Tag: Personal Finance

Posted on 11/22/2020
Home Equity Explained
Buying your first home is a big decision; one that involves a lengthy process of saving money, building credit, and planning the next phase of your life. However, owning a home comes with one major payoff: home equity.Simply put, home equity is the amount of your home that you’ve paid off. However, it does get more complicated when we...
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Posted on 07/19/2020
What You Should Know About Paying Your Mortgage Off Early
Image by Nattanan Kanchanaprat from Pixabay Owning a home can be an amazing experience. But interest from your mortgage accumulates over time, leaving you to seemingly pay an arm and a leg to finance your home. But while you may think that paying off your mortgage early is a great idea, that isn’t always the case. You May...
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Posted on 11/17/2019
Money Management Matters
Knowing how to manage your money is an important skill. Managing your money is not the whole picture. To have a complete description and confidence in your financial future, you need both to manage and master your finances. Mastering your money takes planning ahead of your income and setting goals, so you are plotting a course before the...
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Posted on 09/22/2019
Your Mortgage Interest Rate can be Affected by These Factors
Mortgage interest rates have a remarkable effect on the overall long-term cost of buying a property through financing. Mortgage borrowers are looking for the highest possible rates while lenders have to manage their risk by charging interest rates. Borrowers with good credit histories and stable finances are those who can access a mortgage with lower interest rates. The...
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Posted on 09/08/2019
Will Moving Affect Your Taxes?
Moving to a new home is all about change, from the change of an environment to the change of the interior design. But one of the lesser-known differences is that the moving process affects your taxes. If you move to your new home, you might be able to deduct the expenses of the move on your federal tax...
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Posted on 08/25/2019
Credit Score: A Beginner’s Guide
Your credit score can be a vast unknown when you are starting out in life. When you are just beginning you may not know what factors the financial world considers to calculate your creditworthiness. At this point, you are what the credit reporting agencies call credit invisible. To create a credit score, you will need to take your...
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