by Ryan Smith25 Aug 2016 What salary do you need to afford a home in your city of choice? How does your city rate in terms of home affordability? A recent report by HSH.com determined the salary families would need to make in 27 metro areas in order to afford the local median home […]
Life Planning
Back-to-School Budget
How to Work Back-to-School Into Your Budget Try this little mantra called the 50/20/30 Rule. What that means is: 50% of your monthly income should go toward your essential expenses like housing, utilities and groceries. 20% should go toward your financial priorities like debt payments, retirement accounts, college savings and emergency fund. The last 30% […]
Tips To Consider Before You Leave Your Child An Inheritance
Doug and Tammie share an article from Forbes.com on things to consider before you leave an inheritance to your children. Warren Buffett enrolled Bill Gates in not leaving all his money to his children. “I’ve given them enough that they can do anything with their lives, but not enough that they can do nothing.” Warren Buffett […]
Couples and Money
Couples and Money Disagreeing about money is almost inevitable — but it’s not necessarily a bad thing. As an individual, you have priorities about what you want your money to do for you that may or may not line up with your spouse or partner (or parents or friends). What you need to learn is […]
Blended Family Steps
Blended Family Steps About 75 percent of the 1.2 million Americans who divorce each year eventually remarry. Most have children, and they find that step-family life is more complex than they ever imagined. Below are a few steps to take to bring a blended family together.
Real Estate Tips For Seniors
Real Estate Tips Real Estate can be a tricky process. As we get older moving doesn’t sound as fun as when we bought our first house. Now you have accumulated “stuff”, let the purging begin! What makes the move as a senior citizen even more challenging is how to handle the buying of your next […]
Social Security Status And Possible Fixes
SOCIAL SECURITY STATUS Not much has changed in the financial status of the Social Security Trust Funds since last year, according to today’s release of the annual report on the status of the funds by the Social Security Board of Trustees. The combined asset reserves of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) […]
Rethinking Your Resolutions
New year, new you, new home. The calendar change always invites all sorts of resolutions, some of them attainable, many of them impractical and stress-inducing. But changes needn’t be big or difficult to be life-altering. Here are some financial–related New Year’s resolutions you can make for 2016 that will pay big dividends with minimal effort.
Should I Sell My Home During The Holidays?
Should I sell my home during the holidays? This is a question on the minds of many home owners. There is no clear cut and dry answer as everyone’s personal circumstances are different. Selling a home during the holidays however, was once something that very few people did. The argument was that there were less […]
Financial Baggage Part 2: Millionaire Myths
Here are seven millionaire myths*, and the real facts about the ones who seem to have it all. Millionaires Don’t Pay Their Taxes Fact: It is estimated that millionaires, those in the top 1% of earners, pay about 40% of all taxes. Current tax regulation shifts may change these numbers to make this even larger […]
