Questions from Personal Finance

Q: How does financial counseling differ from financial advising?

How does financial counseling differ from financial advising?

Q: What are the differences between financial planning and a financial plan?

What are the differences between financial planning and a financial plan?

Q: Why are adjustable-rate mortgages generally cheaper than fixed-rate

Why are adjustable-rate mortgages generally cheaper than fixed-rate mortgage loans?

Q: When is a home equity loan better than refinancing a first mortgage

When is a home equity loan better than refinancing a first mortgage?

Q: Why are goals important for financial planning?

Why are goals important for financial planning?

Q: Why borrow using secured debt?

Why borrow using secured debt?

Q: Pension loans save you money because you pay yourself back. True

Pension loans save you money because you pay yourself back. True or false? Explain.

Q: Elizabeth, age 62, wanted to consider the benefits of age

Elizabeth, age 62, wanted to consider the benefits of age 62 Social Security at a reduced 75 percent payout versus full payments at age 66. She could invest the monies at 5.5 percent after tax and exp...

Q: Are loans from friends and relatives a good practice? Explain.

Are loans from friends and relatives a good practice? Explain.

Q: What borrowing mechanism provides the lowest cost. Why?

What borrowing mechanism provides the lowest cost. Why?