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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 Feb 25, 2020

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 more. Consider letting a financial advisor 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 Jan 10, 2020

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 to get the best prices. But this isn’t the only way to go about investing. Long-term investing, while requiring attention and strategy, eliminates much of the high stress of short-term investing. 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 Nov 20, 2018

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 Jan 22, 2021

You’ve probably heard that investing provides a great way to grow and save money. But getting into the stock market isn’t a one-and-done deal. It requires research and upkeep to make sure your… Read more

by Lauren Perez Oct 06, 2017

You may have noticed a pesky charge on your credit card bill labeled “finance charge.” Ever wondered what the charge was? The finance charge is essentially how you pay for leaving a balance on your… Read more

by Lauren Perez Aug 20, 2018

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 Jun 19, 2018

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 Jun 25, 2018

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 Jun 05, 2020

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 Nov 03, 2017

Debt can be a tricky thing. One day, you don’t have any debt and the next, you’ve missed one payment and owe that plus interest. While some creditors can be forgiving, others are not, inflicting… 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 19, 2017

When looking at mortgages, you usually have to choose between a 15-year and a 30-year loan. But did you know you may have the option of paying off your loan over 40 years? The 40-year mortgage is not… Read more

by Lauren Perez May 03, 2018

So you’ve decided to buy a house after spending years renting. Buying a home is a huge and exciting prospect in anyone’s life. You might think you’ve got it covered. Owning a home often includes… 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 Jun 09, 2017

If you’re looking to buy a home, you will most likely need a mortgage to pay for the home. Most people don’t have enough cash on hand to pay for a house upfront. A mortgage loan provides you with a… Read more

by Lauren Perez Jul 24, 2019

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, sibling or even… Read more

by Lauren Perez May 30, 2017

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 Oct 15, 2020

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 Jan 12, 2018

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