Help! I’m Trapped in a House I Can’t Afford to Sell

Mortgages

Help! I’m Trapped in a House I Can’t Afford to Sell

Help! I’m Trapped in a House I Can’t Afford to Sell

Eddie would like to to sell his home, but like millions of Americans, the widely touted housing recovery hasn’t fully reached his North Akron, Ohio, neighborhood. He owes about $60,000 on his mortgage and the two experienced real estate agents he consulted put the value of his home at somewhere around $58,000 to $59,000. Even… Read More

When NOT to File an Insurance Claim

Personal Finance

When NOT to File an Insurance Claim

When NOT to File an Insurance Claim

One of the main reasons for having insurance is to offset risk, especially major risks and losses. We pay many insurance premiums throughout our lives to various carriers for a multitude of different risks. When a possible claim occurs, an initial thought might be “I am finally cashing in on some of those premiums!” You… Read More

9 Summer Scams & How You Can Avoid Them

Identity Theft

9 Summer Scams & How You Can Avoid Them

9 Summer Scams & How You Can Avoid Them

Summer is a time for sun, fun, exploration and relaxation. Unfortunately, as we unwind there are those who gear up to take advantage of our moments of diversion and distraction. Scammers love summer, too. Here are a few summer scams that can turn a much-needed break from work into a break-the-bank moment or make for… Read More

Help! My Online Order Never Arrived & I Can’t Get a Refund

Personal Finance

Help! My Online Order Never Arrived & I Can’t Get a Refund

Help! My Online Order Never Arrived & I Can’t Get a Refund

Question: I ordered a cordless phone system and memory card from Target.com. After a couple of weeks passed, I checked the status of the order and the tracking information showed that it was delivered to the post office in my neighborhood. When I placed the order, I was under the impression that the order would… Read More

Interest-Only Mortgages Are Back … Should We Be Afraid?

Mortgages

Interest-Only Mortgages Are Back … Should We Be Afraid?

Interest-Only Mortgages Are Back … Should We Be Afraid?

Even if you don’t know much about home loans, you’ve probably heard of interest-only mortgages, if only because they played a large role in the financial crisis of 2008 and 2009. These loans practically disappeared during the recession but have since started to make a comeback, but that’s not necessarily something to be concerned about…. Read More

5 Ways Complacency Can Cost You Serious Money

Personal Finance

5 Ways Complacency Can Cost You Serious Money

5 Ways Complacency Can Cost You Serious Money

“Whatever you do, don’t become complacent to your surroundings.” That was a warning that we all received prior to being deployed to Iraq in 2005. We heard it from our pre-deployment trainers. We heard it from our higher-ranking officers. We even heard it from our family. Don’t become complacent to your surroundings. The second part… Read More

Is Your Pride Costing You Money?

Personal Finance

Is Your Pride Costing You Money?

Is Your Pride Costing You Money?

You probably think you make decisions based on what makes you happy and what is the smart, responsible move. It turns out there are several factors that can blur your logical skills. Pride can often be one of them. Check out some of the ways pride can sabotage your success and how to overcome the… Read More

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