Tapping the equity you hold in your home can be a great way to pay for major renovations, college tuition, and other big expenses, but did you know you can also use a home equity loan for debt consolidation? We take a look at the pros and cons of using your home equity to help pay down your high-interest debt.
Wasatch Peaks
Recent posts by Wasatch Peaks
7 min read
Should You Get a Home Equity Loan for Debt Consolidation
By Wasatch Peaks on October 26, 2023
4 min read
Is a Simple IRA the Same as a Traditional IRA?
By Wasatch Peaks on September 6, 2023
Are you trying to decipher the differences between retirement savings plans? SIMPLE IRAs (Savings Incentive Match Plans for Employees) and Traditional IRAs (Traditional Individual Retirement Accounts) are two popular investment vehicles that can help you secure a financially stable future.
4 min read
Can You Use a Roth IRA as an Emergency Fund?
By Wasatch Peaks on September 5, 2023
It's no secret that stashing away funds in a tax-advantaged retirement account is a savvy financial move. However, the stringent rules attached to these accounts can often make it challenging if you need to access your savings in an emergency.