Personal Financial Advice from a former Certified Financial Planner
With articles and talking finance people constantly talking about mortgage rates, rising mortgage rates, and highest interest rates in 20 years, you might be wondering what the normal mortgage interest rate actually is. There are actually many different types of mortgages. When people talk about mortgages generally, or generically, they …
Understanding Auto Loans: Prime vs. Subprime, A Comparison In today’s economic landscape, inflation and resuming student loan payments, are causing financial strain for many Americans, leading to record-high default rates on auto loans. The situation is reminiscent of the financial crisis in 2008, but this time, it’s the auto loan …
The Federal Reserve Board voted not to raise interest rates at their October meeting, finally realizing that the runaway freight train of interest rate hikes might be more detrimental to economy than the inflation that they are supposedly fighting. Did the Fed Stop Too Late The big question on everyone …
There is a lot of good information about money management, investing, and banking on the internet. Unfortunately, there is a lot of old, incorrect, or outdated information out there as well. Here are 10 things that your bank or credit union may not do anymore, no matter what that article …
Below is a quick belt out of information and opinion before I head off with the family on a last-of-summer vacation. Don’t bother letting me know about other links, grammatical errors, or the like. I’ll go back to normal when I get back next week. Should the Fed stop raising …
Alright, here is the short, short version typed up as fast as I possibly can, while I wait for my documents at the title company. In Washington D.C. they have been stretching legislation to lift more than it as designed to since before they built the Congressional building. This time, …
The vibrant landscape and robust economic growth make Colorado an attractive destination for homeowners. However, more residents looking for more homes pushes housing prices in Colorado higher, especially in real estate bull markets. In 2023, Colorado property tax valuations soared thanks to poor timing, and those higher real estate prices. …
The IRS decides some of your Colorado refund is tax free, but it’s the IRS, so it can’t be that simple. Colorado Cash Back Refund Is Tax Free I don’t know how good your memory is, but in 2022, Colorado officials realized that Colorado residents would be in line for …
Anyone who has been online for more than a day or two knows that the way to get clicks is to have a big, shouting, headline. One popular search engine optimization (SEO) plugin won’t give your title a passing score until it has “a positive or negative sentiment.” Ideally, it …
It is looking less and less like the U.S. economy will achieve the promised land of a soft-landing and will instead end up in a recession. It may turn out to be a shallow recession, but the economy is not typically forgiving of rapid increases in interest rates. If hiring …