Have you noticed an uptick in ads for high-yield savings accounts and mortgage refinancing? It's no coincidence. The Federal Reserve's recent rate cut has kicked marketing into high gear. But before you act, understand the hidden tax implications of HYSAs and explore the powerful opportunity that mortgage refinancing presents for homeowners. This guide breaks down what you need to know.
BigLaw Attorneys: Financing versus Paying Cash
BigLaw Attorneys: Planning for Student Debt, Part 2
There are scenarios in which it may make sense to focus on other financial priorities as you pay down your debt on its regular schedule, without adding additional payments to pay it down faster. The biggest factors to consider will be the types of loans you have, the interest rates, and the status of some of the financial priorities below:
BigLaw Attorneys: Planning for Student Debt
This is one of the 3rd rails of financial planning for attorneys. The debt you incurred during your undergraduate and/or law school years may feel enormous and can trigger very real emotional reactions. People don’t like to be in debt, and it often casts an ominous cloud over those that owe money to a lender. Those feelings are very real, very justified, and very normal. It is a good instinct to have to want to avoid getting into or staying in debt. However, there is a way to integrate your student loan repayment with your broader investment plan! Read on.