Friday, 19 April 2024
Crissinda Ponder The housing market is heating up and so is the homebuying competition. Recent data from the National Association of Realtors show that pending home sales are up nearly 5%. Still, don’t let the increased activity pressure you into getting a mortgage before you’re truly ready. Take inventory of […]
If you are anticipating a tax refund, you must actually be getting butterflies in your stomach. What a feeling it is when you get an extra paycheck from IRS, right? But what if you realize that you owe to IRS? It could possibly be because you have been amongst the […]
Sage Evans Be prepared for the unexpected with a rainy day fund. Life is unpredictable, which is why a rainy day fund is one of the most important components of a sound financial foundation. Even the most prepared, organized people can be caught off guard and put into a difficult […]
Jamie Cattanach iStock Depending on your financial situation, a Roth IRA is one of the savviest ways to save for retirement. It’s an investment account whose contributions are taxed today, but whose earnings then grow tax-free — and can then be a source of tax-free income upon retirement. Roth IRAs […]
Christy Rakoczy iStock You have $1,000 and need to figure out what to do with it. Whether it came from a tax refund, a bonus at work or your hard-earned savings, a wise investment strategy could turn that cool grand into a boon for your financial life. Unfortunately, there isn’t […]
Roger Wohlner Robo-advisors are automated investing platforms that utilize algorithms to automate the investment of client portfolios. Technology can add a lot to the investing process, but in deciding whether or not a robo-advisor is right for you, it’s important to ask a lot of questions and do your research. […]
Dori Zinn Maybe you were always told that a Traditional IRA is the best investment account you should have. But then you discovered that there are so many more options out there than the default. Yes, Traditional IRAs are the most popular, but that doesn’t mean they’re the best choice […]
Laura Woods iStock Tax season is upon us, meaning a refund might be headed your way. No doubt you’re excited by the idea of a cash influx, but this isn’t free money. “Most people think their tax return is a gift from the government,” said Paula A. Norby Krueger, owner […]
Ellen Chang You may be considering refinancing your home mortgage for the second or third time. For many homeowners, now is a good time refinance because you can lock in a favorable interest rate before rates increase, and lower your monthly payments. Here is what you need to know before […]
Dawn Papandrea Whether you’re buying a new home or thinking of refinancing your current mortgage, it always pays to explore your options so you can get the best deal. Two of the most common loans are conventional loans and FHA loans. In 2018, 61% of all borrowers chose a conventional […]
Tags: financial situation, savings account