Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Tap on the profile icon to edit
your financial details.

Lauren Perez

Credit Card, Banking and Savings Expert

Lauren Perez writes on a variety of personal finance topics for SmartAsset, with a special expertise in savings, banking and credit cards. She is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society for Advancing Business Editing and Writing. Lauren has a degree in English from the University of Rochester where she focused on Language, Media and Communications. She is originally from Los Angeles. While prone to the occasional shopping spree, Lauren has been aware of the importance of money management and savings since she was young. Lauren loves being able to make credit card and retirement account recommendations to friends and family based on the hours of research she completes at SmartAsset.

Posts by Lauren Perez:

by Lauren Perez Mar 18, 2023

Ever heard of the financial services industry? Even if you haven’t, you’ve probably interacted with this industry almost every day. You might think it just means working with a financial advisor. But in reality, whether you’re an investor, a homeowner, a credit cardholder or even just a simple savings account holder, you’ve worked with the financial services industry. But what is the financial services industry exactly? It involves so many aspects of your finances, it’s important to break it down more closely, which we do below. Consider working with a financial advisor to help you create the right plan for your finances and get access to all the industry has to offer. Read more

by Lauren Perez Feb 27, 2023

Retiring at an age as young as 55 is a dream of many Americans. However, turning this vision into reality involves some significant financial planning and maneuvering. For example, you’ll need to build significant savings, invest your money, account for early withdrawal taxes and take a lot more into consideration. All of this can be complicated but working with a financial advisor can help you plan your early retirement, regardless of whether you’re looking to travel the world, spend more time with your family or relax in the sun. Read more

by Lauren Perez Mar 17, 2023

The will and knack to get into investing doesn’t come naturally to everyone. Just one look at the stock market can scare anyone away! It’s true that investing in stocks comes with potential risks. But at the same time, you can also see some real monetary benefits when you invest in stocks. Of course to start, you’ll need to know at least the basics of how to invest in stocks. Read more

by Lauren Perez Oct 24, 2017

People often think of buying stocks as a high-stress situation. And in many scenarios, that may be the case. When you get into short-term investing, you’re constantly buying and selling your stocks… Read more

by Lauren Perez Aug 20, 2018

You’ve worked hard for decades of your life, putting in hours of work and paying taxes like the upstanding citizen you are. You’re ready for retirement – who isn’t? You can’t wait to sit back and… Read more

by Lauren Perez Apr 25, 2022

You might associate joint bank accounts with married couples or couples who live together. While those are common situations when a joint bank account can work, there are a number of other… Read more

by Lauren Perez Jul 07, 2021

Passive income is money you earn without actively working for it — as opposed to earned income from a job. In general, passive income comes from putting something you own — property, money, expertise… Read more

by Lauren Perez Oct 28, 2022

Have you ever gone to pay your credit card bill and noticed that you have two balances: the statement balance and the current balance? Turns out each balance is different, but they can often be the… Read more

by Lauren Perez Mar 20, 2023

Ever wondered what the key to financial success is? While it’s hard to pin down one single key, having a budget plays a part. Having a budget is crucial to taking control of your finances. It helps… Read more

by Lauren Perez Mar 10, 2023

You’re probably already familiar with big banks. Banks tend to be huge institutions that stretch nationwide, if not worldwide. Chances are you already have a bank account, too. But what’s up with big… Read more

by Lauren Perez Apr 12, 2022

If you’ve never opened a bank account before, you’re probably wondering how the process works. Specifically, what kind of qualifications, information and paperwork do you need to have to open an… Read more

by Lauren Perez Aug 10, 2018

For many, a huge part of growing up and being successful includes owning a home of your own. Of course this is no easy feat since it often requires years and years of dedicated saving to make a down… Read more

by Lauren Perez Jun 13, 2017

For many, going away to college provides the chance to live a life without parental restrictions like curfews and allowances. But after those four years are up, an even bigger change lies ahead for… Read more

by Lauren Perez Mar 24, 2022

Buying a home is a huge financial step in anyone’s life. Luckily, you often won’t have to go through the process alone. Many people buy a home with a partner, whether a spouse, a sibling or even a… Read more

by Lauren Perez Mar 10, 2023

Looking for a new home can be frustrating. It can be hard to find exactly what you want in a certain neighborhood or in any homes you’ve visited. At some point, you might have even thought about… Read more

by Lauren Perez Apr 25, 2022

For just about everyone, the Medicare eligibility age is 65. At that point, you’ll have access to Medicare Part A and are able to purchase Medicare Part B. For some with disabilities or End Stage… Read more

by Lauren Perez Jan 29, 2018

With summer fast approaching, it’s time to break out the swimsuits and sunglasses. For many, the arrival of summer also means dusting off their Harley Davidson and taking it out for a spin. If you’re… Read more

by Lauren Perez May 23, 2017

The definition of the American Dream will vary depending on who you ask. For some, it means a white picket fence, a trimmed green lawn and 2.5 children. For others, it means achieving your own… Read more

by Lauren Perez May 11, 2017

When deciding where to live, you’re going to take into account a number of factors. And if you’re one of the 43.3 million households in America who have at least one dog, there’s no doubt you’ll… Read more

by Lauren Perez Mar 18, 2023

VA loans aren’t for everyone. They’re designed to make it easier for active and retired military personnel to buy homes. While you may qualify for a VA loan, lenders can’t just take your word for it.… Read more

by Lauren Perez Mar 18, 2023

So you’ve found a home that you’re ready to buy. You’ve had the house inspected and appraised. But before you can move in, you’ll need to get to the closing table and make some final payments.… Read more

by Lauren Perez Mar 09, 2023

No matter how hard you try to keep your debt under control, sometimes it piles up. Depending on your situation, you may be able to cancel some of your debt. That would probably lift a huge weight off… Read more

by Lauren Perez Jan 05, 2023

When it comes to investing, you can expect to experience both gains and losses. You might even incur a capital loss on purpose to get rid of an investment that’s making your portfolio look bad. And… Read more

by Lauren Perez Dec 28, 2022

Time and time again, financial advisors discuss the importance of having an emergency fund. No one wants to be surprised by an unexpected trip to the hospital or the car repair shop. If you’re not… Read more

by Lauren Perez Mar 16, 2023

Many adults look forward to retirement and some wouldn’t mind leaving the workforce a little earlier than they are expected to. However, few people think about the drawbacks of retiring early,… Read more