MyBankTracker Blog - Page 21

Compare Reverse Mortgage vs. Home Equity Loans & HELOCs for Retirement Income
Compare reverse mortgages and home equity loans or a HELOC to help generate retirement income to fund spending and living expenses in your later years.
Mortgage Recasting: When Does It Make Sense for You?
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Kevin Mercadante
Mortgage Recasting: When Does It Make Sense for You?
Find out when it makes sense for you to recast a mortgage...
When Does a No-Cost Mortgage or Refinance Make Sense?
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Valencia Patrice Higuera
When Does a No-Cost Mortgage or Refinance Make Sense?
Learn how no-cost mortgages or refinancing works to help avoid the costs...
Balloon Loan Payments: How Do They Work?
Learn how balloon loan payments work when it comes to the amortization schedule and monthly payments towards a mortgage, auto loan, or commercial loan.
How to Choose the Best Private Student Loans
After you've exhausted your federal student loan options, learn what you should look out for when you're thinking about also taking out private student loans.
When Does It Make Sense to Cash Out Refinance?
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Valencia Patrice Higuera
When Does It Make Sense to Cash Out Refinance?
Learn all about cash-out refinancing and find out when it makes the...
How to Overcome Your Biggest Financial Blocker
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Kayla Albert
How to Overcome Your Biggest Financial Blocker
Restraint bias: one of the least talked about and sneakiest ways we...
Day Trading: Is It the Right Investing Style for You?
Find out how day trading works to see if this way of investing is the right approach for you based on your risk tolerance and knowledge of stocks.
How I Avoided Debt and Got Through My 20s
It may not always be easy, but there are strategies on how to avoid debt in your 20s. MyBankTracker's Marina Shifrin explains her 6 favorite ways to save.
What You Need to Know About Employee Stock Purchase Plans
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Kevin Mercadante
What You Need to Know About Employee Stock Purchase Plans
Learn all about employee stock purchase plans (ESPPs), which allow employees to...
The Deceptive Cost of Online Shopping: Boxes, Returns and Phishing
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Amy Carst
The Deceptive Cost of Online Shopping: Boxes, Returns and Phishing
Done incorrectly online shopping can cost you dearly from box disposal to...
Does Social Media Make You Spend More Money?
People believe their decisions are based on rational analysis, but the reality is that many are determined by emotions that social media taps into.
5 Ways to Tell if You’re on the Right Financial Path
Can we ever really know if we're on the right financial path? Here are five steps to help you figure it out - based on your personal goals and desires.
Should You Contribute to Your 401(k) or Pay Down Your Mortgage?
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Rebecca Lake
Should You Contribute to Your 401(k) or Pay Down Your Mortgage?
Paying off your mortgage ahead of schedule makes sense when you're trying...
Should You Make Bi-Weekly Mortgage Payments Instead of Monthly Payments?
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Valencia Patrice Higuera
Should You Make Bi-Weekly Mortgage Payments Instead of Monthly Payments?
Find out how to set up bi-weekly mortgage payments instead of monthly...
Buying a Car Online: What You Need to Know
Keep these points in mind when you're buying a car online, often without seeing or test driving the vehicle first.
When Should You Start Considering Wealth Management Services?
Find out when it makes sense that your finances and future goals mean that you should start thinking about wealth management services.
6 Private Student Loan Facts Lenders Avoid to Emphasize
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Rebecca Lake
6 Private Student Loan Facts Lenders Avoid to Emphasize
Financing a degree can be a wise investment but if you're in...
Should You Use a 401(K) When Buying a House?
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Valencia Patrice Higuera
Should You Use a 401(K) When Buying a House?
Find out if you should withdraw from your 401(k) plan to help...
Whole Life vs. Term Life Insurance: Which is the Right Policy Coverage for You?
Compare whole life insurance and term life insurance to help you decide which is the right policy coverage for you, your family and beneficiaries.
Variable Life Insurance: Is It the Right Type of Life Insurance for You?
Learn how variable life insurance works for people who want the cash value of their policy to encompass investment returns.
Universal Life Insurance: Pros vs. Cons to Consider
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Kevin Mercadante
Universal Life Insurance: Pros vs. Cons to Consider
Learn the pros and cons of universal life insurance to find out...
Are Robo-Advisors the Best Way to Invest?
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Zina Kumok
Are Robo-Advisors the Best Way to Invest?
If you‘re new to investing, robo-advisors like Betterment can be helpful. Here‘s...
Pawnshop Loans: Should You Use Them for Quick Cash?
Find out how pawnshop loans work and learn about alternatives that can get you cash or loan in a short period of time.
How to Utilize Your Relationship with Money
Are you utilizing your relationship with money to your advantage? Here's how you can turn even your negative money emotions into positive financial habits.
How to Reduce Your Liability After Your Rental Car Accident?
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Kevin Mercadante
How to Reduce Your Liability After Your Rental Car Accident?
Learn about the different options that are available if you get into...
How Your Credit Score is Affected When Rate-Shopping for New Loans
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Thomas (TJ) Porter
How Your Credit Score is Affected When Rate-Shopping for New Loans
Learn how the practice of rate-shopping affects your credit score when you're...
Should You Use a HELOC to Consolidate Debt?
Learn how you can use a home equity line of credit (HELOC) to consolidate high interest debt and compare it to other debt consolidation options.
FHA 203(k) Loan: When Does It Make Sense?
Learn how FHA 203(k) loans work for homeowners who need to borrow to pay for a home renovation, repair, or construction project.