Financial advice

The Home Equity Line of Credit: a double-edged sword

In recent years, lenders have been consistently recommending the homeowner’s line of credit (HLOC) to consumers. On the surface, it looks like a great financial product since it gives homeowners quick access to their home equity at a low interest rate (3-4%). The line of credit can then be used for

How can I start teaching my kid about money ?

As adults, the way we deal and think about money today is what we were taught at a much younger age.  We all learned about money from our parents, either directly or by observation.  Those lessons influence our financial decisions our entire life, whether we are aware of it or not. Therefore, it