Print This List    Email to a Friend  

Borrowing Tips for Maturing Families  
TIPS 

Tags: money, borrowing, maturing families, finances

As your kids grow older, the focus of your family finances changes to meet the goals at hand whether it means you have one kid who is entering the world of driving or one that is heading off to college. Lending Tree offers these suggestions:

	Shift to short-term planning. If you have been doing long-term savings up until now, it is time to meet with the financial planner and shift your focus.
	Use home equity wisely. Home improvements and paying for college are smart ways of taking a loan against the equity in your house.
	Look for the best deal if buying a second home. It can be a wise investment but make sure you do your research. If you are still paying off your first mortgage, think about consolidating the loans for the two houses.
	Plan ahead of time to take a family vacation. Save ahead of time and don’t over use the credit to ensure that the entire family has fun before and after the trip.

Lister: Britt
Source: TheLendingTree.com

Other lists of interest:

Tips on How to Win on "The Price is Right"... Guaranteed HOW TO  (0)

The Easiest Way to Get Rich HOW TO  (1)

10 Questions to Ask Your Mortgage Lender TOP #  (0)

Public Debt of World’s Nations (Highest % 2005) INFORMATIVE  (0)

8 Big Mortgage Mistakes INFORMATIVE  (0)

Rate it:
Give your rating for this list. One is the lowest score, five is the highest.

1.  2.  3.  4.  5. 

Add a Comment: Add your comments about the list. Enter your comment in the box below.