If you’ve received increased monthly mortgage payments from your lender this year, you’re not alone! Homeowners nationwide are facing higher payments this year due to escrow shortages. A typical mortgage payment allocates a portion to an escrow account for future
I have been using sinking funds for years without even realizing it! Though I am familiar with the concept of an emergency fund, I have only recently learned of the term “sinking fund.” A sinking fund is one of the
If you’ve noticed your bills creeping up lately, you’re not alone! Summer can easily lead to increased spending. Even with planned expenses for vacations, dining out, and other summer activities, additional costs can sneak up on you. Electricity bills, for
If you are still keeping your savings in a standard bank account, then it’s time to level up! Stop losing out on easy money. Take your dollar bills and put them in a high yield savings account! A high yield
An emergency fund is one of the most important components to have in your financial plan and yet so many people don’t have one. This surprises me because an adequate emergency fund provides security and peace of mind. It is
I have to say that I really love High Yield Savings Accounts. Liann and I have had them for a year and a half now and I can say that we will always have them. I wish I had taken
If you had $10,000 to invest, how would you invest it? Liann and I revisit this question every so often because it’s a good mental exercise that is indicative of your financial mindset. Why $10,000? It is an amount of