When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...

Student Loan Forgiveness

Student loans can be a difficult financial burden to bear, especially for those living paycheck to paycheck. In addition to paying back the principle, keeping up with the interest can be a challenging feat. Student loan forgiveness ...

Home Equity Line of Credit vs. Home Equity Loan

If you’re in need of funds for home repairs, renovations, or paying down high-interest debt, you may have considered a home equity loan or a home equity line of credit. While both of these financial options allow you to borrow ...

Should You Get a Construction Loan or a Home Equity Line of Credit?

It’s always been your dream not to simply buy a home for retirement, but to build one from the ground up that is perfectly suited to your vision for how you want to spend your twilight years. To achieve this dream, two of the ...

The Basics of Successful Budgeting

If you’re clueless about where your money goes each month, you cannot create a financially stable present let alone plan for a healthily funded future. The following budgeting basics will help you garner a more complete picture ...

What to Know About VA Loans

Made available through a collaboration between the federal government and private lenders, VA loans are financial tools developed to encourage homeownership among U.S. military service members. Here’s a look at how these loans ...

How to Determine Whether You’re Ready to Retire

Ever since you started life on your own, you have focused on keeping food on the table and a roof over your head and the heads of those who depend on you. If you’re lucky enough to have a traditional 40-hour work week, you will ...

Know the Differences between Simple and Compound Interest

When borrowing money, odds are you’ll be paying interest on that loan. It pays to know the differences between simple and compound interest and how these can be advantageous or disadvantageous for you in various situations, ...

When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...

What to Know About Student Loan Forgiveness

Student loans can prove to be a heavy burden once a student enters the workforce. Forbes contributor Zack Friedman points out that student debt ranks higher than even credit card debt. Luckily for some former students, forgiveness ...