The Financial Compatibility Quiz for Couples

This quiz can be a starting point for deeper conversations about finances and help couples align their financial goals and practices.

Visit the Consumer Resources channel for this and additional articles. 

 

 

HELOC vs. Home Equity Loan: Which Is Right for You?

Both HELOCs and home equity loans are valuable tools for accessing the equity in your home, but they serve different purposes. By assessing your financial needs, goals, and preferences, you can make a well-informed decision that aligns with your situation. Always consider consulting a financial advisor before making significant borrowing decisions.

Visit the House and Home channel for this and additional articles. 

 

Using a Personal Loan for Tax Planning

Using a personal loan for tax planning is not a conventional strategy and carries risks. Most scenarios in which it may be applicable involve cash flow management or funding investments, but these should be carefully weighed against the potential interest costs and risks involved. Your overall financial situation, goals, and the specific terms of the loan are critical considerations.

Visit the Tax Planning channel for this and additional articles.