What Are Points on a Mortgage Loan

The interest rate on a loan is the primary factor determining your payment and how much you pay the lender over the life of the loan. Did you know that in some cases you can pay to reduce the interest rate on your mortgage loan? The process is called “buying points”. The more points you buy the higher your closing costs are but the lower your payment and interest rate is.

Homes and Real Estate

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What Are Points on a Mortgage Loan

What Are Points on a Mortgage Loan

The interest rate on a loan is the primary factor determining your payment and how much you pay the lender over the life of the loan. Did you know that in some cases you can …

Homes and Real Estate

Read More...

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17 Ways to Make Money From Home 2021

17 Ways to Make Money From Home 2021

Until a few years ago, many people did not even think that working from home would become commonplace. Today it is easier than ever to start your own business with a minimal investment.

Personal Finance

Learn Budget Planning From Stay-At-Home Parents

Learn Budget Planning From Stay-At-Home Parents

Personal budgets for families are not made by professionals, but oftentimes by the women who runs the household. It may sound stereotypical, but it is still the case in many households that the husband works …

Family and Finances, Budgeting

What is the Launch Young Financial Launch Pad?

What is the Launch Young Financial Launch Pad?

Budgeting. Savings. Investing. These three principals are the pillars of financial health. Unfortunately, most high schools and colleges do not teach the basics in financial literacy, leaving millions of young professionals unprepared and susceptible to …

Financial Literacy

Why Cash Is Not as Safe as You Think

Why Cash Is Not as Safe as You Think

Cash has a strange dark side. It silently loses value year by year. While most people think cash is super safe, holding it long term is much riskier than people realize.

Net Worth, Risk Reduction

Understanding Roth IRAs: The Complete Guide

Understanding Roth IRAs: The Complete Guide

Roth IRAs are a type of retirement account that offer valuable tax benefits - namely tax-free withdrawals and tax-free growth. Having a Roth account provides a lot of flexibility during retirement so you can reduce …

Personal Finance

How to Save $5,000 in a Year

How to Save $5,000 in a Year

Many people wonder how they can save $5,000 in a year. In this post we explore budget expenses that can be trimmed, either by finding less expensive alternatives or cancelling ones that are not used …

Budgeting

8 Profitable Hobbies You Can Monetize

8 Profitable Hobbies You Can Monetize

Hobbies are great for relaxing, exploring creativity, and honing your skills at something you are passionate about. However, did you know you could also earn a bit of income from all the time and effort …

Personal Finance

How to Reduce Your Taxable Income / AGI

How to Reduce Your Taxable Income / AGI

Paying taxes sucks. What you might not know is that you can lower your taxable income so you end up paying much less in taxes. Even if it is late in the year, there are …

Personal Finance, Budgeting

Robo Advisors - The Future or a Flop?

Robo Advisors - The Future or a Flop?

Robo-advisors are a new technology powered way to handle wealth management. They often consolidate all of your investment management, tax harvesting, and retirement planning requirements in the most efficient way possible.

Personal Finance, Net Worth

How Will Bonds Do if Interest Rates Rise?

How Will Bonds Do if Interest Rates Rise?

With interest rates currently low you may be wondering how your bond fund will do if rates rise. In this post we explore a few scenarios of how it might play out.

Net Worth

Is Freelancing Better vs a Full-Time Job

Is Freelancing Better vs a Full-Time Job

Many employees due to their small monthly salary or boring work dream of one day becoming independent. Not everyone is cut out for it though.

Personal Finance, Budgeting

Budgeting for a Family Trip to Europe

Budgeting for a Family Trip to Europe

Heading to Europe? This article breaks down what it might cost for airplane tickets, accommodations, dining / food, attractions over varying stays.

Family and Finances, Budgeting

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