Savings Corner
APRIL 4, 2024
Key takeaways A HELOC allows you to access your home’s equity over a period of time — you can borrow exactly what you need as you need it, typically for lower rates than other forms of credit. However, HELOCs also have a variable rate, and the sense of a seemingly limitless credit line could make them risky for less-disciplined borrowers.
Family Balance Sheet
DECEMBER 29, 2020
Years ago, there was a month where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. One January, we received a very large credit card bill in the mail. I am a planner by nature, so I leaned into my spreadsheets.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Family Balance Sheet
MARCH 9, 2018
There was a month in 2013 where I hadn’t planned on a large property tax bill and I wasn’t sure where we were going to find the money. One January, we received a very large credit card bill in the mail. I am a planner by nature, so I leaned into my spreadsheets.
Savings Corner
DECEMBER 27, 2023
And if you’re renovating a space to sell products or perform services, you may need to ask local officials for a zoning change. Usually, you can qualify for a business credit card based on your personal credit score, so these can be good tools for startup financing. Hair stylists need cosmetology licenses.
Savings Corner
DECEMBER 24, 2023
Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.
Savings Corner
APRIL 4, 2024
HELOCs (home equity lines of credit) come with variable interest rates and fluctuating monthly payments (like credit cards). 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. HELOC: What is it?
Family Balance Sheet
JUNE 4, 2015
The building offered so much potential, but needed a lot of work and we set out to renovate our dream office. The business softened, renovations were more costly than expected, and we were now the owners of two mortgages, our home and our business. We were excited to cross this accomplishment off our bucket list.
Expert insights. Personalized for you.
40 
Let's personalize your content