Not that long ago, people looked forward to retirement as a time of relaxation and leisure when one might travel the world or take up a new hobby. Increasingly, however, people preparing to retire are doing the math and realizing that the future doesn’t look so bright financially. The following 10 guidelines will help you enjoy a more comfortable retirement even in an uncertain economy.
Looking for simple renovations that will give your home a face lift? Start with your bathroom, especially if you have pink tile and a baby blue toilet. Outdated bathrooms can stop potential buyers in their tracks. Even if you're not looking to sell, it's nice to feel like you're living in the current decade. Besides increasing the value of your home, the bathroom can be a place to get creative and have some fun. Here are five major benefits a bathroom re-do can offer:
Topics: Home Ownership
Teaching children the value of money starts early. It start with every allowance, money gift, and wage that they receive. The following tips can make the difference between a child who grows up to be financially secure – and one who isn’t.
From February 25 through March 2, Hanscom FCU will be offering free programs to help our military members save money, reduce debt, and build wealth. Military Saves week is coordinated by Military Saves, an initiative of America Saves...so if you're not in the military, you can also participate through America Saves Week, which runs concurrently.
If you’re shopping for a home for the first time, you’ve probably heard of an Adjustable Rate Mortgage, or ARM. It’s a type of home loan with an interest rate that changes over time.
You really want to buy a home — after all, it is still a part of the American Dream — but the finances of it can seem overwhelming. That’s why it’s so important to do some thorough prep work before you start looking for a mortgage.
A $2,000 balance on your credit card – how did that happen? (Oh yes, dinner at Chez Fifi, new tires, school clothes for the kids…) Thankfully the minimum payment is only $38. You can afford that!
Student loan debt is the enemy of many millennials, but it’s becoming a problem for some older Americans, too. According to the Consumer Financial Protection Bureau, recent data shows that between 2012 and 2017 in more than three-quarters of states, the total outstanding student debt held by borrowers over age 60 increased by more than 50 percent. For many of these borrowers, this student loan debt is money borrowed for their children’s or grandchildren’s educations.
If you reside in cellphone-only household, you're not alone. More than fifty percent of adults in the United States live in households without landline telephone service according to a 2016 survey by market research firm GfK MRI, a number that is sure to be higher today in 2019. Compare that with 2010, when the total number of households with cell phone-only service was just 26 percent. Clearly, the cellphone-only lifestyle is the new normal. But is this new normal the best choice for everyone? For some people, keeping that trusty landline is a smart move, even if it costs a little extra each month.