Q: I’m considering private mortgage insurance (PMI) on the new home I want to buy. Is this a good idea, and do I need PMI? A: PMI is an extra fee that you pay every…
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How To Do A Personal Finance Review
In every area of your life, submitting yourself to a checkup is essential to determine your health. That way, you can make course corrections and ensure that you remain on the path to the success…
10 Steps To Determine Your Life Insurance Needs
Do you already have coverage? If yes, go over your current policy to assess how much coverage you already have. Dropping and replacing an existing policy with a new one can be costly. Figure out…
Are You A Compulsive Spender?
Compulsive spending involves feeling compelled to spend money on items you don’t want or need. Sometimes, you might spend money on items you already have plenty of. For example, even though you love getting new…
Practical Tips For First Time Home Buyers
The decision to go from renter to homeowner is a big one. When you own your own home, there are a lot of responsibilities, but there are also a lot of benefits. Buying a home…
Adult ADD and Taxes – It’s A Legit Issue…
I know you still have about three months until you have to think about year-end and file your U.S. tax forms, but now is an excellent time to think about taxes. Many adults with ADD…
6 Finance Tips For Twenty-Somethings
Financial responsibility is not a priority for most young adults. If you’re in your early 20s, you’re probably more preoccupied with friends, school, relationships, finding work, or traveling. Finances aren’t fun, but getting a head…
How Do After Tax Retirement Plan Contributions Work?
The phrase “after tax contributions” regarding retirement accounts can often be confusing. This article will discuss some of the common aspects of after-tax contributions. You might find it easier to understand the phrase if you…
How To Choose An Accountant
Choosing the right accountant is very important. Avoid the mistaken belief that all financial professionals are equally skilled and capable. Abilities and ethics vary from one person to another. It’s your money, so protect it…
Do You Need an Emergency Fund?
You should always expect the unexpected! You can be prepared for the unexpected by having an emergency fund set aside. An emergency fund is the best defense against a financial emergency. Many doubt they can…