Are you considering applying for a home equity line of credit? Home equity lines of credit, commonly referred to as HELOCs, represent an attractive type of financing that homeowners may decide to take advantage of for a variety of different reasons. HELOCs are commonly used to finance home improvements, to pay off expensive credit card debt,
It’s easy to underestimate what you need to set aside in an emergency fund. A dual-income household with reliable cash flow should keep at least three months’ worth of living expenses in a savings account or short-term certificates of deposit. But if you are the sole provider, have an irregular income or face steep child-care
If you’re a homeowner or aiming to be one someday soon, you probably know that having home equity is a good thing. However, beyond that, many people start to lose track. That’s why we’ve taken it upon ourselves to solve the mystery of home equity once and for all. Read on to learn what it
Caring for aging parents is something you hope you can handle when the time comes, but it’s the last thing you want to think about. Whether the time is now or somewhere down the road, there are steps you can take to make your life—and their lives, too—a little easier. It’s time for a chat
January 2019 is a month that will go down in Chicago history. Record-breaking low temperatures struck the Midwest, and even Chicagoans—known for their tough resistance to severe winters—were not immune to the frigid temps. It felt like the entire city and surrounding suburbs shut down, bracing ourselves for windchills in the -50s. Chicago gave in
There’s nothing more satisfying than paying off a loan and closing a debt chapter of your life. At the same time, sometimes paying off debt requires a strategic approach, which can make it difficult for you to determine in what order you should tackle your debts. With that in mind, here’s what I know about