by Jay Beattey | Nov 25, 2020 | Articles, Debt, Personal Finance
Recently, my daughter and her husband undertook a complete – and expensive – renovation of their kitchen. It was a long project – and with a toddler running around, the inconvenience of living without a kitchen was – well – a bit trying. What made it worse was...
by Jay Beattey | Nov 16, 2020 | Articles, Debt, Insurance, Personal Finance
Who would have thought – way back in March when this whole thing took over our lives – that this tiny virus would still be impacting our lives so significantly at Thanksgiving? Well – here we are. So we’ve put together some year-end thoughts about how you might clean...
by Jay Beattey | Oct 6, 2020 | Articles, Debt, Millennials, Personal Finance
When a bank loans money – it charges interest for the use of that money. Think of interest as rent. Say we borrow $12,000 – and agree to repay it over 10 years at an interest rate of 5.46%. Based on those loan terms, our total interest charge will be...
by Jay Beattey | Sep 16, 2020 | Articles, Debt, Personal Finance
Let’s face it – in today’s world, it’s nearly impossible to live even a modest life without taking on debt from time to time. Unfortunately, modest debt has given way to overwhelming debt for many – and the impact, given the fragility of our economy in this...
by Jay Beattey | Aug 19, 2020 | Millennials
What your parents want you to know – but are too romantic to tell you! Warning: you’re not gonna like what I’m about to share with you – but you need to hear it. You may be thinking, ‘my parents – romantic?’ In this case – yes – they are. You see,...
by Jay Beattey | Jul 23, 2020 | Personal Finance, Retirement, Wall Street, Wealth Building
Congress passed the CARES act shortly after the Coronavirus outbreak. One feature of the Act allows those ‘impacted by the virus’ to withdraw up to $100,000 from a qualified plan (401k, IRA, and others), without the usually 10% penalty (for those under 59-1/2)....
