Tag: Vs.

June 25, 2021 Marcus Terry 0 Comments

In a recession it’s common for many people to rely on credit cards and loans to balance their finances. It’s the ultimate catch-22 since, during a recession, these financial products can be even harder to qualify for. This holds true, according to historical data from the Federal Reserve Bank of St. Louis. It found that […]

The post How to Get Approved for Credit in a Financial Downturn appeared first on Good Financial Cents®.

June 25, 2021 Marcus Terry 0 Comments

It’s time for another mortgage match-up folks. Today, we’ll look at 10-year mortgages versus the 30-year fixed mortgage to see how these home loans stack up against one another. Before we get started, it’s important to note that there are two very different types of 10-year mortgages out there. One a fixed-rate mortgage that is [&hellip

The post 10-Year Mortgages vs. the 30-Year Fixed: Which Is Better? first appeared on The Truth About Mortgage.

June 25, 2021 Marcus Terry 0 Comments

It’s been a while since I last posted a mortgage match-up, so without further ado, here’s the latest installment: “Prepay the mortgage or invest instead?” There are likely thousands of articles that deal with this very subject, all with plenty of differing opinions, but we are in unprecedented times. Mortgage rates have never been lower [&hellip

The post Should You Prepay the Mortgage or Invest Instead? first appeared on The Truth About Mortgage.

June 25, 2021 Marcus Terry 0 Comments

Homeownership is one of the most time-tested ways to build wealth in the U.S. It can help you build wealth thanks to home appreciation — but this isn’t always guaranteed (just ask anyone who bought a home right before 2008).  Another way to build wealth through homeownership is by upgrading your home, thereby increasing its value. […]

The post 10 Home Updates That Are Worth the Money appeared first on Good Financial Cents®.

June 25, 2021 Marcus Terry 0 Comments

Thanksgiving is about spending time with family – both the family you were born with and the family you’ve chosen. That’s why Friendsgiving celebrations have become more popular in recent years. They give adults a chance to sit down and…

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The post How to Host Friendsgiving on a Budget appeared first on MintLife Blog.

June 25, 2021 Marcus Terry 0 Comments

Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to protect assets. Both are also created at the state level but they have different features and different uses. Trusts are primarily used to avoid taxation … Continue reading →

The post Trust vs. LLC: What’s the Difference? appeared first on SmartAsset Blog.

June 25, 2021 Marcus Terry 0 Comments

Two of the possible ways for people making arrangements for the disposition of their assets after their death are wills and irrevocable trusts. Each one has unique strengths. Here’s how the two compare and contrast so you can determine if … Continue reading →

The post Irrevocable Trust vs. Will: What’s the Difference? appeared first on SmartAsset Blog.