When an electrical good suddenly gives up you can be faced with finding a tidy $1,000 or so to replace it. For many people this causes unwanted financial stress and can result in them funding the purchase through debt or other savings. Neither of those options is ideal.
This year I have again volunteered for the Financial Planning Associations's Ask an Expert program. Following is one of the questions I just received and my answer. The question Hello Matt, my husband & I own our own home but have a mortgage of nearly $300,000. It is an equity style loan, we only have … Continue reading Qn: How do we get out of debt?
A pithy observation today from fellow financial educator Carl Richards. I recommend you click through to read Carl's article that accompanies the sketch.