3 Smart Reasons to Get a Home Equity Line of Credit

December 12, 2018

Have you been thinking about taking out a home equity line of credit (HELOC)? A HELOC is revolving line of credit that uses your home as collateral.

Because a HELOC is a line of credit, it may be easier to qualify for than something that’s unsecured, like a personal line of credit.

A secured line of credit means that if you default by not making payments, your lender is able to use the collateral (aka security) to recoup their money. In the case of a HELOC, your home could be seized and sold to repay the monies owed.

12 Days of Frugal Christmas Traditions

12 Days of Frugal Christmas Traditions

December 12, 2018

Christmas is a wonderful time of year to create traditions with family. Now that I am a mom, I get to share my favorite Christmas traditions with my kids.

One thing to be wary of though is that the holidays lend themselves to excess.

So, since I’m trying to keep spending under control, I need to make sure we partake in very frugal Christmas traditions.

From trimming the tree, to helping others, there are plenty of frugal Christmas traditions to enjoy as a family.

Save for Christmas FI

3 Things You Should NEVER do to Pay for Christmas

December 8, 2018

Christmas is not a surprise.

It comes around every year like clock work. It’s always on December 25th. There’s no getting around that.

This time of year I always get a little mad pissed off when I hear about the irresponsibility of some people. There’s only a few weeks left and they haven’t saved for Christmas.

There’s still a little time to earn some extra money. Or you could sacrifice something to help save for Christmas, like taking some time off from eating out. But, there also some things you should NOT do to pay for Christmas.