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Should You Accept Family Money?

Prairie Eco-Thrifter

If you understand why your parents are offering support, you may make a better decision on whether or not to accept it. They may be offering it for their own benefit, more than yours. Parental pride in ‘my daughter the doctor’ may play a role in their desire to fund at least part of school expenses.

Money 124
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Buying a Home With the Help of Mortgage Insurance

Prairie Eco-Thrifter

In addition, there are tax benefits for both first-time and seasoned homeowners. Genworth Financial for example, offers job loss protection so that you can continue to make mortgage payments if you lose your job. In this economy, unfortunately, it may be the only way to prevent foreclosure.

Insurance 185
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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Knowing I had the financial backing to live through negative life events (divorce, job loss, catastrophe, etc) removed a level of stress from my life. You may worry about what your heirs would do with your hard earned millions. How can you best protect it from evaporating into the tax systems?

Money 247