Northern Poconos Real Estate News
Of the many expenses associated with having a child, saving for their college education is a huge undertaking. Whether you’ve committed to paying their way entirely or helping out in some capacity, ideally, saving for college is something parents should have started as soon as their kid was born. Whether you’ve done that or not, here are some ways to save for your kid to go to college:
Set Up a 529 PlanThis can be done before your child is born. A 529 plan is a college savings plan set up by ea...
No matter what you’re saving for, having some extra breathing room in your budget is important. Whether you’re putting money away for a down payment or a new car—or looking to build an emergency fund that can get you out of a financial jam—we could all use a little extra cash in our pocket.
While saving a chunk of change can seem daunting if you’re just getting started, setting money aside can make life easier. Here are some simple ways to get some extra money for whatever your savings goal is:
Have you ever made a purchase that has thrown your monthly budget off-kilter? Or maybe you’ve put financial restrictions on yourself that push you away from spending on things that bring you joy. The phrase “treat yourself” has been trending for a while, and the good news is there’s some benefit to it!
Placing money in your budget for splurges is important, but setting aside too little or too much can set you off the path of your financial goals. Here’s your guide to budgeting for the occasiona...
Let’s be honest: Spending money can sometimes be too easy for our own good. With a few purchases here, a few purchases there, bills and receipts add up quickly, and before we know it–poof!–it seems like our money has disappeared.
Only it wasn’t a magic trick; it was likely a lack of self-control, financial awareness, or both. If you find this disappearing act happening often or simply want to start saving more money, try these nine tips from American Consumer Credit Counseling to help you reig...
Whether you want to save for retirement, your children’s college education, a house purchase or a dream vacation, you’ll need dedication and time. For many people, the temptation to spend money on things they want or need now, or the belief that saving a large sum of money is too difficult or impossible, keeps them from reaching their goals. Automatically transferring funds to separate accounts for long-term priorities can make saving easier.
Why Saving Automatically WorksMany people find that...
Buying a home is, perhaps, one of the most personal transactions you’ll ever undertake. How, then, can you help someone else find the home that’s just right for them—especially if they are unable to help with in-person input? Whether you’re helping your elderly parents relocate to a retirement community or helping an out-of-town friend relocate to your area, you’ll need to keep in mind some strategies for keeping the lines of communication open all the way to the closing table.
Define your leve...
One of the most common refrains that has come out of the very hot 2020 real estate market is the message that this is a perfect time to sell a home. Record low interest rates combined with a low inventory market and a shortened spring market means that demand is high and, in many areas, homes are selling for prices well above asking with multiple offers.
Of course, the other side of that equation is that the homeowners who are selling those homes may be unsure about how and where to find a new...
