Home Renovations
Key Takeaways Doing a home renovation can be a big project, both in terms of time and money. There are different ways to finance renovations. Give consideration to how much longer you plan to live in your home before you renovate. Are you a homeowner who is itching to update your home? Tired of […]
Do You Have a Will to Protect Your Family?
Key Takeaways A whopping 78% of millennials do not have a will or advance directives in place. Without these, your loved ones may run into legal issues if you become incapacitated or pass away. Think of a will as a love letter to your family, taking care of them after you’re gone.
The Impact of Millennials’ Spending and Saving
Key Takeaways The millennial generation is the largest part of the workforce in our country right now. As millennials age, the amounts they’re saving and spending are changing. These saving and spending changes are impacting our economy and will continue to do so for several years.
The Importance of Risk Management
Key Takeaways When you’re examining your finances, risk management is an important part of the big picture. We have insurance for a number of things in our lives, but might be overlooking some that could have devastating effects if you need them and don’t have them. Disability, health, and life insurance are key for peace […]
Why Owning vs. Renting a Home Is a Lifestyle Choice
Key takeaways First generation Americans tend to invest almost solely in real estate. Younger generations are sometimes choosing to rent their homes rather than jump into ownership right away. Choosing whether to rent or to own really comes down to a lifestyle choice.
5 Unexpected Costs When Buying a Home
Key takeaways When buying a new home, make sure you know about all the potentially unexpected costs associated with it. Know the costs up front, so you know what you’re getting into. Look at your cash flow and budget to ensure you have the money to make the move.
3 Things You Need to Do to Be Successful
Key takeaways Rational optimism is far different that the stereotypical optimism. Successful people have a reasonable tolerance of risk. Become a rational optimist to be successful in your endeavors.
How to Handle Your Student Debt After Graduation
Key takeaways Two-thirds of students who just graduated college have student debt. Students must begin making payments on their debt six months after graduation. Know all of your expenses and create a budget. Most important thing is to remember to save first, spend later.
Having Money Discussions Is Important in a Relationship
Key takeaways Younger generations are handling money differently than those before them. Gen Z and millennials are much more comfortable discussing money. Money is one of the biggest reasons for divorce. Talking about money before marriage is a good thing.
The Importance of Establishing Credit
Key takeaways A recent study reports that millennials are extremely reluctant to take on any debt. By maintaining a debt-shy attitude, millennials are not establishing credit nor maintaining high credit scores. Establishing credit is very important and will allow you to get the best available interest rates on home loans, car loans, credit cards, and […]