May 9 2012
A home equity credit line, often called a HECL or HELOC, is a revolving line of credit that is secured by a lien placed against your home. Often, customers ask how a HECL differs from its sister, the home equity loan. When you get a HECL, you are approved to use it to a specific [...]
Apr 27 2012
Becoming a first-time home buyer is an exciting undertaking as you start to live the American dream of home ownership. After living through the worst recession since the Great Depression, you may feel that buying a home for the first time has become a distant dream. But that perception may not be accurate. Right now [...]
Apr 12 2012
While my husband and I are both gainfully employed, my little girl will never have a trust fund. She will not be getting a brand new car for her 16th birthday. She will, eventually, need to get a part-time job to help pay for college. My husband and I have a plan to raise a [...]
Apr 9 2012
The deadline for filing your taxes is fast approaching. One tactic you might not have thought of can help you save for retirement and provide you with a deduction. Assuming you have earned income and fall within certain limits you can contribute to a Traditional IRA and take a deduction off your taxable income. This [...]