Everyone knows that it’s illegal to drive without car insurance but why? Well, accidents can happen at any time–which, is why they are called accidents. And because by their very nature cars are dangerous and can cause everything from loss of life to severe financial hardship it is necessary to be sure that an uninsured person doesn’t cause an accident and then say oh sorry I have no money to pay for all the damage I caused.
The first step is Planning. And exploring the possibilities your financial resources offer you, your family and your legacy. You need to take a strategic approach to managing your money as part of your overall financial plan.
One of the perks of growing older is more tax breaks, especially after the ages of 50 and 65. By making the most of available tax deductions for seniors and retirees, you can drastically reduce your income taxes and boost your retirement savings.
As more people live well into their 80’s and 90’s, the concern over retirement funds continues to grow. Several decades of income need to be saved, and many people don’t know how to achieve their ultimate financial goals. Take a close look at these retirement tips you may not have considered.
The home buying process should be a fun and interesting one whether you are shopping for your first home or have gone through it several times before. The internet, smartphones and virtual tours have changed the way that people shop for homes these days. How can modern technology aid in your home search and provide valuable insights along the way?
There comes a time in most people’s lives when you find it necessary to go through the process of applying for a loan. It may be for a car, a home, or to help pay for school tuition, but the underlying process of getting a loan is what fuels the consumer economy of the United States. You might not know how to think about this new financial aspect of your budget though, so here are a few things everyone should understand about the American credit and debt industry.
Building a balanced investment portfolio may sound like a daunting task. But with the abundance of helps, resources, and learning tools available today, this essential task does not have to be stressful. In fact, learning about investing can be fun, especially as you make your first investments, watch your savings grow and your worries shrink! Here are the six basic investment types you and your family should add to your investment repertoire.
The year 2016 was the best of the current decade for the American housing and mortgage markets, but economists are not expecting 2017 to be an encore year in this regard. The strong demand seen in the last few years for mortgage loans will taper off in 2017, and the cost of borrowing money will become greater due to interest rate increases planned by the Federal Reserve. Based on the above, it will be in your best interest to get your mortgage under control in 2017. Here are five strategies you can implement to make this happen.