair work and rely almost exclusively on professionals. Others fall into the category of “handy”, and find no DIY job too intimidating. But is there a point when you should hire someone rather than DIY? Absolutely, and here are five situations where that makes perfect sense. When the Job is […]

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Tips for getting a good deal on a car loan

Very few people pay cash for a car anymore. Not only is financing typical, but it’s also not uncommon to cover the entire purchase price with a loan. That makes getting a good deal on a car loan mission-critical to the car purchase process. Here are five tips for getting a good deal on a […]

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Five Ways to Save for College

Are you looking for ways to save for college? With the average cost of a college education now at over $100,000 for four years at a public college, and over $200,000 at a private college, parents need all the help they can get to save for college. Fortunately, there are several well-established ways to make […]

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What is Deflation and How Could it Affect You?

We hear a lot about inflation from the financial media, but less well discussed – and understood – is deflation. What is deflation and how could it affect you? What is Deflation? The net effect of deflation is a general decline in price levels. That includes not only a drop in prices for goods and […]

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How to Boost Your Retirement Savings

It’s always nice when you can maximize your retirement savings early in life. But the demands of life often make that hard to accomplish. It’s often easier to start small, and gradually boost your retirement savings over several years. It’s a strategy well worth putting into action. There are several ways to do this that […]

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Buying vs Renting Housing: Lifestyle Factors to Consider

Buying vs renting housing usually involves a lot of number crunching. It’s an attempt to find an answer to the question in the numbers. But numbers don’t always answer all the important questions in this kind of debate. In this article, we’re going to focus on lifestyle factors to consider, instead of making it all […]

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5 Reasons to Check Your Credit Regularly

Though it can seem a bit obsessive to check your credit regularly, it’s absolutely necessary today. It’s not just lenders who rely on your credit report, but also employers, landlords, and even insurance companies. The average person’s credit is checked several times each year by different institutions. You should make sure that you also check […]

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Are You Eligible for a HARP Refinance?

The HARP refinance was created specifically to enable homeowners who are “underwater” on their mortgages to refinance. Traditionally, homeowners are only eligible to refinance if their mortgage if the loan balances are lower than the value of their homes. But after the Financial Meltdown that began in 2008, property values fell across the country. This […]

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