After struggling with money for years, I realized that I had to do something to make things right. I started focusing on spending less and saving more, but it was a tremendous adjustment at first. I found myself living paycheck to paycheck and trying hard not to buy things on impulse, but it was really challenging. Fortunately, I was able to get it down, and within a few short months, I was enjoying a healthier budget. This blog is all about streamlining your finances and making things more manageable. You never know, you might be able to enjoy a healthier financial future.
Posted on: 21 August 2020
One of the benefits of owning a home is the equity you build in it over time. The equity you have is the part of the home you own, while your lender owns the rest of the home's value. When you have a home loan on your house, you always have the option of refinancing the loan. You can do this to use the equity in your home for another purpose or to save money.
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Posted on: 26 November 2019
Precious metals are an investment that has historically been protected from market crashes. While their value will fluctuate on their own (like any investment), they're less tied to the value of the U.S. Dollar or the performance of the stock market than other investments. Because of this, it can be a good idea to diversify your retirement savings by investing a portion of it into precious metals.
Unfortunately, traditional IRAs don't allow you to hold precious metals as part of your retirement funds.
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Posted on: 29 September 2019
When a family member passes away leaving an entire life's worth of stuff in a house, the family will often decide to host an estate sale to liquidate the assets and get rid of the things. If you are trying to decide if this is the right option for you after being left with your parent's house, you should know that it likely is. An estate sale is the best way to liquidate the contents of an entire house, and your estate sale could be very profitable if you handle it properly.
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Posted on: 26 July 2019
Trusts come in two varieties: revocable and irrevocable. With a revocable trust, you act as the trustee over your own trust. You establish the trust, and you dictate how it will be managed. With a lawyer's help, you establish documents that will help protect your trust and facilitate its distribution and care in the event of your death. As such, it is important to select a successor trustee who can act in your stead, should you meet an untimely death.
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