Personal Finance

Cutting expenses means spending less money on your monthly bills and purchases to free up cash for savings or other priorities. Instead of the typical advice to cut everything and live like a monk, I believe you should cut ruthlessly on things you don’t care about so you can spend extravagantly on things you love. […]

Refinancing your mortgage typically incurs closing costs ranging from 2-6% of your new loan amount. That means if you’re refinancing a $300,000 mortgage, you’ll be looking at fees ranging from $6,000 to $18,000. Yes, that’s a huge range, and yes, most lenders bury these costs in fine print, hoping you won’t notice. What Refinancing Actually […]

Reverse budgeting is done by saving money first, then spending what’s left without tracking anything. Set up automatic transfers the day after your paycheck hits to move 10-20% into savings before you can spend it. Everything remaining in your checking account is yours to spend guilt-free on bills, groceries, and whatever matters to you. . […]

A co-borrower applies for a loan alongside you, sharing ownership and equal responsibility for payments. A cosigner backs your loan to help you qualify but gets no ownership rights. Choose co-borrowing when you’re building something together with a spouse or partner. Choose cosigning when someone is temporarily helping you qualify for something you’ll own and […]