Personal Finance

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Closing costs vs. prepaids: What’s the difference?

Key takeaways When you purchase a house, closing costs are typically paid to your lender…

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These experts say not all debt is bad: Here’s how to make debt work for you

There’s a lot of doom and gloom surrounding the state of credit card debt in…

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Should I draw from my retirement accounts to pay for home improvements?

Key takeaways Borrowing from tax-advantaged accounts may end up costing you more than your original…

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Is It Wise to Convert 10% of My IRA into a Roth Each Year to Avoid Taxes and RMDs?

Roth IRAs are not subject to rules on required minimum distributions (RMDs), and qualifying withdrawals…

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Should Credit Unions Acquire Banks?

OBSERVATIONS FROM THE FINTECH SNARK TANK The question of whether or not credit unions should…

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4 Ways To Think About Your Financial Independence

Many of us think of financial independence as simply having enough money to retire. But…

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New FAQs And Legal Updates Impact Embattled New Company Reporting Law

As of January 1, 2024, many companies were required to report information to the U.S.…

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Student loan debt has increased by 430% since 2003 – here’s how to lower your debt

National debts have increased by a substantial amount in the last 20 years, but none…

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The average American household budget

Many Americans spend a sizable amount of their income to keep a roof over their…

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What is PITI?

Key takeaways The principal, interest, taxes and insurance (PITI) comprise your monthly mortgage payment. You…

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