Are You a HENRY?

The investing information provided on this page is for educational purposes only.  No, we’re not asking your name. And we promise we’re not trying to offend you. HENRY isn’t an insult; it’s a nickname given to a certain demographic in the personal finance world. If...

You’re Retired and Need Cash— Is a HELOC the Answer?

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that equity could be a lifeline. Back in 1995, the typical home cost $114,600. Today’s median sale price is nearly $400,000, according to the National...

How to Stop Obsessing About Money

Creating a financial plan can help bring the focus back to things you can control. A Reddit user recently asked for advice on ways to stop thinking about money nonstop. It’s hard, the user explained, to avoid fixating on personal finances. Comparing yourself to others...

How to Cut Spending Without Cutting Out Small Businesses

Rethink your budget and change your shopping habits to make room for small businesses. It’s a challenging time for small businesses. A majority of small businesses – 59% — cited financial uncertainty as the biggest challenge they’re facing. Business owners were...

6 Ways to Reduce Financial Stress During Uncertain Times

Stress related to money is pervasive, but there are ways to handle it. When the economy feels uncertain, it’s easy to let that sense of unease slip into your personal finances. But there are strategies that can help you maintain a sense of control over your own money...

Weekly Mortgage Rates Creep Up; Are Lower Home Prices Coming?

Mortgage rates remain stubbornly high, but home prices are in flux. Weekly mortgage rates continued to inch upwards for the third consecutive week. The average rate on a 30-year fixed-rate mortgage went up three basis points to 7.04% in the week ending May 22,...