You Still Won’t Have to Pay Until April 15 Preparing a tax return is not most people’s idea of a good time. As a result, we tend to procrastinate and wait until the last minute to file our returns. However, there are good reasons to start preparing your tax return as soon as you have […]
The Current State of Student Loan Debt
June 2018 by Leave a Comment
America has reached a new economic milestone – or maybe a millstone – of $1.52 trillion. Which of the following does this number represent?
Why Aren’t 529 Educational Savings Plans More Popular?
May 2018 by 1 Comment
How do you plan to fund your children’s education? You’re probably counting on scholarships and grants, right? Reliance on scholarships and grants is the highest in a decade, while college savings is on the decline, according to a new report from Sallie Mae. Savings covers less than one quarter of collegiate funding for the typical […]
Long-Term Mortgage Rates Hit a Seven-Year High
May 2018 by Leave a Comment
It Will Cost You More to Buy a Home The housing market topped a new threshold over the past week. Buoyed by a strong economy and a series of interest rate increases by the Federal Reserve, thirty-year fixed mortgage interest rates reached 4.61 percent – the highest number since May of 2011. Rates crossed the […]
Card Balances Drop While Consumer Credit Growth Slows
May 2018 by Leave a Comment
A new government report provides both good news and bad news about America’s massive consumer debt load. The bad news: America’s total consumer debt continues to rise. According to May’s G.19 Consumer Credit Report from the Federal Reserve, combined (revolving and nonrevolving) outstanding debt rose by $11.7 billion in March to reach $3.875 trillion – […]
5 People Who SHOULD Use Permanent Life Insurance
December 2014 by 1 Comment
I’m tired of people beating on permanent insurance. Last week yet another colleague of mine said, “I can’t think of a time when somebody should buy anything but term insurance.” I told him I could name five. He scoffed. I listed them off quickly to him, and today I’ll do the same for you. I […]
