Category: Financial Planning

Comment on Is accident insurance worth it for my kids who play sports by Ben Miller

I’m evaluating options at my job for insurance and an optional insurance offering is accident insurance. I’m looking at this for my kids who play sports in school...

Comment on Why do people buy insurance even if they have the means to overcome the loss? by Havoc P

Insurance companies are businesses and their goal is to make money. It follows that if you are neither lucky nor unlucky, you will end up in the long run losing money by...

Comment on Should I continue putting additional money towards principal of mortgage? by Acccumulation

I have been putting extra money toward the principal of my mortgage since we purchased our home last summer. However, due to circumstances, I have reason to believe we...

Comment on Make 100k, how much mortgage can I get in NYC? by D Stanley

I make a little over 100k a year in nyc as a programmer and have 200k saved up. I’m looking to get a mortgage to buy a condo in lower Manhattan sometime in 2019-2020....

Comment on Can lenders legally reopen accounts without permission from all parties? by Pete B.

I recently closed a credit card account that I possessed with an ex-spouse. My concern is that the aforementioned ex will have the ability to reopen the account with my...

Comment on Double-entry accounting: how to keep track of mortgage installments as expenses? by bob

Context: I am new to double-entry accounting, I use GnuCash for my personal family bookkeeping. At the moment, the main goal for me is to keep track of incomes/expenses...

Comment on Authorized user on Lowe’s credit card (only credit history besides phone bill) how will this affect me when applying for an auto loan? by Jared

I’m 18 with a credit score of ~719. My grandfather added me on his Lowe’s credit card ($8,000 limit). He’s had this credit card for over two years and it shows up...

Suggestions Of Other Options Besides Personal Bankruptcy

Personal bankruptcy is a tool that allows people to make a fresh start in their financial lives, freed from the burden of creditors calling and large debts hanging over...

Things You Must Have In Order Before Filing Bankruptcy

One of the most difficult financial decisions a person may have to make in their life is to decide to file for personal bankruptcy. With such a big decision, you should...

Shedding Light On The Steps For Bankruptcy

Bankruptcy is not something people like to talk about, but if it something you have to consider, you need solid advice. The following article was written to help people...