Tax-sheltered accounts like the IRA and 401k have long been the go-to replacements for retirement planning. Sure, they’re two solid ways to build up savings for the future, but another way to grow wealth […]
College is expensive and costs continue to rise. In 1989, the average cost of a 4-year degree school term was $1,730. As of 2020, the average cost increased to an average of $10,440 per school term. […]
Because your interest rate is the cost you pay to borrow money, it makes sense that you’ll want to strive to get the lowest rate possible. Even a slight difference can significantly affect the amount […]
Deferring student loan repayments may be available to qualifying unemployed individuals. The deferment and repayment options available (or not available) to individuals can depend on the type of loan held (federal student loans vs. privately […]
Inheriting a 401(k) isn’t quite as simple as inheriting a pricey piece of jewelry or even money. There are taxation rules and other guidelines that beneficiaries must follow, as well as other considerations to keep in […]
The pandemic had a real winner amid its destruction: residential real estate. In May 2020, when the National Association of Realtors surveyed members on the impact of COVID-19 on their markets, 68% of respondents said […]
Moving can fire up a rollercoaster of emotions. In the first few days of a move, you may feel a rush of excitement (new digs = a new life). And then, inevitably, the dips into […]
The purpose of life insurance is to provide a financial safety net for the insured’s beneficiary or beneficiaries after their passing. While it’s essential to buy the right amount of coverage, it’s also vital for beneficiaries to […]
It may come as no surprise that Americans are stressed about medical debt and the rise of healthcare costs. With the average family insurance premium growing 54% in the past ten years, one-third of Americans are concerned […]
In addition to remaining in the debt cycle, there are other financial consequences of carrying a balance on a credit card.
Student loan consolidation has its pros and cons. Here is how to determine if the move is right for you and your financial health.
Life insurance is considered a cornerstone of financial planning by many financial professionals. It is designed to provide financial security to loved ones in the event of your demise. When you purchase a life insurance […]
Life insurance is one way to help protect loved ones. But, with numerous life insurance choices sold in the U.S. market, it can be challenging to pick which policy to go with. There are plenty […]