How the Pandemic Has Fueled a "She-Cession"
In 2019 the onset of COVID-19 has spurred a recession in America, which some are referring to as a "she-cession." Here's why some women may have been hit harder financially during 2020's economic downturn.
The Texas Freeze-out and other emergencies: Protecting yourself in the age of natural disasters
Wildfires in California last summer, record numbers of tropical storms, freak blizzards and the Texas freeze-out in February 2021: It sure seems like there are a lot more natural disasters and emergencies than there used to be. And there are. According to NOAA, a record number of billion-dollar disasters struck the U.S. in 2020, reflecting a longer-term trend.
More Stimulus Checks Are Coming: Here's the Scoop
Many Americans will be receiving third stimulus checks soon. Discover if you're eligible and get your biggest questions answered in this in-depth guide.
Fixed vs. adjustable: What is the lowest cost mortgage?
More concerning is refinancing several times into another 30-year mortgage. Mortgages are expensive because interest is charged over a long period of time and homeowners do not stay in their homes for 30 years. According to the National Association of Realtors®, the median duration of homeownership in the US is 13 years[1] as of 2018. So, the idea of locking in a low rate may be appealing but, the reality is that most Americans are starting their mortgages over again before they are even half way through paying it off.
4 Reasons a Roth IRA Conversion Might Not Make Sense
When is a Robo adviser not enough?
In the last few years, a new type of financial services company has emerged, the fintech company. These companies are trying to use technology to automate, simplify and improve investing.