Are Reverse Mortgages a Good or Bad Idea?

We’ve lived in our home a long time. The equity has built up, since the mortgage is paid off. Many people in this situation would be thinking that they should have fun with all that equity money. While others may think their home equity is a good way to boost their monthly income in order to […]

Should You Buy or Lease a Car?

When you need a vehicle, your two major choices are to buy or lease, but figuring out which is best is like trying to make your way through a thick forest in the dark of night. So, let’s dig into the good, the bad and the ugly for both leasing and buying. When you lease […]

What You Need to Know if You are Buying a Car

After a home mortgage, car loans are the largest debts most people have. More than 70 percent of all the cars on the road are financed. Car debt is one of the biggest roadblocks for people on their journey to true financial freedom. It’s especially dangerous because most people never get out of car debt. […]

Cosigning Can Ruin Your Credit Score!

  Many people gladly cosign a loan considering it a favor to a friend or relative. It may seem like a good idea at the time. You think you are helping your child buy their first car. Or maybe your sister wants to buy a house. You may think your only responsibility is to sign […]