All posts by Mrs. Accountability

Are there any 5% Interest Savings Accounts or Was That Just in The Olden Days?

saving money
In January my employer set up a 403(b) program for our company. The 403(b) is the 401(k) version for non-profit agencies. Previously we've only had a profit sharing program which was employer funded only. Sadly, there was only one contribution made into the profit sharing program for over two decades so I am vested for a very low amount. After twenty years of service… I am fully vested for just around $2K. Our CEO recently retired and since the program… Read the rest

Mortgage 101: What to Know before Signing

plan of action
Buying a house is a major step for anyone who has begun the journey toward adulthood. When it comes time to consider your options in buying a home, the thought of obtaining a mortgage can be pretty overwhelming. If you are considering taking out a mortgage sometime soon in order to buy a home, then you probably need a small refresher course in the things to consider before applying for your mortgage. In this article, we will cover the very… Read the rest

4 Considerations Before Paying Off Your Mortgage

plan of action
If you have reached a point in your life when paying off your mortgage early is an option, then congratulations. This means that you have built yourself a nice nest egg, you have paid off all of your other debts, and now you have enough extra cash to pay off your mortgage early. However, mortgages are actually quite tricky. You need to check all of your options before diving in headfirst to pay off your loan. In some cases, it… Read the rest

Ways to Boost Your Finances During COVID-19

Making Progress
Since COVID-19, commonly known as the coronavirus, has become a pandemic, a lot of people are losing their jobs. Everybody is worried about their finances with no end in sight regarding lock downs and self-isolating. But there are some things you can do to boost your finances during this time and ensure you don’t get into any trouble. Create a New Budget A budget is always going to ensure you don’t overspend. During the coronavirus, you can’t throw away your… Read the rest