Firt-time Home buyers

3 Things: First-time home buyers, what is wealth, time or money

First-time home buyers having a rough go of it 1.Starter-Home Affordability Hits a Decade Low (Prashant Gopal, Bloomberg, 8/27/2018) “Starter homes are now more costly to purchase than at any time since 2008, when the last boom came to a crashing halt. In the second quarter, first-tim
Continue Reading →
buying a home

3 Things: Buying & Selling Your Home

Your path to buying a home In How to Buy a House, Michelle Higgins of the New York Times outlines your path to homeownership, step-by-step. Steps include: Rent vs. Buy, How Much House Can I Afford, Check Your Credit Score, Get Pre-approved for a Mortgage, Line up Cash, Figure Out Wher
Continue Reading →
Retirement Accounts

3 Things: “Retirement” Accounts for All Ages + 2018 Tax Tips

How do you save for “retirement” if you don’t participate in a 401(k) plan? Katie Lobosco with CNN Money writes “The good news is that there are other accounts you can open yourself that offer similar benefits. For some self-employed people, the benefits can be even better than a trad
Continue Reading →
Life Insurance

Layering Life Insurance

Sheri’s take: Recently, we shared two guest posts on this fall’s insurance open enrollment period, authored by Mark Maurer, CFP®, MBA, president and CEO of LLIS. Mark’s posts were well-received, so we were delighted when he agreed to share one more interesting idea with us on how to u
Continue Reading →
Equifax data breach

Equifax Breach: Here’s What I’m Doing (update)

It’s been hard to escape the news of the Equifax breach. Even though it happened starting in May 2017 we’re only just hearing about it. In my opinion, and others’, the company’s response to this breach has been far from stellar. Huffington Post reports: The Fed
Continue Reading →
mortgage checklist

Pay or Stay With Your Mortgage Part 2: Properly Paying Off Your Mortgage

In my last post, we covered some of the financial trade-offs to consider before you decide to pay off your mortgage on the early side. Still, sooner or later, I hope that payoff day does arrive for you. There are few financial acts more gratifying than ensuring your castle is all your
Continue Reading →
home mortgage

Should I Pay Off My Mortgage Early? – Pay or Stay With Your Mortgage Part 1

We hear this question often: “Should I pay off my mortgage early?” As you’ll hear us say even more often, the answer is, “It depends.” It’s nice to no longer have that monthly mortgage payment, and there’s something satisfying about owning your home outright. That said, if you allocat
Continue Reading →

Savings Bond Tips in a Tech-Savvy World

If there’s an investment instrument that has withstood the test of time, it’s the good, old U.S. savings bond. Since their 1935 debut under “New Deal” President Franklin D. Roosevelt, they’ve never been known for their get-rich glamour. But to this day, investors still turn to them wh
Continue Reading →
budgeting apps

Four Budgeting Apps for Young Adults: Making Budgeting More Fun?

Okay, I know budgeting is rarely fun for anyone, but it can be especially hard on young adults. You’ve just wrapped up your formal education and received your first decent paycheck – way more than you’ve been earning between classes. What’s a common reaction? “I deserve a shopping spr
Continue Reading →
Buy or Lease

Buy or Lease Your New Car?

Ah, there’s nothing quite like that new-car smell? It’s so popular, you can even buy it in a can. To me, I’m not sure that’s worth it unless I get an actual new car along with it. That said, given the costs, when it does come time to replace your classic clunker with a shiny (and frag
Continue Reading →