When you refinance your mortgage, you take out a new home loan and use some or all of the proceeds to pay off the existing one.
Category Archives: Budget
IRS Returns & Payments Postponed to July 15
Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. Continue reading
Financial Challenges for New Parents
Welcoming a new baby into your family is full of special moments & memories. It can also raise lots of new financial questions. Continue reading
7 Smart Financial Decisions for Millennials
Many Millennials are stressed with their current financial condition. According to Insider and Morning Consul, 72% of millennials struggle with anxiety over undergrad debt. Adding a car loan, phone service, rent, food and other living expense to the monthly expenses can easily become overwhelming. Continue reading
The 101 on Changing Careers
Downsizing is one reason you may be seeking a new career. Reaching a professional plateau is another. The fact is, many people change careers, sometimes more than once. With proper planning, you can start a fulfilling new career without sacrificing your financial security. Continue reading
4 Money Lessons for Your Child
Ask your five-year old where money comes from, and the answer you’ll probably get is “From a machine!” Even though children don’t always understand where money really comes from, they realize at a young age that they can use it to buy the things they want.
2018 Tax Postmortem: Making Sense of the Changes
The Tax Cuts and Jobs Act (TCJA), which passed in December 2017, made fundamental changes to the U.S. tax code, and 2018 returns were the first time most taxpayers could see the practical impact of these changes.
In an April 2019 Gallup poll, 43% of Americans said they were unsure how the new tax law affected them personally.
How Do You Define Success?
What makes you the happiest? What do you want to be remembered for? These are all important questions we all must ask ourselves at some point in our lives. Continue reading
The Cheapest Way to Pay for Unexpected Expenses
Our recent government shutdown has been a wake-up call for many people and shows how volatile our income and savings can be. Even if you don’t have a government job, does the possibility of an unplanned bill keep you up at night? Continue reading
What You Should Know about In-Home Care
Not every older American ends up in a nursing home or a retirement community. In fact, most older individuals continue to live at home, many with the assistance of some type of in-home care. In-home care can help you remain independent, and delay the need to enter a nursing home or an assisted-living facility. Continue reading
