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Five Situations Where Renting Makes More Sense Than Owning a Home

by Kevin Mercadante March 19, 2014

I think we can generally agree that for most people, owning a home is better than renting, especially from a financial standpoint. But are there times when renting makes more sense that owning a home? I think there are – and here are at least five of them. When You Move a Frequently If you [...]

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Will You Leave an Inheritance for Your Children?

by Miranda Marquit February 19, 2014

A recent article on CNN Money says that American retirees expect to leave an average of $177,000 in inheritance for their heirs. Other than wondering how much millionaires and billionaires are skewing this average (seriously, I don’t know anyone who’s going to wind up with $177,000 from their parents or grandparents), I’m wondering whether or [...]

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Beyond the Money: What Else to Think About During Divorce

by Miranda Marquit February 12, 2014

In the last few months, several of my acquaintances announced that they are breaking up. In many cases, this break up is taking the form of divorce. When it comes to divorce, there are a lot of money issues to deal with, from who is responsible for what debt and how the assets should be [...]

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Say “No” to the 40 Year Mortgage

by Kevin Mercadante January 27, 2014

As a way to increase mortgage affordability, mortgage lenders are beginning to resurrect the 40 year mortgage. Not that it was ever that popular during the housing boom of the early 2000’s, but it is now seen as a way to enable more borrowers to qualify for mortgages, and in higher loan amounts. But no [...]

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Why Buying a Brand New Car for a Teenager is a Form of Insanity

by Kevin Mercadante December 11, 2013

No small number of parents buy a brand-new car for their teenager. It may be done as a first car, or even as a graduation present. But while it can seem like a benevolent act, it could also be a form of insanity. Consider some of the following – you may even come up with [...]

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Take the Stress Out of Christmas Shopping

by Kevin Mercadante November 25, 2013

Christmas is upon us once again, and in all the fun and festivities, there’s yet another dimension that most of us don’t like to think about – stress! Let’s be honest, stress takes a lot of the fun out of the holidays – and much of that stress comes from shopping. We want to be [...]

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Resisting the Hard Sell – How to Say No to a Slick Sales Pitch

by November 15, 2013

My wife and I bought our house about two and a half years ago. Soon after moving in we began the standard home improvements, including redecorating, painting, landscaping, and all the fun things that come with home-ownership. We did all of the painting and most of the landscaping on our own. But after awhile, we [...]

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