How the Home Buying and Selling Process Has Changed During COVID-19

Summer is usually a busy season for home buying and selling, but in this season of the coronavirus, it’s anything but typical.

As states are in various staging of opening up, sellers are dealing with new procedures with putting their homes up for sale and buyers are working hard to thoroughly search while still practicing social distancing.

I’ve found myself in the middle of this as I’m helping my mom this summer. She’s looking to retire in a few years and wants to be closer to the grandkids.

She’s already found work here in Raleigh and now during summer break, she’s selling her house and hunting for a place.

Being a Smart Home Buyer or Seller During This Pandemic

If you’re thinking of buying or selling a home during the pandemic, you need to be extra prepared and willing to adjust as needed.

I had the pleasure of speaking with … Read the rest

How Long Does It Take to Afford a Down Payment in Each State?

The traditional American dream typically begins with great jobs, two kids, and a family home to grow in. If you’ve been dreaming of buying a house, then you’ve likely considered the financial factors, including saving and budgeting for the home. Just as America is huge and diverse, so is its housing market. 

The average home price in America is $270,726, which may be startling to homeowners in West Virginia, where the average home value is just $107,840. On the other end of the spectrum, families in Washington, D.C. can expect to pay over $700,000 for a home. There are huge differences in both income and housing costs across the country, which is why we set out to see just how long it would take to afford a home in each state. 

If you’re looking to buy your first home, then you already know you have to save for Read the rest

Retirement Savings Calculator

Retirement Savings Calculator

It’s never too early to begin saving for retirement! Our retirement calculator makes it easy to set and keep tabs on your retirement savings goals.

Fill in the calculator with your information and retirement expectations, and we’ll show you how much you need to save to make your retirement dreams a reality. You can test out several scenarios to see how your retirement results change based on variables like your retirement contributions. Use this tool to monitor your savings progress and to ensure that you’re on track to retire with peace-of-mind.

Retirement Calculator
Tell us about yourself…
Your age:
Pretax income:
Pretax income: Enter your annual salary before taxes.
Current Savings:
Current Savings: Enter your current retirement savings.
Every month I save
Monthly saving: Enter the amount you contribute to your retirement plan on a monthly basis. Be sure to include any employer matching.
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SURVEY: Is Shopping Alone Better for Your Budget?

You might think shopping alone saves you money, but it may be costing you more. Our survey reveals that when there’s no one there to peer pressure you, you may be your budget’s worst enemy on or offline. In fact, we found that 29 percent of shoppers admit spending more when shopping alone. 

We surveyed 1,500 Americans to see who spends more when shopping with others, and who is most likely to influence a shopper’s spending habits. 

We found that: 

  • 29 percent are more likely to spend more when shopping alone
  • One-third of women admitted spending more shopping alone, compared to 24 percent of men
  • 25 percent of shoppers have felt pressured by others to overspend

Women Are More Likely than Men to Overspend By Themselves 

Americans overspend by roughly $7,400 a year, even though 74 percent say they have a budget in place. Of those who budget, 79 Read the rest

Future Self Journaling Guide: How to Set Financial Goals That Pay Off Later

Future self journaling is the practice of being in tune with your long-term goals to spark positive change in your actions today. This form of journaling is designed to make you more aware of your current behaviors and actions and how they impact your future goals. 

When it comes to your finances, future self journaling can help you manifest your dreams and identify bad spending habits getting in the way of your savings goals. For example, if you have a goal to save $1,000 dollars in three months, but you’re still eating out five times a week, you’ll likely have a harder time meeting your goal. By tracking your behavior, you can identify and put a stop to any bad habits, and replace those with positive actions today. Utilize our app to keep track of your purchases and address any spending habits.  

Setting goals is easy, but meeting them Read the rest