When applying for a mortgage, you have some control over the mortgage rate, as lenders will consider your credit score, income, and assets to determine your risk as a borrower. On the other hand, mortgage rates change daily based on external economic factors like investment activity and inflation. If you’re in the midst of the … Read more
The summer months are one of the most popular times to travel. Families with young children are often locked into summer travel due to school schedules. Even some adults have work schedules that make summer the most convenient time to travel. The upshot: Without proper planning, summer travel can be crowded, chaotic, and expensive. While … Read more
The holiday season is a popular time for Americans to go all out with their spending. They shell out an average of $1,000 to $2,000 on gifts alone. And that doesn’t include spending on parties, decor, or travel. There are so many expenses that need to be taken into account during the holidays, but you … Read more
Buying a house is far more costly than simply a down payment and monthly mortgage payment. Owning a piece of real estate can come with its share of extra bills, particularly when considering unexpected home repairs. In fact, in 2020, the average household spent $13,138 on home repairs and other services compared to just $9,081 the … Read more
It may seem old school to whip cash out of your wallet to pay for your purchases. But there are times when good-old greenbacks can actually be a better way to pay than tapping your credit card. While credit can be a quick and convenient way to pay, using cash for many of your routine … Read more
Any time you make money from your investments you need to consider the impact taxes might have on your earnings. Fortunately, there are a range of tax-efficient investment strategies that can help minimize the bite taxes take out of your gains. What is tax-efficient investing, and how does it work? By understanding the tax implications … Read more
Since Bitcoin was first introduced in 2009, interest in cryptocurrencies as an investment has slowly but surely gained steam. With this rise in popularity, it has led to increased scrutiny by tax authorities like the Internal Revenue Service (IRS). Because of this, it’s important that investors know the basics regarding filing and paying taxes on … Read more
If you’re interested in bringing in more cash, you may be happy to know there are countless weird ways to make money, from selling your hair to testing food to beekeeping. With the median weekly income hovering around $55,640 and inflation chipping away at Americans’ paychecks, many consumers seek extra income by starting part-time work … Read more
If you don’t have a college degree, certain jobs may be out of your reach. But does that mean that you can’t feel professionally fulfilled? Absolutely not. There are many careers that don’t require post-secondary education and can provide workers with a sense of happiness and purpose. Here’s a look at the characteristics that make … Read more
As a first-time parent, there’s a lot on your plate. You’re responsible for raising a tiny human into a smart, kind, and successful member of society. Mistakes, even when it comes to money matters, are inevitable. Still, thoughtful planning can help you meet your financial goals and give your kids the support they need. And they will … Read more