Savings Corner

DECEMBER 23, 2023

However, there is one crucial element that often goes overlooked in many entrepreneurs’ business plans: life insurance. It may not be the most glamorous topic. Still, when it comes to safeguarding your family, your legacy and the very future of your business, life insurance becomes an indispensable tool.

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Savings Corner

DECEMBER 23, 2023

As life happens and your needs change, you may find yourself questioning whether your current life insurance coverage is the best fit for you. If you currently have a term life insurance policy but are considering switching to permanent life insurance coverage, you may be wondering if it’s even possible to make the change.

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Savings Corner

APRIL 4, 2024

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinance example Let’s say you still owe $100,000 on your home, and it’s currently worth $400,000. That means you have $300,000 in equity. Caret Down Yes, in most cases.

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Savings Corner

APRIL 4, 2024

If you or a family member needs a procedure, treatment or long-term care that isn’t fully covered by insurance, a home equity loan could be a good way to handle the costs. Paying for college: You may find lenders who advocate paying college tuition via home equity, but this is a risky move.

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