Hello, my name is Rhonda. If you have financial goals, this blog can help you achieve them. A few years ago, I realized that I didn't have a good plan for my future and I wondered if my financial needs would be met after I retired from my job. I immediately started planning for my future by speaking with a financial advisor and I learned a wealth of information at our meetings. By following the recommendations of my advisor and by learning everything I could about finances and money, I now feel very secure about my future. If you need financial help for retirement planning, college savings or even for an emergency fund, you can get sound advice by reading my blog. I believe that by following a few basic strategies, everyone can meet their goals and be financially secure.
19 September 2017
Home equity is a measurable asset that is sometimes underutilized. As a primary mortgage is paid down, the corresponding increase in equity often goes unnoticed. A rise in the value of a home also creates equity for the owner. Many homeowners are in a position to obtain a home equity loan and receive a tax deduction for the interest paid, regardless of how the loan proceeds are spent. Unlike your primary mortgage, the funds from a home equity loan do not have to be used on the house itself.