Personal finance

The many problems we face

Hope everyone had a wonderful Thanksgiving. How do you know you’ve eaten too much this holiday season? You have to take out your bathrobe. The Build Back Better Act, the Human Infrastructure Bill, the Reconciliation Bill, whatever you like, is still in the news. Am I the only one who wants Congress to pass it […]

Personal finance

3 people who shouldn’t invest in a retirement account | Personal finance

(Kailey Hagen) Saving for retirement is a big job, which is why most people work there as soon as they can. Even in the best-case scenario, it may take three to four decades to invest some of your paychecks to get the cash you need. Setting a monthly savings goal and putting your funds into […]

Personal finance

Mortgage Rates Today Jump Over 3.6% | November 24, 2021 | Personal finance

Mortgage rates fell through 2020. Millions of homeowners responded to low mortgage rates by refinancing existing loans and taking out new ones. Many people have bought homes that they might not have been able to afford if the rates were higher. In January 2021, rates briefly fell to all-time low levels, but tended to rise […]

Personal finance

Five rules to follow when it comes to personal finance

There are a few rules of thumb that can help your finances in general. Rules of thumb may not always give you an accurate picture, but can point you in the right direction as these are usually proven processes. It is something that is easy to learn, remember and apply. “Rules of thumb help streamline […]

Personal finance

25 years in schools, part 2

In the last column, I set out my story and the story of CARE’s national financial literacy program, which I founded, in our fight against our national financial illiteracy epidemic. I have also included some quotes from students and Tammy Franz after a recent visit to the Canandaigua Academy. Before I leave the CARE high […]

Personal finance

Mortgage Rates Today Are Going Down | November 19, 2021 | Personal finance

Mortgage rates fell through 2020. Millions of homeowners responded to low mortgage rates by refinancing existing loans and taking out new ones. Many people have bought homes that they might not have been able to afford if the rates were higher. In January 2021, rates briefly fell to all-time lows, but tended to rise throughout […]

Personal finance

Today’s Mortgage Rates Check Lower | November 18, 2021 | Smart change: personal finance

Mortgage rates fell through 2020. Millions of homeowners responded to low mortgage rates by refinancing existing loans and taking out new ones. Many people have bought homes that they might not have been able to afford if the rates were higher. In January 2021, rates briefly fell to all-time lows, but tended to rise throughout […]

Personal finance

6 personal finance rules you can break during a crisis

There are specific rules in life that you should never break under any circumstances. For example, bringing uninvited guests to a wedding or not picking up your dog’s droppings in the park. The same goes for putting fruit on a pizza or crossing streams if you’ve ever dreamed of becoming a Ghostbuster. There are rules […]

Personal finance

Should You Refinance Your Student Loans Before Federal Payments Restart? | Personal finance

Private lenders offer certain protections, but they are neither guaranteed nor standardized. This means that if a borrower refinances their federal student loans with a private lender and later experiences financial difficulty, they will likely be stuck with payments and could end up defaulting. Who should refinance now? Borrowers like Frey, however, are ideal candidates […]