FEATURED BLOG POST

Millennials Are Seeking Prenups—and It Might Just Be Worth Considering

Read More

7 Essential Tax Tips for Young Professionals

Whether you’ve been filing taxes for 5 years or 15, it never seems to get any easier. Maybe it’s because a whole year goes by between each tax season—plenty of time to forget everything you learned about W-2s, deductions, and tax credits the year before (not to mention your e-file password).

Meanwhile, the older you get, the more complicated your tax situation tends to be. As you earn more income and achieve new financial milestones, you face questions like what expenses are itemized tax deductions, what’s considered income for tax purposes, and if you can write off interest payments on your student loans.

Life is too short for a formal education in tax code—getting a handle on a few of the basics can help you maximize your tax refund (or at least minimize what you owe). Here’s a roundup of sage tax advice for young professionals from financial experts to make your tax return a breeze—or just less terrible than usual.

Read more

#HomeEnvy: How Social Media is Changing the Game for Home Improvement

It’s no secret that the advent of Instagram has changed the way we eat and the way chefs prepare food. At this point, we’re all in it for that double-tap worthy brunch shot of our elegantly-plated eggs benedict accompanied by home fries and hashtags.

Social media does more than just make us feel like we missed out on a great meal, though. Through platforms like Pinterest and Instagram, we have a clear view into friends’ and influencers’ homes. It made us wonder: does “pinning” impact planning when it comes to home improvement projects? We surveyed 1,500 homeowners to find out.

Read more
When to consider refinancing student loans

Here’s When to Consider Refinancing Your Student Loans

When was the last time you took a close look at your student debt? If you’re like most borrowers, particularly those with six figures of student loan debt from graduate school or MBA programs, you probably shudder at the thought. Chances are, you set up a loan repayment plan after graduation and figured you’d revisit it “later”—say, when you’re making more money, when your career is more secure, when you have more time.

This approach is understandable, since after receiving your undergraduate or graduate degree your focus is on other things (like building a career that will help you pay off your loan balance). But if you let that nebulous “later” date turn into “never,” the repercussions can be costly. At some point, refinancing your student loans could save you a significant amount of money. You just need to figure out if you’ve reached that point.

So how do you know when it’s time for a student loan debt check-in? Here are four factors that should prompt a second look:

Read more
Is MBA debt worth it?

How One MBA Grad Became a Total Minimalist—and Paid Off $90K in Debt

Joe Mihalic is a changed man. In 2011, he led the typical the Harvard-MBA lifestyle, with a lucrative job at a big tech company, a house in the suburbs, two cars and a motorcycle, and frequent travel—but he felt trapped. “I wasn’t working at a company I loved or in a job I loved. I wasn’t living a life I loved,” Joe says. So he changed his life drastically, becoming a minimalist. And that decision led him to pay off $90,000 in student loan debt in just seven months.

Joe, who lives in Austin, Texas, chronicled his journey to payoff success in his blog No More Harvard Debt. His posts resonated with many young grads, and his blog went viral in 2012. Now debt-free and an operations manager at a company he loves, Joe says he’s found inner peace. But he hasn’t let go of his frugal lifestyle— his work shoes attest to that. While paying down his loans, he wore the same shoes, even as holes appeared in them. Today, he won’t buy a new pair of shoes until the soles wear out.

Joe didn’t take every possible road to pay off his student loans—for example, he didn’t refinance, or take advantage of a student loan forgiveness program. But his “all in” approach offers many takeaways for MBA grads facing mortgage-sized loan debt.

Read more

6 Things to Consider When Choosing a Mortgage Lender

Up until a few years ago, there wasn’t a lot of variation between what different mortgage lenders were offering. It was kind of a nightmare, to put it mildly. Since there wasn’t a lot to consider when looking for a lender, borrowers typically compared them on interest rate alone. And because lenders had no differentiation in services, borrowers were always in for a frustrating, paperwork-heavy application process ahead (often with poor customer service from the bank providing the loan).

Read more
Page 10 of 59« First...89101112...203040...Last »
SSL Encrypted
Equal Housing Lender