Happy New Year from your friends at GuideVine. As we begin 2018, the economy is showing signs of growth and markets are strong. There are many reasons to be optimistic about the year ahead. But there is also major uncertainty on the horizon, not the least of which is the Read more…
It’s Financial Literacy Month, so we’ve decided to take that literally, and bring to you the nine classics of financial literature. These books have been read by millions, changed lives, gotten the seal of approval from financial experts, and set their readers on the path toward financial independence, stability, and growth.
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.
When you're working with a financial advisor to plan your financial future, you'll encounter a number of industry words and terms that might not be familiar to you. Use this glossary that defines common financial planning terms to better understand the lingo.