Posts Tagged ‘assets’

If you’re shopping for a car, you’ll have a few different options. You might be faced with the option to use the cash you have saved up as a down payment for a pricier car, or to settle for a less expensive car, but without the car loan. Some advantages of purchasing a car in […]

  Before getting married, some couples will have a written agreement drawn up that is known as a prenuptial agreement. This legal document includes specific provisions and other terms in case the couple should ever decide to end their marriage. For the most part, prenuptial agreements are designed to protect the financial interests of one […]

While bankruptcy can certainly be a good solution for some people, it is also important to consider the negative repercussions and disadvantages before making any final decisions: Possible increase in insurance premiums This will vary by an insurance carrier’s terms and conditions, plus the state the filer resides in—but those declaring bankruptcy just might see […]

Consumers in debt will sometimes turn to bankruptcy as a way to start fresh and with a clean slate. While bankruptcy can certainly be a good solution for some people, it is also important to consider the negative repercussions and disadvantages before making any final decisions:  Ruined credit Perhaps one of the biggest drawbacks that […]

If you’ve been working towards an early retirement and wondering if it’s finally time, the following are some signs that you might just be financially prepared: You’ve eliminated all your debt If you still have loans and credit card debt, you might want to re-consider an early retirement. When you’re no longer working and you […]

Although the average retirement age is currently 62, that doesn’t necessarily mean you can’t quit working and retire comfortably much sooner than that. If you’ve been working towards an early retirement and wondering if it’s finally time, the following are some signs that you might just be financially prepared: Health insurance Make sure you already […]

When you take out a loan against the value that is in your home, it is known as a home equity loan. Because you are borrowing against this equity, your home is used as collateral in case you should fall behind on the payments. Many people turn to these types of loans if they hit […]