The Only Time You Should Consider Buying A Vacation Property

I’m on record saying that buying a vacation property is a suboptimal investment. But that’s also because I bought a vacation property in 2007, right before the market really took a dive. This post will discuss the only time you should consider buying a vacation property if you insist on not taking my advice. Perhaps […]

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Everything To Know About The 529 College Savings Plan

The best gift any parent can give a child besides unconditional love is a great education. A 529 college savings plan is a solution that is designed to help families tax-efficiently save for future college costs. You contribute after tax money with the benefit of paying zero federal and state income taxes on the profits when

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Changing Jobs Or Industries? Take A Pay Cut And Swallow Your Pride

One of the funniest things I’ve come across are people who want to gain experience, but aren’t willing to sacrifice. Changing jobs or industries means you’ll likely need to take a pay cut and put in a lot of time. Several years ago, there was a lot of debate regarding employers taking advantage of their free interns. So, like

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How Much Can An Adjustable Rate Mortgage Go Up After The Fixed Period Is Over?

An adjustable rate mortgage (ARM) has an interest rate cap. This article will explore how much an ARM mortgage interest rate can go up after the introductory fixed rate period is over. In general, the average maximum ARM adjustment up during the first year is 2%. Due to the limit in how much interest rates

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