You may not get a principal reduction during loan modification. A principal reduction would not wipe out fees and interest from your loan. Q: My lender told me I do not qualify for principal reduction on the loan I have with them. I contend that I am not asking for principal reduction but, rather, I [...]
Keep climbing your financial ladder and be conservative with your cash and investment, no matter what the stock market says. People are still losing jobs. Save money. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show August 5, 2012 on WSB Radio. Did the economy actually [...]
In The College Solution, Lynn O’Shaughnessy provides an easy-to-use roadmap that you can use to find the right colleges (not just the most hyped) and to dramatically reduce your costs. In this excerpt, learn more about saving for college and your family’s expected financial contribution. How rich is too rich to qualify for financial aid? A mother who [...]
This seems to be my week to work with people needing an offer in compromise (OIC). Why am I bringing up OICs when we plan to talk about estimated taxes? Because in order to cut any deal with the IRS, you must first be in compliance. You must be paying taxes for the current year with either enough money [...]
The military is known for turning ordinary citizens into soldiers but not usually for teaching those soldiers about money management and how to handle their personal finances. However, the military did teach Steve Repak, Army veteran and Certified Financial Planner™, all he needed to know about personal finance so that he could dig himself out of debt and build his [...]
The stock market market bubble is once again a reality. Will you lose your shirt through stock market investment for the second time in a decade? Also the WSB Radio Care-a-Thon 2012 was a huge success, raising $1.5 million in cash to help fund family support services, research and the fellowship program at the Aflac [...]
Live at the WSB Radio Care-a-Thon 2012 raising cash to help fund family support services, research and the fellowship program at the Aflac Cancer Center. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show July 27, 2012 on WSB Radio. You won't hear me this hour [...]
Homeowner's insurance generally does not cover damage to land, landscaping or concrete, but getting land coverage is often not necessary. Q: I recently changed insurance agents. My last one was more elusive than Big Foot. The new one is telling me I am over-insured because my land or lot is also insured and doesn't need [...]
