Monthly Archives: July 2019

Smart About Money: Should people be required to have cash reserves?

Personal finance expert Suze Orman often speaks about the importance of “expecting the unexpected,” and she’s right.

Of course, sometimes people face disasters no one could have seen coming or planned for. But things such as higher property tax bills, “emergency” dental surgery, significant veterinarian bills for pet operations and car repairs are among the common “unexpected” expenses everyone runs into sooner or later.

Continue reading Smart About Money: Should people be required to have cash reserves?

How to avoid becoming a victim of a “Mortgage Closing Scam”

There are a couple of things you get accustomed to very quickly when you’re getting a mortgage for a new home or refinancing your current mortgage. Even if you’re “just” getting a home equity line. You have to provide a lot of information that you are usually urged to keep private. And you have to sign a lot of documents.

Continue reading How to avoid becoming a victim of a “Mortgage Closing Scam”