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Danielle Klimashousky

Home Buying and Credit Card Expert

Danielle Klimashousky is a freelance writer who covers a variety of personal finance topics for SmartAsset. She is an expert on topics including credit cards and home buying. Danielle has a BA in English from Wesleyan University.

Posts by Danielle Klimashousky:

by Danielle Klimashousky Apr 30, 2019

A quitclaim deed, sometimes referred to as a non-warranty deed, is a document used to transfer interest in a property. Common terms utilized alongside quitclaim deeds are “grantor” and “grantee.” In this context, a grantor is the one transferring the interest and a grantee is the one receiving the interest. For the most part, family members use quitclaim deeds in real estate transfers. They are also often included in wills. If you need help drafting a quitclaim deed or managing other matters that involve the transfer of assets, consider finding a financial advisor in your area for hands-on guidance. Read more

by Danielle Klimashousky Jan 07, 2019

Labor Day is an American holiday that celebrates workers and the labor movement. Observed on the first Monday of September, it also (unofficially) marks the end of summer. To most, Labor Day means a three-day weekend of fun in the sun, barbecues, and special sales at retail stores. But if you want to visit a bank branch that day, you’re out of luck: Banks are closed on Labor Day. If you need to conduct banking business, you will need to find another way to do it, or wait until doors open gain on Tuesday. Read more

by Danielle Klimashousky Dec 24, 2018

While there’s a lot you can do at an ATM or through a mobile banking app, there are times when you need to visit an actual bank branch. So what time does the bank close? In the past, all bank branches used to close at 3 p.m. Now, banks are extending their hours to make themselves more accessible, though hours are still limited on weekends. Here’s a general guideline for what time banks tend to open and close. Read more

by Danielle Klimashousky Jan 07, 2019

Every month, your bank prepares a document for you showing all of of your transactions for the past month. This is called a bank statement. It’s important to review your bank statement regularly – in… Read more

by Danielle Klimashousky Mar 05, 2019

Online-only bank accounts are increasingly popular. They tend to offer better interest rates than typical banks because they don’t have to pay the costs of having brick-and-mortar locations. Two… Read more

by Danielle Klimashousky Nov 26, 2018

A chartered life underwriter, or CLU, is a financial services certification for financial advisors who specialize in life insurance within the context of estate planning. Although many advisors have… Read more

by Danielle Klimashousky Nov 19, 2018

Black Friday, which falls on the Friday after Thanksgiving, is among the biggest shopping days of the year. While it’s all-hands-on-deck in many retail stores, many businesses outside the retail… Read more

by Danielle Klimashousky Nov 05, 2018

12b-1 fees are annual distribution fees related to mutual funds. They are an operational expense, and they’re usually a part of a fund’s expense ratio. In this guide, you’ll find not only an in-depth… Read more

by Danielle Klimashousky Sep 14, 2018

Pensions and annuities are two common sources of retirement income. However, they are quite different with their own advantages and disadvantages. Which one is better for you will depend on your… Read more

by Danielle Klimashousky Feb 27, 2019

As you sit down with your financial advisor to create an estate plan, one option that may arise is a testamentary trust. A testamentary trust is a type of trust that’s created in a last will and… Read more

by Danielle Klimashousky Sep 12, 2018

When it comes to retirement, Social Security and your 401(k) plan don’t always cover you throughout your retirement. If you’re planning for retirement, you might want to also consider opening an… Read more

by Danielle Klimashousky Sep 12, 2018

If you’re getting started in investing, an investment broker can be a great asset as your connection to the market. Investment brokers serve as go-betweens for buyers and sellers on the stock market.… Read more

by Danielle Klimashousky Oct 18, 2018

There are many ways to set up a financially secure future for your loved ones. You could enlist the help of a financial advisor to come up with a comprehensive financial plan. Trust funds are another… Read more

by Danielle Klimashousky Jun 08, 2018

Often, we think about writing a last will and testament to place our belongings and assets properly after death. While that’s an important document to have, you shouldn’t overlook having a living… Read more

by Danielle Klimashousky May 10, 2018

Whether you’ll be making a number of international money transfers or it’s a one-time transaction, it’s important to know the best ways to send money internationally. Maybe you need to put down a… Read more

by Danielle Klimashousky May 03, 2018

Despite the ease it provides, paying in cash isn’t always the most secure form of payment. Instead, you may be asked to pay with a money order. You can get a money order almost anywhere, like banks,… Read more

by Danielle Klimashousky Jun 06, 2018

Opening a checking account, whether a personal or business checking account, is a relatively easy process as long as you’re prepared with the right information. It becomes even easier when you know… Read more

by Danielle Klimashousky Sep 14, 2018

At some point, you may end up receiving money in the form of a check. This could be your paycheck, your tax refund or a personal check from a friend. Unlike cash, you can’t turn around and spend the… Read more

by Danielle Klimashousky Sep 05, 2018

If you need help getting your finances in order or learning the basics of budgeting, you might consider seeking the help of a financial coach. A financial coach is different from other financial… Read more

by Danielle Klimashousky Sep 05, 2018

Making an investment plan involves more than just choosing a few stocks to put money in. You have to consider your current financial situation and your goals. It’s also important to define your… Read more

by Danielle Klimashousky Feb 11, 2019

When creating an investment plan for your portfolio, diversification is the most important rule. Diversification essentially means spreading your assets among a variety of investments. Doing this… Read more

by Danielle Klimashousky Mar 29, 2019

If you need help making investment decisions and managing your portfolio, you may want to seek the advice of an investment advisor. Investment advisors are basically financial advisors that, for a… Read more

by Danielle Klimashousky May 04, 2018

A safety deposit box, also known as a safe deposit box, is an individually locked box held within a larger vault, usually in a bank. The boxes come in a range of sizes and can be rented on an annual… Read more

by Danielle Klimashousky Mar 08, 2019

When it comes to withdrawing money from an ATM, you are limited to the amount you can withdraw in one day. You’re also subject to the amount of money you spend with your debit card each day. All… Read more

by Danielle Klimashousky Feb 14, 2018

You’ve probably received a Visa, MasterCard or American Express gift card at some point. Or, you’ve bought one yourself. Prepaid cards can be found in the checkout line at the gas station or even in… Read more