Saving for retirement is one of the smartest investments you can make for your future. Your employer might offer a 401(k)âand maybe matching contributions tooâbut if you havenât signed up for a 401(k) before, you might be doubting whether you can afford to take a chunk of money out of your paycheck, especially if youâre […]
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An individual retirement account (IRA) can be an important part of retirement investing for some people. But before saving money in this type of plan, it makes sense to know the basics about who it’s for, how it can help, and which type of IRA is right for you. This article will cover the six […]
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I feel like Iâve been going on and on about mortgage rates lately, but for good reason. After hovering at or near record lows for such a long period of time (it seemed indefinite), the party finally came to a sudden halt, and now weâre seeing extraordinary rate increases. This sudden reversal of fortune has [&hellip
The post Look: Mortgage Rates Are Still Historically Cheap first appeared on The Truth About Mortgage.
Buying a car isnât cheap. The average cost of a new car is now over $38,000, according to Experian . Used cars are now averaging more than $22,000. Even if you plan to get a loan, you may not want to get one for the full amount. Generally, the more you can put down on […]
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Want to get a quick and easy measure of your financial health? Personal finance ratios (which show the relationship between numbers), can be a great starting point. Youâve likely heard about ratios before. Wall Street and corporate analysts use a host of ratios, such as debt-to-equity or price-to-earnings, to help determine how public companies or […]
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If youâve ever looked at your paycheck and wondered where all your hard-earned money went, youâre not alone. Maybe youâve even seen a line (with a large number next to it) and wondered, What is withholding tax? And why do they take so much? Federal and state withholding taxes arenât a punishment for your hard […]
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Thereâs been a lot of talk (and worry) that the higher mortgage rates of late might derail the apparent housing market recovery. After all, many believe the only reason things were improving was because of the ua-low rates the Fed facilitated with the likes of QE3. Without them, some argue, home prices would have to [&hellip
The post Everyone I Know Is Trying to Refinance first appeared on The Truth About Mortgage.
With interest rates as low as they are, bonds are not the retireeâs friend they used to be, so what can you do to replace them in your portfolio? Three possibilities include real estate, options and annuities.
Buying food and household items in bulk can be a great way to reduce your monthly spending. How much money you can potentially save will vary depending on the item, but some experts estimate that bulk buying can cut your bills by 20 percent, and sometimes significantly more. You may want to keep in mind, […]
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We all want to improve our money-management habits, but sometimes the path on how to achieve this goal is a little unclear. If someone is looking to take their financial health to the next level, they can follow these seven steps to gain control of their spending and money. Tips for Evaluating Your Personal Finances […]
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