Category Archives: Smart About Money

Smart About Money: College students should avoid credit cards … here’s why

A few weeks ago, a customer emailed to ask if I would consider writing a column about the pitfalls of credit cards for young people, especially college students. He said he had a feeling his kids weren’t hearing him and he thought they might get the message if they saw it in the paper.

Continue reading Smart About Money: College students should avoid credit cards … here’s why

Smart About Money: She did everything right – it is possible!

A customer recently made an appointment to speak with me. A woman in her 70s, she had a home equity line with a big national bank and she’d used it wisely for many years.

Her home equity line was coming up for renewal in 2019 and the interest rate was going to be increasing quite a bit. That concerned her. She had done some research and her grasp of both her situation and her options was excellent.

Continue reading Smart About Money: She did everything right – it is possible!

Smart About Money: How to get a good Home Equity Line of Credit

Most homeowners think it’s going to be pretty easy to qualify for a home equity line of credit – and generally it is. You already have a home. You probably already have qualified for a mortgage. As long as you have equity in your home and you have maintained your credit rating/scores, you should expect to be approved for a home equity line.

Continue reading Smart About Money: How to get a good Home Equity Line of Credit