How to Use Your Home Equity Thoughtfully



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In Life, Only Death, Taxes, and Price Hikes Are Guaranteed

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Benjamin Franklin famously stated that "in this world, nothing is certain except death and taxes." While his words still ring true, there's another unavoidable reality in modern life: rising costs. From groceries to energy bills, the cost of living continues to climb, and one of the biggest contributors to this is housing. Housing has always been a major expense for individuals and families, but recent data highlights just how burdensome it can be. According to an article released in September 2024, renters spent a median of 31.0% of their income on housing costs, while homeowners with a mortgage spent 21.1%, and those without a mortgage spent just 11.5%. Despite this, 18.8 million homeowners were still dedicating more than 30% of their income to housing expenses, illustrating that affordability remains a challenge for many. The long-term trends in housing costs are equally telling. According to the Federal Reserve Economic Data, rent increases have averaged 3...
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A Solid Hedge Against Inflation

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Don't Let Capital Gains Tax Surprise You

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