Key Considerations for Smooth Wealth Transfer Planning
By Tim McMahon |
Key Factors in Getting a Mortgage
If you’re buying your first home, or a new home, applying for a mortgage will be a necessary part of the process. Financial institutions look at a number of different factors when deciding if you are a good risk for a loan. If you understand these factors, you can present your application in the best possible light.
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Car Hunting on a Budget
We strongly recommend only buying a car that you can pay cash for. Even if you just start with an old “beater” and then take the money that you would have spent on payments and pay them to yourself until you can afford to buy something better. However, most people don’t have the cash to buy a car and don’t follow this “beater” system. Thus, they must finance their vehicle and end up paying extra for interest. To make matters worse, some buyers make the mistake of not doing their homework, and this causes them to lose hundreds or even thousands of dollars in a bad deal. Read on for advice on buying a car on a budget.
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A Beginner’s Guide to Investing: Major Dos & Don’ts
When first getting into investing, you might contemplate just jumping into the deep end—but, before you take that leap, there are some things you should consider. Investing can be a tricky subject, which for some can enhance that feeling of needing to get it over with and begin investing at the drop of a dime. However, it’s better to acquaint yourself with investing, and the methods many professionals undertake, prior to trying your hand. Here are some of the best tips we have to offer for those just getting into investing, particularly what you should and shouldn’t be doing.
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How to Help Save Your Budget and Credit After a Car Accident
Getting in a car accident can have repercussions beyond the damage to your body or your vehicle. It can cause you major financial woes for years to come, especially if you don’t handle things correctly. Below are just a few things you can do to save your budget and credit after an accident.Â
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Remodel Your Family Backyard and Save Some MoneyÂ
Backyards seem to be made especially for Summertime. So with Summer upon us you might be considering a bit of an upgrade for your backyard. Whether you’re redesigning your whole backyard or simply doing a small upgrade, here are a few simple tips. Most families like having a great outdoor space they can use when the weather conditions allow them to, so there’s an idea for every part of the backyard that can allow you to do that. Of course, every successful project requires detailed planning and you’ll need to make sure all of your wishes are included in the design. The best way to be sure you’ve done everything right is to get inspired before you start making big changes, you might want to pop over to Pinterest and search for “backyard ideas”. You’ll find everything from firepits to sheds and fancy lighting.
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How to Teach Teens about Finances
Teenagers have a lot to learn about life. Learning is a natural part of growing up. If you’re a caring parent who wants your teen to make smart and well-rounded financial choices forever, you have to make sure that he or she has a terrific starting point. You can do so by educating him or her about all kinds of monetary matters.
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Tips to Afford a Home and Yard for a Small Family
Buying a home for your family isn’t always easy. Not only do property prices always seem to be on the rise, but finding a home with a real yard is getting harder and harder. If you want both, though, you may want to look at the tips below.Â
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How to Prepare Your Budget for Big Purchases
What do dream vacations, home improvements, and cars have in common? They all require a lot of money! Unless you were born into a trust fund or won the lottery, you’ll need to save to make your dreams come true. How can you include major expenses into your budget without going deep into credit card debt? We have a few ideas.
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4 Ways to Cut Back on Your Budget to Save for a down Payment
You’ve talked to your family and have made the decision to buy a home. This means that you won’t have to throw money away on rental payments each month. However, you’re going to need to provide a down payment for the house that you want to get. Real estate agents will tell you that a standard mortgage will typically require that you have 20% of the purchase price as a downpayment. But there are ways that you can have 10%, 5% or for first time home buyers 3% for your down payment. And it is possible for Veterans to pay Zero percent down.
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Why Spending More on High-end Amenities Matters
It’s the little things that make a house a home. In some cases, having the right amenities can turn your house into the perfect place to live. While some focus on the big picture, it’s often wise to focus on these little things. In fact, you might be better off focusing your money on a few high-end amenities.
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Invest in Your Home: Home Improvements That Save You Money Later
While many home improvement projects are major investments, some of those upgrades can actually save you quite a bit of money in the long run. Here is a look at a few projects that will increase the efficiency of your home and reduce your risk of expensive repairs down the road.
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Saving for Your Child’s Future
Children are a joy to have. Nothing can replace the love that your child will bring you as they grow. The expenses that can come along with raising a child, however, can be a different story if they are not planned for accordingly. Here are four ways to start saving for your kid’s future expenses.
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