Finances 101

September 16, 2019
What is private mortgage insurance?

If you get a conventional loan and make a down payment of less than 20 percent of the home price, you are required to purchase private mortgage insurance (PMI). PMI protects the lender (not you) in case you fail to make your mortgage payments. Banks, savings associations, credit unions, and mortgage companies make conventional loans…

July 22, 2019
Thinking About an MLM Side-Hustle? Read This First.

How many times has a friend or family member tried to sell a product or recruit you to sell a product or service? If this sounds familiar, they’re most likely involved with a multi-level marketing company. What is multi-level marketing? A multi-level marketing company, or “MLM,” is a common strategy for regular folks to run…

April 29, 2019
Keep It in the Family: How to Pass on Money and Assets to Family Members

Creating a plan for how you will pass on money or other assets (anything you own) is called estate planning. Many people think that if they don’t have a lot of money or assets (like homes, cars, and jewelry), they don’t have an “estate.” But the fact is we all have an estate. How you…

July 03, 2019
Teaching Your Kids to Save Money

Think about the lessons you learned about money. How do the messages you heard in your early years impact th...