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Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.

Posts by Rebecca Lake:

by Rebecca Lake Jun 06, 2018

Just about everyone finds themselves unable to pay a bill at some point. If you’re behind the eight ball you may turn to a payday loan to cover the gap. While this type of loan is convenient, payday lenders typically charge an exorbitant amount of interest and fees. If you can’t pay the money back in time, a $500 loan could quickly snowball into $5,000 as the interest piles up. But there are other options. Read more

by Rebecca Lake Dec 23, 2014

Americans who took out a home equity line of credit during the housing bubble may soon be in for an unpleasant surprise. As many of these loans approach their 10-year anniversary, borrowers will be expected to start paying back the principal as well as the interest which means they may see a significant hike in their monthly payments. This could potentially create a major problem for lenders if homeowners end up defaulting on their second mortgage loans. Read more

by Rebecca Lake Aug 01, 2019

Most people have at least one bad habit. While some are relatively harmless, others can have a negative impact on your health or your life. When bad habits spill over to your finances, it can make getting ahead a major challenge. Learning how to break these bad money habits can help you get your finances back on track so you don’t end up in the poor house. We’ve got the 3 bad money habits that are keeping you broke. Read more

by Rebecca Lake Nov 07, 2017

In the wake of the housing market’s collapse, lawmakers established the Mortgage Relief Act of 2007 to help out struggling homeowners who found themselves falling behind on their mortgages.… Read more

by Rebecca Lake Jan 02, 2015

It’s that time of year when charities are asking people to give a little more to help others in need. But not all of these organizations have good intentions. The holidays are a prime time for… Read more

by Rebecca Lake Dec 29, 2014

Around this time last year, lawmakers were scrambling to avoid the fiscal cliff and now it’s the so-called “dairy cliff” that Congress is grappling with. Without the passage of a new farm bill by the… Read more

by Rebecca Lake Jan 02, 2015

If you’re busy decking the halls and hauling out the holly, you may not have time to hunt around for the best deals on holiday gifts or travel. Retailers are advertising big holiday sales for  but… Read more

by Rebecca Lake Dec 21, 2017

The U.S. job market is continuing to improve, with the unemployment rate declining in November according to the most recent employment report. Approximately 203,000 jobs were added last month, which… Read more

by Rebecca Lake Jan 02, 2015

It’s that time of year when people are encouraged to give back to those who are less fortunate. When you’re on a shoestring budget, giving even a little can seem like a stretch. But there are plenty… Read more

by Rebecca Lake Mar 02, 2018

Holiday shopping season is in full swing and retailers are hoping it will be a profitable one. When it comes to gift-giving, it’s easy to get caught up in the holiday spirit and overspend. But that… Read more

by Rebecca Lake Dec 29, 2014

Recent reports suggest that the job market is steadily improving. But many employees in the banking sector are finding themselves the target of layoffs. Normally, large-scale layoffs suggest a… Read more

by Rebecca Lake Dec 29, 2014

The housing market is continuing its slow upward climb, with home values on the rise and the number of homeowners defaulting on their mortgages declining. While the signs are encouraging, the housing… Read more

by Rebecca Lake Dec 21, 2017

Updating your kitchen or revamping your bathroom can add value to your home, which may mean a bigger profit if you’re planning to sell later on. While there are plenty of home improvement projects… Read more

by Rebecca Lake Dec 29, 2014

Even though tax season is still several months away, it’s not too early to start working on your tax planning strategy for 2014. There are a number of new tax provisions rolling out in the new year… Read more

by Rebecca Lake Dec 12, 2016

Wanting a financially sound retirement and actually achieving it are two different things. Without a solid plan for reaching your retirement goals, your golden years could end up being somewhat… Read more

by Rebecca Lake Nov 09, 2017

Black Friday is all about shopping. According to the National Retail Federation, 154.4 million people shopped over Thanksgiving weekend in 2016. (That’s a lot of rewards credit cards getting a… Read more

by Rebecca Lake Sep 25, 2017

The holiday season is here and if you’re planning to fly to visit friends and family, you need to start making your travel arrangements now. Getting a great deal on a flight can seem impossible but… Read more

by Rebecca Lake Dec 24, 2014

The latest jobs report is finally out. Despite some dreary predictions from economic experts, the numbers are actually better than expected. According to the report compiled by the Bureau of Labor… Read more

by Rebecca Lake Aug 20, 2018

Getting older means making some important decisions with regard to your lifestyle. This includes where you plan to live. Retirement homes and assisted living facilities offer seniors a measure of… Read more

by Rebecca Lake Apr 10, 2017

Your health is a priceless asset. How well you take care of it can have a big impact on your wallet. A poor diet and lack of exercise can contribute to major health problems. This can all add up to… Read more

by Rebecca Lake Dec 24, 2014

For the average American, landing a job that offers health insurance, vacation pay and a retirement plan would be a huge score. For employees working in the tech and social media sectors, benefits… Read more

by Rebecca Lake Feb 21, 2019

Americans spent over $55 billion on their pets last year, according to the American Pet Products Association. The largest percentage went towards food. But pet owners shelled out approximately $13… Read more

by Rebecca Lake Jul 24, 2018

Discussing your retirement strategy may not be your idea of a dream date but it’s not something married couples can afford to put off. According to a 2013 study from Hearts & Wallets, just 38 percent… Read more

by Rebecca Lake Jan 02, 2015

Chocolate lovers are getting a fright. The price of your favorite treats could soon skyrocket. A boost in demand paired with bad weather in key cocoa-producing regions is driving up production costs… Read more

by Rebecca Lake Dec 23, 2014

If you’ve ever been out to eat with a group of people, you’re probably aware that many restaurants have an automatic gratuity policy when it comes to large parties. Now the IRS is planning to change… Read more