Over the years, you may have seen advice in the financial media about the "60/40 portfolio," which consists of 60% stocks and 40% bonds. This type of portfolio can be put together without too much ...

Homeownership is harder than ever to achieve. Fortunately, you can leverage your home equity to help your kids become homeowners by taking out a home equity loan.

Buying a dream retirement home is a fantasy for many people, but the big question is — can it become a reality? Not all older ...

Hitting the brakes on investing while saving money for a down payment can put your long-term financial well-being at risk.

But as people assess the damage and make plans to rebuild or relocate, Kim doesn’t necessarily advise that they use their ...

In a call on an episode of The Ramsey Show, a 73-year old Arizona resident named Robin shared that she has no 401 (k) or ...

Carrying a mortgage into retirement means seniors need more money as their housing expenses are higher when they must send a payment to a lender. This may make it seem like all seniors should focus on ...

When buying a standard home ... The mortgage you need for a tiny home may be smaller than a traditional lender’s minimum loan amount, which can start at $50,000. Tiny homes cost from $30,000 ...

The IRS rules allow you to take a loan from your 401(k) for the purchase of a home. But you can only borrow up to 50% of your vested balance or $50,000, whichever is less. So you’d likely need ...

Lauren is a freelance contributor to Newsweek’s personal finance team. She is passionate about educating people on how to transform their finances from a source of stress to a tool in creating a ...

You're committing to a long-term loan while racking ... lease option or lease purchase. With a lease option, the renter is given the option to purchase the home once the lease expires, paying ...