How Culture Affects Finances

What is Culture, and What Does it Have to Do With Your Finances?

By Dalia Rodriguez As we celebrate Hispanic-Latino Heritage Month, I find myself reflecting on how many of my decisions are influenced by my culture and how they uncovered my money story. What is Culture? Culture encompasses many aspects of human life. At its most basic level, it refers to the shared beliefs, values, customs, and behaviors…

Understanding Reverse Mortgages

Navigating the Tricky Terrain of Reverse Mortgages

By Nicole Del Percio A reverse mortgage is when a homeowner relinquishes equity in their home in exchange for regular payments to supplement their income. The lender pays you based on a percentage of your home’s value.                               According to the Wall Street Journal, less than 2% of homeowners have a reverse mortgage. So why are…