How to Manage Your Personal Loan
Savings Corner
DECEMBER 27, 2023
It can be psychological, says Tess Downing, a San Antonio-based financial planner. When Downing took a home equity loan to build a pool at her home, she says she kept the loan money in a separate bank account so when the first payment came due — 25% of the project’s cost, Downing says — her everyday checking account didn’t take the hit.
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