According to the Employee Benefit Research Institute’s latest study on borrowing, more than 20% of participants have outstanding loans from their retirement plans.
You may think your credit report is perfect because you have never been late or missed any of your loan payments, but recent studies have shown that perhaps as many as 50% of all credit reports have errors in them.
We all do some really dumb things when it comes to our money, but sometimes it’s not what we do…it’s what we don’t do.
Almost 50% of Massachusetts residents have an emergency fund that will last them 3 months according to a study done by FINRA’s Investor Education Foundation.
Most investors don’t even realize they are in the wrong type of investment until it’s too late.
Ask any 65-year-old what they would have done differently and 90% will tell you that they should have started saving sooner!
I know the temptation is there, but using your home as collateral puts you at risk of losing your home!
I don’t know anyone who doesn’t have at least one money regret.
We have all done dumb things with our money at one time or another.
Let’s discuss your discretionary expenses. This is stuff you have more control over than a fixed mortgage payment.