Banking and Tax Expert
Amanda Dixon is a personal finance writer and editor with an expertise in taxes and banking. She studied journalism and sociology at the University of Georgia. Her work has been featured in Business Insider, AOL, Bankrate, The Huffington Post, Fox Business News, Mashable and CBS News. Born and raised in metro Atlanta, Amanda currently lives in Brooklyn.
Posts by Amanda Dixon:
Home equity is basically how much of your home you actually own. You can calculate by taking the appraised value of your home and subtracting the balance remaining on your mortgage. This is your home equity. It matters because you can borrow against this money to improve your home and raise the property value or pay off high-interest debt. A financial advisor can help you make the most of your home equity. Read more
It might be difficult to meet some of your financial goals – like buying a new home or saving up for a wedding – without help from a personal loan or mortgage. But if lenders hesitate to approve you for financing because of your bad credit or high debt-to-credit ratio, it may be time to turn to the people who might be more willing to support you: your friends and family members. Read more
Foreclosure is a term you’ve probably heard before. In 2008, foreclosure rates approached levels that hadn’t been reached since the days of the Great Depression. If you’ve never experienced a home foreclosure (or come close), it might not be something you know too much about. Still, it doesn’t hurt to know what to expect in case your own financial situation takes a turn for the worse. Read more
It’s virtually impossible to make it through the day without hearing something about the Dow Jones Industrial Average. Whether the Dow is up or down might not mean much to you if you’re a beginner… Read more