How will the coronavirus pandemic impact the spring market? Unemployment claims, mortgage rates and home buying activity in the spring of 2020. It’s been another week of dreadful news about the economic repercussions of the COVID pandemic. And, while there have been slight improvements here or there, it’s all pretty dark. How Will the Coronavirus [...]
What is a good salary? The answer is surprising. The quality of life you can have on a certain salary varies drastically from city to city. A recent study by GOBankingRates looked at just how far a $100,000 annual salary goes in major cities across the country. Basic expenses, such as housing, utilities, groceries, transportation, [...]
In this $idehusl Q&A with financial columnist Kathy Kristof, we discuss Millennial employees and how their need for side hustles are fueling the gig economy. As costs rise and wages stagnate, Millennial employees are struggling to earn enough money to live the way they want to live. Their solution? Side hustles that allow them to [...]
I received this email from a long-time reader of my nationally-syndicated column, which she reads in the Columbus dispatch every Sunday. I think it's a question a lot of readers have, so I'm answering it here. Q: I have a question for you. Since Donald Trump won the election and became president-elect, I hear a [...]
If you’ve ever thought about starting a home-based business, you know what an attractive idea it is. Plenty of profitable companies start out this way, but it’s not as simple as just having a great product or service. Even if you’re only using your home (or maybe even the garage) to launch the company, you’ll [...]
After years of honing your skills, you apply for a job at a company that’s generating buzz. Not only do you score an interview, the company eventually offers you the job. Employee benefits include health insurance, paid holidays and sick days. Missing from the mix: your dream job doesn’t offer a 401(k) plan or other [...]
Being your own boss offers a lot of flexibility and opportunity for financial growth. But saving for retirement when you’re self employed can be a difficult path to navigate. That’s why Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd., equates the strategies of investing and creating a self-employment retirement savings plan to playing a [...]
How will TRID affect your mortgage application process? Will the real estate market bow under the weight of the September jobs report? Get answers to these questions by listening to this week’s episode of the Ilyce Glink Show. You can click the audio link below to listen to the full show, or download the podcast via [...]
You may be physically and mentally ready to retire, but are you financially ready? The answer depends on a number of factors, including your health, your debts, and how well you’ve planned for retirement. When can I retire? There really is no “right” answer to this question as there is no magic number or dollar [...]
If you’re self-employed, getting a mortgage can be a lot harder than it would be if you were working for someone else. What can you do if you want to buy a house but don’t have a full-time job? The good news is most lenders are willing to work with self-employed borrowers once they’ve taken [...]
