Home is where the heart is. So went the adage. It has always been drilled into our brain that growing up and buying a home was the smartest financial move ever. In fact, buying a home was and is considered as a very good investment opportunity. Sounds too good to be true, right? Or is …
Budgeting is an art. It takes a lot of imagination and decision-making skills to create a budget for oneself. In the past all one had to budget was a pen and their balance sheets. It was left primarily to brain power to come up with solutions. The arrival of the new age has seen an …
At 22 you are the king of the world. Nothing seems to bother you. You are invincible, raring to go and virtually unstoppable. Now pause and take a few steps back. This age, rage, and energy will not last forever. A few years down the line, when you slow down a bit, wisdom will suggest …
No one needs to pay a home loan any more extended than would normally be appropriate. It’s a bit unsettling to have a tremendous obligation approaching over you for a considerable length of time, piling on intrigue. You may even be enticed to pay off your home loan early in case you’re sufficiently blessed to …
A credit card is the most happening thing in the world of financial transaction. Gone are the days when long queues in banks would give jitters to its customers. With credit cards, there is a degree of financial freedom seldom seen in any other mode. It is also a security nightmare. Imagine, a card with …
Would the question rather be should you? Or would you? Now before we indulge in some plain talking, let us first know what HSA is all about. What is HSA? HSA or Health Savings Account, tax benefited medical savings account, which is available to taxpayers who are enrolled in an HDHP or High-deductible Health Plan. …
Investment account IRAs (Roth or Traditional), like other IRA items, are beneficial for a few people in specific situations. Somebody as of now said the amassing stage, holding up to develop the base beginning venture required for some common assets. Another awesome case would be money that is stopped, prepared to move without punishment, simply …
In other words, this would mean that you have an attractive piece of cake placed right I front of you. It is laden with all the sweetness, you ever wanted have. However, the catch is, one piece of that and you can forget the rest of the dinner because your hunger can only take in …
Are you working more than 80 hours a week? Is over time working leading to happiness? Are you able to balance your life? Working significantly overtime does not always mean more earning or more happiness. Many end up working overtime because of the greed of earning more. Stop for a minute and analyses, are working …
To begin discussing this subject let us be aware of all the facts we know about a 401(k). What is a 401(k)? A 401(k) is nothing but a retirement savings plan sponsored or paid by the employer. The employer lets the employee save and invest a certain percentage of their pay before it is taxed. …