Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way. The best way to ensure your homebuying process is a positive one is to find […]

Large credit card debt is like a 30-year mortgage.  If you only pay the minimum amount each month, it would take roughly, 30 years to pay it off…assuming you don’t add anything new to the balance. A $20,000 credit card balance at 18.9% interest with a minimum payment of 2% would take over 30 years […]

A lower rate will not only result in a lower payment, it will amortize the loan quicker.  A $250,000 mortgage at 4.5% for 30 years will have a $1,266.71 principal and interest payment.  At 4%, the same loan will have $1,193.54 payment saving $73.18 a month and the unpaid balance would be $1,776 lower at […]

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined […]

Do you love grilled cheese? If you are a red-blooded American, the answer is most likely yes. Whether you are sick, need to whip up something quick and tasty, or just need something to dip in your soup, there is nothing better than a homemade grilled cheese, which will be showcased at the upcoming Grilled […]

You’ll need to earn $2.00 for every $1.00 you want to spend assuming you pay 50% of your earnings on income tax, social security and Medicare.   On the other hand, you get to keep 100% of every dollar you save on your personal expenses because the taxes have already been paid. Periodically, review your expenditures […]