Residual income is the money you have left after your bills are paid. Another term for it is discretionary income — fitting, because residual income is yours to do with what you want. Ideally, you’ll ...

When it comes to balancing your finances, the more money you have left over at the end of every month, the better. In fact, by ensuring that you earn more than you spend, you can build a path to ...

The CFPB wants to make sure that consumers who take out loans can meet their obligations and repay their debts--a laudable goal that responsible lenders share. However, the CFPB’s proposed ...