Real Estate

How Much House Can You Afford?

Learning your credit score and securing a solid down payment are two steps in the right direction to buying a house. But calculating how much you can afford also depends on: (1) How much you want to finance, (2) Your debt to income ratio, (3) What you are willing and able to pay every month over what period of time. In addition to shaping your budget, these factors inform whether you should choose a standard 30-year loan or a 15-year loan with higher payments but less interest.

By Alden Wicker, ago
Family Finances

Four Ways to Tell if You’re Saving Enough

One of the main questions people have about their money is whether they are saving enough. But what does “saving enough” really mean? The answer, of course depends on your lifestyle, goals and many other things. However, there are four questions to ask yourself to find out if your savings are close to what you want, or need, them to be.

By Alden Wicker, ago
Family Finances

What Is Life Insurance, and Should I Get It?

“Life” insurance is sort of a misnomer. Other insurances like car insurance or home insurance help replace something so you can move on with your life. But of course, you cannot replace a life, so it really should be called “household income” insurance. And that’s what life insurance is really about – if something happens to an earner in your family, life insurance steps in to fill part or all the financial gap created by their untimely passing.

By Alden Wicker, ago
Financial Advisors

Should Your Financial Advisor Be Local?

There are so many things to consider when choosing a financial advisor including what services do they offer, how do they charge and do you get along with them. Should location matter? While technology has made it easier to work with someone across the country, what's right for you hinges on four factors.

By Alden Wicker, ago