When you are planning for your retirement, you will want to take into consideration worst case scenarios. Market volatility can lead to you not having enough money to cover your basic expenses. To make sure that you do not run out of money and are forced to return to work, move out of the home you love or substantially lower your standard of living, you will need a retirement strategy for an uncertain future.
When you get arrested, you are often allowed to leave before your trial. In some cases, you don't even need to pay bail, but if you do, it can get expensive. Check out these three common ways you can pay for bail.
Cash, of course, is the easiest way to pay your bail. You may be able to pay the bail yourself if the courts allow it, and if you have enough money.
Coming up with the cash needed to earn that 20% down payment for a home is increasingly becoming difficult. As home prices increase steadily, more than 30% during the past five years. Thus, 20% down payment could actually mean at least $40,000 for a median home or at least $100,000 for a home in the high-cost metropolitan areas. However, if you can pay less than the optimal 20% down payment, your mortgage may be slightly out of reach.
If you're looking to save money on your car note, refinancing your auto loan is a good way to go about it. Not only can you score a lower interest rate, but you may be able to reduce your monthly payments by essentially stretching the balance on your account out for another five or so years. However, not every loan will be eligible for refinancing. Here are a couple of things lenders look at when deciding whether to approve an application for vehicle refinancing.
If you know that you want to buy a house in the next year or sooner, then there are things you need to do in order to ensure you are able to get the best home mortgage possible. To help get you started, here are some industry insider tips:
Tip: Pull All Three of Your Credit Reports
As soon as you know that you want to buy a house, you need to pull all of your credit reports.