Question of the Week: Can I Refinance my Student Loans?
Henssler Associate Michael Griffin, CFP®, answers our “Money Talks” question of the week, “Can I refinance my student loans?”
I’m having trouble paying my student loans. What should I do?
According to Student Loan Hero, Americans owe more than $1.56 trillion in student loan debt. If you’re having trouble paying your student loans, we explain what to do in this Question of the Week.
How will I ever pay off my student loans?
Repaying student loans is an important financial obligation. But doing so can take many years of dedication and sacrifice. We walk you through some options in this Question of the Week.
Liquid Investment Options for Your Emergency Reserves
This week on “Money Talks,” your hosts delve into a couple’s situation where they are increasing their emergency reserve and want to protect the purchasing power of their liquidity. The planners discuss why it may not be best to chase the highest yield and the different cash equivalents for short-term money.
How can I lower the costs of owning a vehicle?
Vehicle expenses can take a big bite out of your budget. According to an AAA report, the average annual total cost of owning and operating a new vehicle in 2018 was $8,849. Fortunately, you may be able to save money by reducing three costs. Depreciation The loss of a vehicle’s value over time was the…
I just got a credit card—what do I need to know?
1. Revolving Credit Can Make It Hard for You to Pay off Debt Credit cards allow you to spend money you don’t currently have, and to repay what you’ve spent over time instead of all at once. When you use a card, the balance you owe increases, and your remaining available credit decreases. As you…
Money Wise: Credit: Debt Snowball vs. Debt Avalanche
In this installment of Henssler Financial’s Money Wise series, Henssler Associate Peter Lynch discusses two methods for tackling your debt: the Snowball and Avalanche method. Both aim to help you take control of multiple credit cards with balances, so you can pay down your debt.
Planning Priorities: Dealing with Debt
On this episode Planning Priorities, Henssler Managing Associate, D. James Barker, CWS®, explains how you deal with debt.
I’m a first-time homebuyer, and I don’t have a lot of cash to put down on a house. What type of mortgage would be best for me?
If you are a first-time homebuyer and don’t have a lot of money for a down payment on a home, you may want to consider obtaining a mortgage through a government mortgage lending program such as those offered through the Federal Housing Administration (FHA) and the Department of Veterans Affairs, formerly known as the Veterans…
Is there any way to get out of a car lease?
A Lease is a Legally Binding Contract Simply put, yes. You can get out of a car lease, but it won’t be cheap. A lease is a contract, which means it’s a legally binding agreement. Some contracts contain loopholes or escape clauses. However, leasing companies pay attorneys big money for these carefully drafted, loophole-free agreements.…