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One of the most perplexing questions for a home buyer is whether to use a fixed rate mortgage or an adjustable rate mortgage loan. Some might think in today’s rate environment, a fixed rate mortgage is the only option. That is not necessarily true as even today, there are reasons to consider an ARM loan. 
 

Life brings several opportunities to spend money and for most of us this requires a choice on how we are going to pay for what we buy. There are really only two options, borrow or use cash.  The choice you make for each type of spending will be a major factor in your long term financial success.
 

Being debt free is a goal for everyone who has any debt. Yet even though that is a goal for everyone, hardly any has a true plan to be debt free in the near future.  How can you reach debt free status? There are surprisingly several ways to become debt free that don’t have to be that painful.
 

Home improvements are not all equal.  Some provide more value for resale than others. However resale value is not the only criteria that should be used to determine the projects to complete. Deciding which home improvement projects make financial sense is not an easy task.

Categories: budgeting, college, loans

You may have just graduated college, or maybe it has been a few years. Either way, it’s important to understand your student debt and create a repayment plan that is realistic for your specific needs.

Terminology is an important part of every subject that you learn. It is important in learning about finances too. Here are a few standard lending terms that will help you when taking out a loan.

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