Plan
When is it okay to make an early withdrawal from a 401(k)?
Accessing your 401(k) early might feel like a lifeline during financial stress. Whether you’re facing mounting medical expenses, a sudden job loss or trying to quickly pull together the down payment for a house, the idea of tapping into that retirement account can be tempting. But there are serious trade-offs. Making an early withdrawal from […]
Building a household budget with your college roommates
Sharing an apartment in college can be a smart way to save money — but it can also create unexpected financial tension if you and your roommates don’t see eye to eye. Different values, budgets and expectations can turn into conflict if you don’t plan ahead. That’s why building a budget with your college roommates […]
Is it smart to consolidate credit card debt?
When you’re juggling multiple credit cards and trying to keep up with minimum monthly payments, it can feel like you’re getting nowhere. That’s why many people consider consolidating their credit card debt — combining several balances into one payment with the potential for a lower interest rate and a clearer path forward. But is it […]
How to teach kids about money this summer
School’s out, but the learning doesn’t have to stop. Now, you’re the teacher. Summer break is the perfect time to start teaching your children about money and how to build smart money habits that last. If you’ve ever felt unsure about how to start, you’re not alone. Many parents want to help their kids become […]
How to financially prepare for a baby in five simple steps
Starting a family is an exciting milestone, filled with both celebration and extensive preparation. Amidst decorating a nursery and planning a baby shower, it’s easy to overlook the crucial step of financially preparing for your new baby. As lackluster as this step may seem, it’s an imperative one. After all, according to recent data, the […]
Why future planning is important, and where to start
According to recent reports from a senior living referral service, Caring.com, 67 percent of Americans die without a valid estate plan, meaning that their assets, and end-of-life wishes, are distributed and upheld according to intestate succession laws. These laws establish the order of distribution of one’s assets – first to a surviving spouse or children, […]
Steps to buying a house: A guide for first-time homebuyers
Buying a home is one of the most exciting and important decisions you’ll ever make. With the average person staying in their home for 12 years, this purchase can have a mighty impact on your finances for the next decade or longer. While buying a home can feel like a daunting process, having the right […]
How to spot and report an IRS tax scam
The Internal Revenue Service (IRS) reported that in 2023 alone, $5.5 billion was lost to tax-fraud schemes. With W-2s and other tax forms full of personal information, it’s easy for your private data to fall into the wrong hands. Whether they’re tricking you into clicking on malicious links, or impersonating a tax professional via social […]
How to finance summer fun with RV and boat loans
Summer is the perfect time for adventure, and there’s no better way to make the most of it than with a recreational vehicle (RV) or boat. Whether you’re planning cross-country road trips or cruising the open waters, securing the right financing and understanding the financial commitment can make your dream a reality. Lenders design RV […]
How to budget for your first big vacation
Vacations can serve as a relaxing reward for accomplishing a career milestone, meeting a financial goal, or celebrating a life change. However, the last thing a vacation should do is add stress to your life upon your return. Recent data suggests that travel prices are on the rise. A family of four can travel to […]