Making Sense of MortgagesClosing costs, PMI, ARM, escrow... figuring out what makes up your mortgage can be complicated. With so many factors to consider, how do you make sense of it all? Well, you can start by breaking down some of the most common terms and considerations you'll come across, which is exactly what we'll do here.Taxes and insuranceHere's…
Family Budgeting with CouponsAdulting is hard, even when it's filled with great things. Nothing brought me to that sense faster than having $36,000 in student loan debt and working my dream job while being newly married, a new homeowner, and – the cherry on top – having a…
So, you're thinking about getting a furry friend...Owning a pet has many benefits, like a decrease in stress and depression, as well as having a best friend. While a cat or dog can be a great companion, it's important to keep in mind the costs of adopting and owning. Consider these costs before making the big decision to adopt or buy. Should I adopt or buy?Adopting…
I learned the hard way.I didn't quite realize what student loans entailed and learned so many things along the way that I wish I knew beforehand. I'm here to tell you all the things I wish I knew, so that hopefully you don't go through what I did. Planning to go to college? Face it – you'll probably have student loans...For you to pay for your college years, you'll…
Looking to renovate the kitchen, consolidate expenses, or take an epic vacation? Been in your home for a while? If so, a home equity line of credit, or HELOC, unlocks the value of your investment in ways other financial products can't.Apply Now You Only Pay for What You UseA …
Do I Need an Estate Plan?Even if you don't create an estate plan, your state has a contingency – but you may not like it!If you don't create an estate plan, your state will.The law of intestate succession is your state's default estate plan for those who fail to plan ahead. In the event of your death, a court will distribute your property according to the laws of your…
A Will is Not the Only WayToday marks the largest intergenerational wealth transfer in history, with $30 trillion in assets projected to pass from baby boomers to their heirs in the United States alone. Yet 60% of American adults don't have an estate plan. Plan ahead for the possibility of incapacity with a Revocable Living Trust.We know that while you can't predict the future, you can…
An important document that everyone should consider as part of their estate planning is a power of attorney. This is a legal document that gives another adult person – or even a Trust Department like at Visions – the authority to act on your behalf and make decisions regarding your money or property. Most often used in the event of illness or incapacity, a power of attorney…
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