Career changes and happiness can be tied together. Do you listen to job advice that tells you to pursue your dreams? And as usual, providing personal finance advice, real estate advice and consumer advice with Ilyce Glink on the Clark Howard Show July 9, 2012 on WSB Radio. I am not usually in the business [...]
If you have inherited a home with a mortgage, and don't know what to do, you have options. You can sell the home, rent it out or live in it. Q: My mom and dad have refinanced their home with a 40-year mortgage. They are both 71 years old. Have you heard of this type [...]
Getting a mortgage when self-employed can be difficult. Look for a specialist mortgage lender that often deals with self-employed people. Q: Are there specialists that provide mortgage services for self-employed professionals? My long-time personal bank seems lost when it comes to analyzing my ability to repay a mortgage. I would like to work with a [...]
Many of us, when we make purchases, look at the price only. We consider the sticker price of an item or service and then make a judgment based on how expensive or cheap it is. However, the upfront cost should not be the only consideration. Your calculations should consider an item’s total cost of ownership. [...]
When your refrigerator suddenly dies, you obviously have to buy another one, pronto. You don’t have time to save money for a new one or watch for a great sale. Similarly, if you realize your patio dining set isn’t party-worthy right before you host your family reunion, you’ll probably run out to buy new outdoor [...]
A long time ago, when I was young and naïve, the tax system was able to shock me. Not anymore. When Congress passed the Tax Reform Act of 1986, it eliminated all installment sales. Things immediately got expensive for lot of nice, sweet old men I knew—and lots of others as well. Many people had [...]
In the course of life, we learn so much from our mistakes as well as those of people we encounter. Let me share some important estate planning and estate-related lessons I have learned over the years. Providing for your children You love your children. You care about their financial and emotional well-being. And you’ve probably made some [...]
Accepting personal responsibility for your cash is the way to make sure it is handled well. A continuation of a conversation about a condominium move started on the Clark Howard Show. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show July 8, 2012 on WSB Radio. [...]
Changing revocable trust isn't an option after death, but trust beneficiaries should look into their rights and compromise on disagreements. Q: I read a few articles on your website regarding living trusts and life estates, but my issue has an unusual twist. My now-deceased father created a revocable living trust with my still-living mother. My [...]
