NEWSÂ YOU CAN USE
Working with a Mortgage Lender
Working with a Mortgage Lender Applying for a mortgage is a big endeavor. Most lenders require you to complete a mortgage application—a comprehensive financial statement. The information you provide on your application determines whether you qualify for a loan and how much you can borrow. The key numbers are [...]
The Cost of a Mortgage
The Cost of a Mortgage Since monthly payments spread the cost of a mortgage loan over an extended period, it’s easy to forget the total expense. For example, if you borrow $200,000 for 30 years at 6% interest, your total repayment will be around $431,680, more than two [...]
What to do With Your Stimulus Check
What to do With Your Stimulus Check The Coronavirus Aid, Relief, and Economic Security Act (CARES) provides needed assistance to businesses, expansions to unemployment insurance, and direct relief checks to many Americans. December 2020 Relief Congress passed an economic relief package in late December of 2020 with a [...]
Teaching Children About Money
Teaching Children About Money Whether to your own children, grandchildren, and nieces and nephews or the child of a close friend, one of the most important things you can teach is how to manage money and invest for the future. The Three-Jar Allowance To learn how to manage [...]
Tax Planning
TAX PLANNING You can legitimately reduce the tax you owe by planning ahead. Retirement Account Contributions By keeping an eye on the tax consequences for your every day financial decisions, you can lower your tax bill. For example, lower taxable income means you pay lower income taxes. You [...]
Checking Out Charities
CHECKING OUT CHARITIES Many people associate giving with charity, and donating money to help those who are in need. You can also make donations to organizations that support causes that you believe in. There are other kinds of giving as well. For example, you can donate things that you’ve [...]