Commonly speaking, a mortgage is a loan used to buy real estate. The property acts as collateral for the loan, meaning that if you fail to pay back the loan, the lender can legally take ownership of the property. As … Continue Reading
Interest rates on savings accounts have been historically low for years now, and probably aren’t going to rise any time soon. It’s a frustrating situation for a fiscally responsible saver who just wants to put money away for a rainy … Continue Reading
Have you ever stopped to consider what all that stuff on your credit card is? There are names, numbers, dates, a magnetic strip, and even a hologram. Here’s a breakdown of what all of that means: FRONT OF THE CARD … Continue Reading
There are lots of ways to make extra money, but one you may not have thought of is through credit card offers. Credit cards are generally considered money-suckers, because people often end up paying more than they need to due … Continue Reading
There’s no disputing that a college education is expensive, so naturally, many parents want to help their children pay for their education. But unfortunately, most parents don’t have hundreds of thousands of dollars stashed away to pay for college. One … Continue Reading
A target date investment fund is a mutual fund with a specific end date in mind. That date is frequently a year in which one intends to retire, or in which the beneficiary will be attending college. The investments held … Continue Reading
There are two main types of life insurance: term life and whole life. With term life insurance, the policy lasts for a set term, usually 10 to 30 years. A whole life policy lasts until the death of the insured … Continue Reading
