Hope for your financial life and beyond

Refinance Your Mortgage Now While Rates Are Still Historically Low

A home purchase is one of the most exciting and expensive financial transactions a person will make. Because homes cost so much, most people choose to buy one by getting a mortgage. They borrow money from a lender at an agreed upon interest rate for a designated length of time. When the loan is paid off, the house is legally theirs.

refinanceThe rate lenders charge for interest on a mortgage does not stay the same. They fluctuate, sometimes even from day to day. Because they can change frequently, Person A may end up getting a lower rate than Person B. It seems unfair that one person could get a better rate and save money just because they had better timing on their home purchase.

That’s where refinancing comes in to play. If done properly, it can end up saving homeowner’s money in the long run.

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Choosing the Right College Starts by Answering These Questions

choosing a college

Choosing a college at 18 years of age presents a daunting challenge. For most high school students, the decision represents the most difficult one they’ve ever made. With so many choices, it’s easy to lose a few hours of sleep trying to sort it all … [Continue reading]

How to Price Your eBook

Have you ever thought of writing an eBook? I've toyed with the idea recently. After all these years, I've got a lot of content on this site to draw from. An eBook is an electronic version of your writing, thus giving you the option to avoid … [Continue reading]

How to Make a Will and Protect Those You Love

Today I’m going to talk about a personal finance related topic that many people ignore – how to make a will. In fact, this topic is more avoided than you think. A recent survey at Caring.com showed that only 42% of Americans have estate planning … [Continue reading]

Emergency Fund Basics: The Step On Which All Other Success Is Built

emergency fund

If you are just getting started with the “getting-my-financial-act-together” bit, you might not know where to begin. Have I got good news for you. It's time to cut through all the clutter and for you to realize one important truth. The first step to … [Continue reading]

This Is the First Step to a New You This Year

You don’t remember your first day on this earth. You can’t recall how fast the car drove to the hospital, the anxiety of the adults who were with you or the physical pain that one of them had to endure. But eventually there you were - a new you – … [Continue reading]

How Your Gifts Are Also Fit for a King (Matthew 2:11)

three wise men

If you could give a gift fit for a king what would it be? You may think you would have nothing to offer such an important person. I'd suggest though, that no matter what your personal or financial status, you always have something to offer. I base … [Continue reading]

Sinking Fund: The Best Way to Save Money for Christmas Gifts

Ten years ago my wife and I hated Christmas shopping. Sure it take enormous amounts of time and energy. But more than that, it played havoc on our December monthly budget. We'd have to come up with money for Christmas gifts out of nowhere while still … [Continue reading]

How to Easily Protect Yourself When Giving to Charities

Are you someone who loves giving to charities? My wife and I sure do. We make it a practice to give at various times during the year. But our interest really peaks during the holidays of Thanksgiving and Christmas. There are so many charitable … [Continue reading]

4 Basic Strategies for Retirement Planning Everyone Should Know

retirement planning

The retirement years are one of the most rewarding and also potentially delicate phases of life. People experience many joys in their later years. However, they may also have to endure diminishing physical strength, slowing of mental faculties and … [Continue reading]

The Ultimate Beginner’s Guide to Investing Money the Right Way

investing money

Success in our personal financial life is something we all desire. What that financial success looks like is different for each situation. However, there is one undeniable truth that applies to all of us when thinking about how to achieve our … [Continue reading]