by Jasmin | Sep 3, 2019 | Buying a House |
If you are considering shopping for a home you have probably heard of private mortgage insurance (PMI). Hearing about PMI and understanding mortgage insurance are two very different things. So what is it? Who benefits from it? Do you have to have it? Let’s set...
by Jasmin | Aug 22, 2019 | Retirement & Investing |
Lately, with Your Money Line, I’ve found an increasing amount of participants in search of creative ways to pay off their debt. As of late, the most popular option seems to be using equity in a home to pay off other obligations. The justification for using equity to...
by Jasmin | Aug 14, 2019 | Retirement & Investing |
What’s a backdoor Roth IRA and I should I have one? ———————— There seems to be a cycle of financial terms du jour, one of the latest being backdoor Roth IRAs. It’s been bantered about, especially targeted to those...
by Jasmin | Jul 25, 2019 | Budgeting, Housing |
I’m starting to look at purchasing a home. I have some cash saved for the down payment. However, I’m not sure how much I should keep in my bank account for emergencies. Should I have multiple savings accounts? One for emergencies? One for the house? Any insight you...
by Gayle Evezich | Jul 9, 2019 | Budgeting, Relationships |
Hi there, I have child support and alimony budget. I need help planning my new budget having not run the family finances. Where can I find help? Nikki Thanks Hi Nikki, Divorce is one of those things we’re really never prepared for, either emotionally or...
by Pete Dunn | May 13, 2019 | Retirement & Investing |
I’m 27 with a solid job, a car payment, and some credit card debt. Every purchase I make, I now ask myself if it is necessary or will it make getting out of debt more difficult. My girlfriend of a year is also on board with this and has also made a commitment to save...
by Jasmin | Apr 19, 2019 | Retirement & Investing |
This has been quite the year with my health. I’m in the middle of settling a lawsuit from a car accident so those will all be taken care of at some point. My question is this…I got a double whammy and had to replace the furnace and AC in January....
by Jasmin | Mar 21, 2019 | Budgeting, Housing, Retirement & Investing |
I just turned 54 and will likely pay off my home in just over 2 years if I continue to make the regular payments. I could pay off the balance ($34k) today, but that would take most of my savings. What are your thoughts on the best course of action? I have always...
by Jasmin | Jan 21, 2019 | Retirement & Investing |
The following is an anonymous question submitted to Your Money Line and was answered by one of our highly-trained Financial Concierges. All identifying information has been removed. I am overwhelmed with student debt. When I first started college, I had a hard time...
by Jasmin | Jan 21, 2019 | Retirement & Investing |
The following is an anonymous question submitted to Your Money Line and was answered by one of our highly-trained Financial Concierges. All identifying information has been removed. Hello, Let me start with the statement that money scares me. It scares me in the way...
