Financial Schools Reviews

Oh how quickly things change. For years, the American Express Blue Cash was my credit card of choice. It offered 1% cash back on gas and groceries and 0.5% on all other purchases up to $6,500 in annual spending, but that’s not what made it so impressive. After $6,500, bonus cash back terms kicked in, taking the base cash back rate to 1.5% and the gas-and-groceries rate to an impressive 5%. Needless to say, the Blue Cash was hard to beat…at least until something in the market changed and the Blue Cash lost its appeal.

You see, other products emerged that had rewards structures able to not only compete with the Blue Cash’s earning rate but also beat this once-dominant spending vehicle in terms of rewards earning simplicity. There

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Are you preparing for visiting a lending organization for applying for a mortgage? Then you must go through this article for getting acquainted with some basic mortgage terms. Once you understand the meanings of these terms, the process of applying for mortgages will become much simpler for you.

1. Amortization: This term is used to describe the act of paying off debts over time. The term might also include factors like reduction in an asset’s value over time.
2. Assumed mortgage: Assumed mortgage happens when a real property buyer assumes the seller’s obligations and mortgage terms. The

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If you’re in the market for a new home, consider the perks of living in the warm southern climate of Tempe, Arizona. Right now is a great time to look into your options for affordable homes in Tempe, AZ. This sunny city located in the metropolitan heart of Arizona has oft been called the intellectual capitol of the state, housing famous establishments such as Arizona State University, a number of research-based companies, and Fortune 500 giants like U.S Airways and Insight Enterprises. The city boasts a thriving economy and abundance of opportunity.

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– U.S. sales of new homes fell in May, according to figures released by the Commerce Department on Thursday, although the drop was smaller than most economists had predicted.

The report said sales of new homes fell 2.1 percent to a seasonally adjusted annual rate of 319,000 in May from the revised April rate of 326,000.

April figures had initially shown a jump to 323,000, marking the second month in a row of growth, and while economists had expected a pullback, the 319,000 level in May is notably higher than the 305,000 most economists had predicted.

Additionally, the report showed that new home sales for May were up 13.5 percent from 281,000 in the same month a year ago.

On a monthly basis, the rate for new homes sales dropped most significantly in the Northeast, falling 26.7 percent, while sales in the West fell 3.5 percent.

In contrast, sales in the South increased by 2.4 percent, while sales in the Midwest were largely unchanged.

“As the Fed says, housing remains depressed,” said Sal Guatieri, senior economist with BMO Capital Markets.

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It’s the #1 question consumers have about their personal finances: How much do I need to retire? If you ask 10 different financial advisors this question, you’ll receive 10 different answers, only because the answer depends on many different variables. Putting the variables aside however, we’ve outlined a simple, but effective strategy to help ensure you’ll have enough to retire.

How Much Do You Need Save to Retire?

Many financial advisors agree with the 4% rule when estimating how much you’ll need to save to successfully retire. The 4% ru

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