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Family Office Manager

Family Balance Sheet

While Susan did not work outside of the home, she treated her role as the family office manager as a job and helped her family achieve financial independence over the course of her marriage. We have been in our home for over 20 years and I’ve refinanced for better rates at least five times, mostly for free.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. The interest paid on the loan might be tax-deductible if the funds are used to upgrade your home. You’ll get all of the loan proceeds at closing and can spend them however you see fit.

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Pros and Cons of Paying Off Your Mortgage Early

Prairie Eco-Thrifter

Of course, they recommend allocating only 25% of your income to a mortgage but we all know how people love to stretch this out, so they can have a bigger house in a better neighborhood. Each household is different, of course, so you must make your own decisions, based on your unique situation. Here’s what you.

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Best Way to Consolidate Debt Without Hurting Credit – Smart Money Moves For Moms

Penny Pinchin' Mom

This means taking all or most of your loans and then refinancing them into a single loan held by one lender, making it easier and often cheaper to pay off. Not only will your house act as security for the loan, but you can even use this loan to get some tax benefits, provided you use some of that money to improve your home.

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