Posts by Tiffany Patterson
Retirement
Ways to Protect Your Retirement Savings in a Divorce
Protecting your retirement savings during a divorce may not be at the top of your mind when you are going through the process of splitting up with your spouse. The emotional toll on you and your family, after all, likely… Read more…
Refinance
6 Questions to Ask Before Refinancing
A year after the housing bubble burst, I decided to make a career change and go back to school for my MBA. During one of my first finance courses, my professor discussed her reasons for refinancing her home mortgage at… Read more…
Checking Account
Top 5 Ways To Protect Your Bank Accounts
Recently a younger family member mentioned that he had just gotten a new debit card for his checking account because someone had gotten into his account. He said he wasn’t sure how it happened, but someone got access to his checking… Read more…
Credit Cards
5 Ways to Deal With a Financially Irresponsible Spouse
We’ve all heard the statistic that says an increasingly prevalent cause of divorce is financial issues. It takes more than love to keep a marriage intact, and unfortunately, many people don’t realize that until it’s too late. Marriage requires communication and honesty,… Read more…
Personal Loans
Pros and Cons of Lending Money to Family Members
Mixing money and family can quickly become very tricky. The reality, though, is that many of us will go through tough financial times—whether we’re just starting out on our own, we recently lost a job or we had some other… Read more…
Retirement
Top 5 Risks to Your Retirement Fund
Saving for retirement can be confusing and arduous. This is especially true if you’re in your twenties or thirties and have decades ahead before you can even seriously consider retiring. However, thinking about and saving for retirement is a major burden that we all have to deal with. To that end, there are constant threats… Read more…
Taxes
5 Steps to Help Care for Elderly Parents
One of the toughest things you will do as an adult is watch as your parents deteriorate with age. Emotionally, it is taxing to watch the very people or person who cared for you as a child slowly become more and more dependent on you for support. The emotional strain can be difficult enough, but… Read more…
Life Insurance
What Is a Life Insurance Beneficiary?
Although it can be disheartening to dwell on what happens after we die, it’s important for all of us to get our personal affairs in order while we’re alive. That way, those who love and depend on us are taken care of after we’ve gone. Arguably the most important part of the estate planning process is… Read more…
Life Insurance
What Is Return of Premium (ROP) Life Insurance?
Life insurance is just that, insurance on your life. You pay your policy usually for 10 to 30 years. If you die during this period, your beneficiaries receive a payment from the insurance company. With a traditional term life policy, you do not receive any payout if you outlive your policy. For many, this can… Read more…
Life Insurance
When is the Right Time to Purchase Life Insurance
When it comes to life insurance, one of the main questions that consumers contend with is when is the right time to purchase? In order to answer this question, it is important to first understand what life insurance is. Related:… Read more…