A cash-out refinance is a way to replace your current mortgage with a new one under new terms, and get an additional lump sum of cash in the process.
Essentially, it is taking out a new loan for more than your current mortgage balance. The new loan replaces your existing loan and you receive…
A target-date fund is a mutual fund (or exchange-traded fund) that gradually rebalances and reallocates assets as you get closer to retirement, typically shifting the majority of assets from riskier investments such as stocks to more conservative – or fixed-income…
Car insurance for your vehicle is essential, but you may not always need it. While you are likely required by law in most states to carry appropriate coverage anytime you are actively using your vehicle, there are a few situations where you may need to consider canceling your car…
Cryptocurrencies are supposed to make the U.S. dollar obsolete. But this year’s crypto trading craze means companies that help investors buy and sell digital currency have been raking those old-fashioned greenbacks in.
The total value of the cryptocurrency market more-than tripled in less than six months, and briefly surpassed $2.5 trillion in May, according…
Parenting not only takes a lot of effort but it can be expensive as well. We all know how much we do as moms. We take care of the kids, we cook, we clean, we educate and we run our houses. Feeding our children healthy meals, providing entertainment, and, especially...
When you own a home, the thought of a mortgage looming over your head for decades can be daunting for many people, so it’s natural to want to pay off your mortgage as soon as possible. Before you decide to use an inheritance, raise or your savings to pay off your mortgage (or even before you…
The number one thing you should get help with when starting a business is setting up financial systems, according to a recent QuickBooks survey of 965 seasoned small business owners. They recommend bringing in an expert to ensure your systems are set up correctly and efficiently from the start…