6 Essential Estate Planning Documents

Figuring out what would happen to your loved ones if something happened to you may seem stressful and time-consuming. But if you want a say in who gets what — and most importantly who cares for your kids (or your pets) — then you need an estate plan.

You may think you don’t need one because you don’t have a big enough “estate” or because you’re too young, but the fact is that most people should have an estate plan. That doesn’t mean it has to be complicated, though.

We’re here to simplify the topic and provide you with a checklist to help get this very important item crossed off of your to-do list.

What is an estate plan?

An estate plan is an umbrella term that covers many different documents, all designed to:

  • Distribute your assets and property after you’re gone
  • Make your wishes known
  • Facilitate your care in
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The Pros and Cons of Consolidating Federal Student Loans

What is student loan consolidation?

If you’re like many borrowers, you probably have multiple student loans – some of which could be private loans or federal loans. Did you know that you can bundle your student loans into one loan? If this thought is appealing, consider consolidating your federal student loans with the federal government. It’s an option that could help simplify your life.

When you consolidate student loans into one, your interest rate won’t change. Instead, you’ll pay a fixed interest rate based on the weighted average of the rates on your previous loans, which is then rounded up to the next one-eighth of 1{2a3e680f1439d15db2efa1f6e7ed882a5847e72ec9baddde754e69dd847cc2fd}.

Let’s look at the pros and cons of consolidating your federal student loans and see if it’s a right choice for you.

The pros

Learn the advantages of combining your federal student loans.

There are no credit or income requirements

Anyone with federal student … Read more

How to Build a Fence in 8 Steps

Even though the fence is an often-overlooked aspect of a home, it serves a variety of useful purposes. From protecting your yard from animals and potential intruders to providing an extra barrier against inclement weather and loud neighbors, a privacy fence is a great way to ensure your property truly stays private.

Putting up a fence can require a significant amount of time and work, so it’s good idea to learn some of the basics before you begin a fence project. Get started here with our 8 steps on how to build a fence.

1. Check property lines and local building codes

Don’t even think about digging up spots for your fence until you do your research. Fence construction can be highly regulated; your city, neighborhood or local homeowners association may have specific codes you need to follow. These codes typically govern certain features of your fence, such as its … Read more

4 Ways to Make Money Fast

Money. Cash. Scratch. Sometimes there just isn’t enough of it to make ends meet. When the going gets tough, learn how to make extra money, and consider the pros and cons of each idea.

1. Get a side gig

If you have even a little bit of time, you may be able to find a side job to earn some extra dough. In the midst of our chaotic time, there is increased demand for delivery services. Two popular categories include grocery shopping (like Shipt or Instacart) and food (like Grubhub or Uber Eats).

  • Advantage: You don’t have to pay it back; it’s your money to spend.
  • Disadvantage: It may take some time to find the right opportunity.

2. Through a home equity loan or home equity line of credit

Both of these options hinge on the same basic idea: You owe less on your house than what it’s worth. The … Read more

How to Start An Online Store

Starting a business is easier than ever thanks to greater online opportunities and the burgeoning “gig economy.” For many people, opening an online store has been a major success. Some 25 million people sell products on eBay’s marketplace alone.[1]

But the process is more complicated than putting your goods on a website and waiting for someone to buy them. Before you jump in, here are some ecommerce tips and things you need to know about how to sell your products online.

Learn the marketplace

Selling a product online requires some advanced knowledge about how online sales and ecommerce work to prevent missteps. Regardless of what platform you’re using — eBay, Amazon, Craigslist, Etsy, or something else — you should become a customer before you attempt to sell your own products. This will familiarize you with the sales process and what to expect from it.

It can also help … Read more