Deciding to purchase your first home is exciting, yet it’s also a significant financial milestone. It’s easy to get caught up in the moment and give way to your emotions as you search for that perfect house. A crucial step before you fall in love with a home is to ensure you have all your financial ducks in a row – starting with financing.
Have you ever found yourself daydreaming about how you will spend your next pay raise or bonus? However, before you know it, those funds are gone, and your goals remain incomplete. Where did all this new money go? It’s a phenomenon called lifestyle creep.
Buying a home is likely the most significant financial transaction you will make in your lifetime. While preparing to purchase a house is exciting, it’s understandable to feel a bit overwhelmed (especially as a first-time buyer). Take a deep breath and relax. We’re here to help ease your mind as we address some of the most commonly asked questions for first-time homebuyers.
Stepping into the world of investing for the first time can be a bit like setting sail on unfamiliar waters. With numerous choices and conflicting advice, it’s natural to feel a tad overwhelmed, unsure of where to begin. But worry not! If adding investing to your financial plans is on the horizon, think of us as your friendly guides.
Federal student loan payments have resumed after a three-year-long payment pause. If you’re worried about how this will affect your finances, you’re not alone. Over 40 million Americans have federal student loan debt. We’re here to help you better manage your finances as student loan payments restart.
In finance, the phrase “financial independence” is tossed around frequently. The challenge is that this concept isn’t one-size-fits-all; it means different things to different people. This article addresses working-class adults and helping them build confidence and peace of mind, knowing they’re financially equipped to handle whatever comes their way.
Whether you are college bound or heading into the workforce, there is something all young adults need to know about: your credit score. Think of this three-number score as your financial GPA. It holds the keys to your dreams of owning a car, renting your first place, or even landing that dream job.
Heading off to college is an exciting time. You’ll meet new people, explore new places, and experience new things. But it’s no secret that college isn’t cheap. That’s why it’s crucial that you have a budget that’s both realistic and flexible. We’ve put together ten tips to help take your money further while limiting how much you need to borrow in student loans.
As a parent, watching your child graduate high school can be bittersweet. You’re filled with pride as you reminisce about all they have achieved and overcome to reach this point. Yet, you know they are about to embark on the next chapter of their life. For many, that’s heading off to college in the fall. Before your child leaves the nest, it’s vital they understand how to manage their money responsibly.
Much of your twenties is spent figuring out who you are and where you’re going in life. As you progress into your thirties, more pieces of that puzzle begin to fall into place. Perhaps you’re planning to get married or start a family. Maybe specific career goals are on your mind. Regardless, it’s often a period of significant personal growth. Achieving many of these milestones also takes financial preparation.
