Your home has a lot of value to you. You can watch the kids grow up in your front yard. It’s the place where family gatherings are held. It’s a roof over your head at night.
What we might not think about is the immediate monetary value a home has. As you make payments on your home, you build equity. You can refinance and turn that equity into cash to help pay for your child’s colleg…
The instinct to pay off debt as quickly as possible is one of the strongest financial urges we have. It makes sense, since debt can drain your resources and prevent you from making other, more beneficial, financial moves. But do you really need to pay off your mortgage early if you want to embrace a smart debt strategy?
“We bought a house right after university, and I remember seeing…
Tying the knot comes with a lot of financial implications. It can raise your taxes. It can lower them (if you’re lucky). It can affect the types of retirement accounts you can get. It can affect how much you pay for insurance. And, in some cases, it can even affect your mortgage.
There are a lot of things to consider when you’re getting ready to buy a house. But if you’re married,…