For many homeowners, low-interest rates mean one thing: it’s time to think about refinancing your mortgage. With 30- and 15-year fixed-rates hovering near record lows, these low refinance rates could be too tempting to pass up even if you’ve recently purchased your home in the past couple of years. Refinancing Your Mortgage A refinance is […]
Financial Wellness
You Could Save Big with These 7 Benefits of Working From Home
Waking up to start your workday on camera from the kitchen table is an adjustment. But for many of us, there are benefits of working from home, from our finances to our lifestyle and even health. What Are the Financial Benefits of Working From Home? There are many benefits to working from home. Some are […]
Cashing Out a 401k? Why It May Not Be The Best Emergency Fund Option
As we’ve discussed previously, there are several ways to build an emergency fund to help see you through a seismic life event or an urgent financial situation, but is cashing out a 401k one of the best options for an emergency fund? The Financial Impact of Cashing Out a 401k Cashing out a 401k may […]
Medical Bill Debt: What Happens If You Don’t Pay Medical Bills.
Even before COVID, expensive healthcare costs had many Americans wondering what happens if you don’t pay medical bills. If you’re struggling with medical bill debt, from emergency hospital stays or simply as a result of regularly scheduled doctor’s office visits, whether those bills are COVID-related or not, there may be long lasting damage’s from not […]
Divorce & Finances: How to Financially Prepare for Divorce
Nobody wants to think about getting divorced, and planning for an emergency scenario or major life event is hard enough as it is without juggling divorce and finances simultaneously. The unnerving reality of relationships, however, is that, statistically speaking, one third of marriages will end in divorce — and the divorce rate in 2020 may […]
Is Student Loan Consolidation Smart?
It may be smart to consider a student loan consolidation if your student debt picture from college is more of a collage than a still life painting. With different lenders often being responsible for federal loan programs every semester, it’s entirely possible that you’re currently responsible for repaying a number of different loans, both private […]
