Many people are familiar with Murphy’s Law: “Anything that can go wrong will go wrong.” This adage can also hold true for finances. According to the 2012 National Financial Capability Study by FINRA, almost 40% of Americans could not come up with $2,000 if an unexpected need arose! What was also shocking is that 60% […]
Many of us may have been in a situation where a family member or friend has asked to borrow money. In 2011, 7 percent of homebuyers borrowed from a relative or friend to help purchase a house, and 14 percent of business owners also borrowed from family and friends to help cover costs. Lending money […]
A house is a major investment that will greatly affect your financial future. Before you start shopping, be sure you know how much house you can afford.
The cost of college has soared in recent years. With more than $1 trillion in outstanding student loans, it even has caught the attention of Congress, which recently passed a bill to keep interest rates low on federal student loans. The average full-time student at an in-state public university will pay about $15,000, and at […]