Maybe you’ve owned a home for years, or you’ve just left your parent’s home and are looking to get onto the property ladder. Either way, getting the deposit ready for purchasing your dream home is no easy task. For most people, buying a home is the largest purchase they will ever make in their lives,
After the age of 60 or 65, many people think that life insurance is an expense of the past. Not only are most people able to cover basic funeral expenses at that time, but they’re usually more financially stable. In some events, people begin paying into funeral planning so their family simply won’t have the
Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are transferred seamlessly to your heirs upon your death. A successful estate plan also includes provisions allowing your family members to access or
Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age 70, researchers tell us. That’s how otherwise smart older people fall for sweepstakes frauds, Nigerian investment schemes and the grandparent scam, where con artists pretend to be grandchildren in a financial jam. But few people want to hear that they’re
Recently, The Atlantic published a tremendously powerful article by Alana Semuels entitled This Is What Life Without Retirement Savings Looks Like, which is well worth reading for anyone who is hedging their bets on the question of whether to save for retirement at all or whether to save more for retirement. It opens with the
If your mortgage application is a little bit weak, and you’re having difficulty getting approved, adding a cosigner to your mortgage could save the day. It won’t work in all situations, but it does in most. It’s a common arrangement, particularly with first-time homebuyers, who may have fair credit and/or a less than perfect employment