You may be familiar with a home equity loan. It’s a closed-end term loan that uses your home to secure the value, hence the name. These loans are sometimes referred to as second mortgages and usually have a 5-7 year life with one lump sum being borrowed at initiation of the loan.
If you are like most Americans, having your finances completely buttoned up may not be your strong suit. In fact, the statistics about Americans and finances are downright shocking. But, you don’t have to be a statistic. We’re here to help.
According to AARP, embracing your inner retiree can save you money. By shopping on certain days or asking for a discount, you can save a bundle. Here are great tips to get you started.
Wouldn’t it be great if we all had a vacation account that was just waiting to be spent? Unfortunately, that’s just not real life for most of us. In fact, most people are just now starting to plan for their summer vacations.