Lending Money To Family, Friends
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 […]
Get Started On Saving For College
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 […]
Important Estate-planning Tools
No matter how much you are worth, it is important to have an estate plan in place to protect yourself, your loved ones and your assets. An effective estate plan is one of the best things you can do for your family to ensure you pass on as much as possible, on your own terms, […]
Tips For Couples Talking Finances
Finances are an important but often neglected topic in relationships. Studies have shown that money is the No. 1 reason why couples argue, yet talking about it is surprisingly a low priority. According to Fidelity Investments, less than half of couples manage household finances together and only 38 percent talk openly about retirement planning. It […]
How to Set SMART Goals for Yourself
In the book What They Don’t Teach You At Harvard Business School, Mark McCormack tells about a study of Harvard MBA graduates. After tracking the graduates for 10 years, the survey found that 3 percent of the graduates earned more than the 97 percent combined! Was it a particular skill, trait or industry that differentiated […]