Should You Rent or Buy a House?

Is it better to rent or to buy a home? It’s a tough decision and one that requires careful thought. About 64% of American adults own their own homes, according to a 2019 Statista report,[i] while the remaining 36% rent, notes Pew Research Center.[ii] While more people lean toward buying a home, research shows rental rates are at a 50-year high.[iii]

When it comes to renting vs buying a house, what’s best for you? To help, let’s explore the pros and cons of each choice.

The pros and cons of renting a home

If you’re thinking about renting a home, here are advantages and disadvantages to consider:

Pros of renting a home

  • Move with greater ease. Renting gives you the power to move around more easily because you don’t have to go through the process of selling your home and waiting for potential buyers. Maybe relocation
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Which Type of Business Entity Should You Choose?

When you’re starting a new business, you’ll have to choose the type of business structure that’s right for it. Knowing the differences between the types of structures and what each one has to offer can help you choose the right business entity — a decision that’ll affect your taxes, income and legal liability.[1] When making such a decision, you should always consult your attorney or financial professional.

Common types of businesses

There are five main types of business entities to consider. Let’s take a look at what each one offers and which advantages and disadvantages you need to consider.[2]

Sole proprietorship

A sole proprietorship is a simple and common type of business structure. It’s the easiest type of company to form and is often the right choice for a one-person operation.[3] If you’re going to work alone, this could be the right choice for you.

This … Read more

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How to Compost at Home

Learning how to compost at home is a great DIY project that can reduce your household’s carbon footprint while improving the health and quality of your yard. Composting can help create stronger, more nutritious soil for gardening, decrease your need for chemical fertilizers that harm the environment and drastically cut back on waste you would normally send to landfills.[1] Getting your own compost bin or pile started at home is simple, and you’ll appreciate its benefits for a long time.

What is compost?

So what is compost exactly? Compost is the product that comes from the controlled decomposition of organic material, or carbon-containing substances. The resulting product is then used to enrich soil.[2]

What to compost

From yard waste to food scraps, here’s a range of everyday materials that can be composted:[1],[2]

  • Coffee grounds and filters
  • Tea and tea bags
  • Fruits and vegetable
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15 Fun Family Game Night Ideas

 

For many families, game night is a big tradition. That’s because it can be a great way to make memories in a manner that’s largely inexpensive, easy — and most importantly — fun. Whether you’re looking to start your own game night or need a fresh idea for your regular meetup, we’ve rounded up a unique set of fun family game night ideas to help you out. You can also try some of these games during a family road trip or a sudden blackout.

1. Paper telephone

In this paper-and-pencil version of the telephone game, everyone sits in a circle and writes down a straightforward phrase (something like “My dog is chewing a bone”)[1]. They then pass their paper to the next person, who has the job of drawing the phrase they’ve received. When the drawings are done, everyone folds their paper to hide the phrase … Read more

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Is the Life Insurance I Have Through Work Enough?

 

What is group life insurance?

If you have life insurance through your job, that’s technically called “group life insurance.” It’s offered to employees as part of a benefits package, usually along with things such as health insurance and short-term disability.[i] One of the biggest advantages of a group life insurance policy is that it’s low-cost to employees or group members, so you can get coverage at a much lower rate — sometimes even at no cost — than if you were purchasing an individual policy.[ii] However, it’s important to look at what type of coverage you’re getting in return and make sure that it’s enough to meet your needs.

Is group life insurance through work enough?

“Something that we see very often is that people don’t know what’s an appropriate amount of coverage to have when it comes to life insurance,” says … Read more

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