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 […]
Financial Wellness
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 […]
HELOC: Best Way To Finance Home Improvements
There are a number of ways to pay for your next home renovation project, but if you’re a homeowner who’s accrued equity, the best option for a home improvement loan may be with a home equity line of credit (HELOC). This is because while undergoing home repairs, the costs of and timetables for completion of […]
How to Use Home Equity for Debt Consolidation
Ever since making your very first mortgage payment years ago, you’ve been slowly building up home equity. Now, if you have a variety of high-interest debt weighing heavy on your mind, you may be wondering how to use home equity for debt consolidation so you can sleep easier at night. Why Use Home Equity to […]
