You found the perfect home, it fits your budget, and you’re ready to put in an offer the seller can’t refuse.
But it’s not as simple as offering a fair price. Low-interest rates and high demand for homes in some areas create a seller’s market. And with more competition among buyers, it’s common for sellers to get multiple offers at once.
So, how can you make your offer shine — without paying too much?
Price matters, but sellers usually have other motivations too.
For some, a fast closing is a priority. Others have an emotional attachment to their home and want it left in good hands. …
Personal finance management information is everywhere. You can read about how to manage your money almost anywhere on the internet these days. They write books about it. In fact, a lot of them are best sellers.
If the opportunity to learn how to manage your finances is so accessible, why are North American household debt levels the highest they’ve ever been? Why do we carry debt?
Personally, I’ve been there. I managed to spend $100,000 of money I didn’t have in one year, all on credit.
The worst part for me is I’m a Chartered Professional Accountant, a money expert. I’ve been working with people for over 20 years, teaching them how to manage their money. …
As the weather turns colder and the daylight becomes shorter, you may be busy planning for the holiday season. But something else worth focusing your attention on during this season is your finances.
Like your physical health, your financial health needs a check-up at least annually.
Before the year that’s been like no other winds down, take some time to check in on your financial matters.
Review the important items listed below to maintain or improve your financial wellness for the next year and beyond.
A great place to begin is looking back over the year and assessing how well you stuck to your financial plans. …
When people receive notices identifying them as a class member in a class-action lawsuit, they might not fully understand what that means.
These types of notices generally include basic information about the litigation and provide you with a choice to opt-out.
When you’re trying to decide whether to join or file a class-action lawsuit, it’s a good idea to understand the advantages and disadvantages of these kinds of claims.
A class-action lawsuit is brought by one or several plaintiffs on behalf of a class for which the members share similar injuries.
These lawsuits are filed against defendants who’ve caused shared harms because of their actions or failures to act. …
Each year, one of every 20 households file insurance claims due to theft, fire, wind, and water damage. In 2019, losses from natural disasters topped $25 billion, and 2020 is shaping up to outpace that number.
It’s not something anyone likes to think about, but it can and does happen. And after going through a traumatic event, it’s stressful and bewildering to remember all your lost possessions.
That’s why a home inventory is a lifesaver if you experience an unfortunate event such as a fire, storm, or theft.
In this article, we’ll cover why you need a home inventory and how to create one, including how to document your home inventory, what information to include, and tips for getting started. …
The coronavirus pandemic has wreaked havoc on the financial situation of this country and its people.
The effect is felt most by the economic impacts of shutdowns and other various restrictive measures. But another casualty of the pandemic quietly added another financial blow for many Americans.
As cases continued to climb around the country, remote learning became necessary to keep kids, teachers, and families safe. And help curb the transmission of the virus.
Unfortunately, however, attempts to slow the spread via distance learning have become the lesser of two evils, with the other being the educational and financial impact on students and families. …
If you look around you, it might seem crazy not to be buying a house right now. In parts of the country, people are in bidding wars, homes fly off the market, and house prices are rapidly increasing.
But real estate is not always a good investment, and it’s important to consider all the angles before making what’s usually one of the largest purchases of your life.
Often, friends, family, co-workers, or even your realtor will provide real estate advice. But it isn’t always good input.
Before buying, make sure you consider the following pieces of common real estate advice that may instead be the worst guidance you could follow. …
When Joan Rivers’ husband died unexpectedly in 1987, Joan not only lost her husband but her financial security too. To her surprise, she was left with $37 million in debt — something she knew nothing about.
This just goes to show that even strong and powerful women don’t have it all together. Joan is just one of the millions of women that face this issue.
Today it seems like women will talk about anything, even intimate topics, but never money. …
You’ve thought about becoming a freelance writer for years. It seems like the perfect way to express yourself while earning a living. But, you know you won’t become an overnight sensation. You wonder: what does it actually take to be a successful freelance writer?
Growing your freelance writing business might be more involved than you think. Don’t worry, though. We’ll break down everything you need to know.
If you’re like most people, you have a million different interests — and you want to write about them all. Well, that would be a mistake.
While you don’t have to write about one topic forever, you should choose and focus on a niche at the start. This will help you position yourself as an expert, making getting writing gigs easier and leading to higher-paying opportunities. …
If you’re not quite sure of the difference between active, passive, and portfolio income, this article is for you.
It’ll help you understand what makes each one distinct and provide insight into which income source or sources to target.
The main distinctions between these income types are how you earn your money and how those earnings are taxed.
When you perform a service for payment in the form of salary, wages, commissions, or tips, you’re earning active income. You’re either an employee or self-employed and time quite literally equals money.
If Diane clocks in at the office from nine in the morning to five, her employers pay for her time and effort. This means that her paycheck counts as an active income. The same goes for Sandy, the realtor, Stacy, the food service worker, and Michelle, the bank manager. …