Savings Corner

APRIL 4, 2024

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Home equity lines of credit (HELOCs) and home equity loans are two similar finance tools — methods of borrowing money against the ownership stake you have in your home. Home equity loan: What is it?

Home 52

Home Work Debt Credit 52

Savings Corner

APRIL 4, 2024

If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. If home prices drop, you could wind up owing more than your home is worth. Flexibility With a HELOC, you use the funds as you need them, then repay only what you borrowed (with interest).

Credit 40

Credit Home Debt College Tuition 40

Savings Corner

DECEMBER 25, 2023

Investing in the financial markets might sound like one of the scariest parts of managing your finances, but it’s also potentially the most rewarding. But long-term investors often see such downturns as a chance to buy stocks at a discounted price. And of course, ETFs can deliver significant returns to even novice investors.

Taxes 52

Taxes Growing Money College Tuition 52

Savings Corner

APRIL 4, 2024

To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. Our goal is to give you the best advice to help you make smart personal finance decisions.

Insurance 52

Insurance Life Insurance Homeowner Insurance Cars 52