Dollars & Sense, Page 9

What’s a Good Use for a HELOC?

January 19th, 2016

When you take out a second mortgage, a name for a home equity line of credit, you’re offering your house as collateral to secure another loan. The upside: You can gain access to up to 85% of your home’s value, minus your current mortgage balance and adjusted based on your creditworthiness.

Think Hard Before Tapping Your 401(k) Balance

January 12th, 2016

One of the features that make 401(k) plans so attractive is that your money is not completely out of reach should an emergency need arise.

The Best Money Moves for Students in March

February 28th, 2015

In March, you can kiss winter goodbye and say hello to daydreams of spring break and longer days of sunshine. Before you get ahead of yourself, though, do a few things to spruce up your finances.

Risks of Amateur Trustees

February 25th, 2015

More and more affluent families are turning to trust-based solutions for their wealth management and inheritance problems. However, a trust is only as good as its trustee.