Lacey Stark
articles from Lacey
192 posts
The Pros and Cons Of Buying a Condo
Published 01/23/2023 by Lacey Stark
Buying a condo can be a great option for first-time home buyers, those looking to downsize, or anyone interested in homeownership without the burden of property maintenance. However, living in a condo community isn’t for everyone. For example, you’ll need to abide by condo association rules, live in close proximity to your neighbors, and pay monthly HOA fees. It’s definitely worth your time to consider the pros and cons of buying a condo before you make a purchase.

How Much Is a 6 Figures Salary? And How Do You Get One?
Published 01/23/2023 by Lacey Stark
If someone is pulling in a six-figure salary, that means they’re making between $100,000 and $999,999. That’s a very large income range and, let’s be honest, a low six-figure income won’t get you as far as it used to. This is particularly true if you don’t manage, save, and invest your money wisely.

How Many IRAs Can You Have?
Published 01/20/2023 by Lacey Stark
There’s no limit to how many IRAs you can have. In some cases, having multiple IRA accounts can even be beneficial to certain individuals. Having more than one IRA account can give you different investment options, be useful for estate planning, and give you more flexibility and additional tax benefits. The main caveat is that your total contribution limits for the year remain the same regardless of how many IRAs you have.

What Do Pawn Shops Buy? 10 High-Demand Items
Published 01/19/2023 by Lacey Stark
In general, pawn shops will buy almost anything of value. That said, how much you can get depends on the quality of the item, its popularity, and the demand for it in that market. There are also certain items that some pawn shops buy or give loans for. Some common items that most pawn shops will accept include jewelry, precious metals, watches, electronics, musical instruments, power tools, and sports equipment.

Can You Cash a Ripped Check?
Published 01/18/2023 by Lacey Stark
You can deposit a ripped check if all essential information is intact and legible. Banks may require the check to be taped together or verified by the issuing bank. For extensive damage, request a replacement from the check issuer.

How To Avoid Paying IRS Back Taxes
Published 01/18/2023 by Lacey Stark
Unfortunately, you can’t avoid paying the IRS back taxes. In extreme cases, that’s known as tax evasion and it’s against the law. However, there are a few things you can do take care of that unpaid tax balance. This includes filing an offer in compromise, agreeing to an installment agreement, or paying your tax bill using emergency savings or a personal loan.

How Much House Can I Afford With a $100k Salary?
Published 01/07/2023 by Lacey Stark
With an annual income of $100,000, you should be able to purchase a house in the $300,000 to $450,000 range. However, your income isn’t the only factor that determines how much house you can afford. Mortgage lenders will also look at your credit score, your debt-to-income-ratio ratio, and the size of your down payment, among other things. You’ll also want to consider how big of a monthly mortgage payment you’re comfortable with making, regardless of what the paperwork says.

Is HELOC or Home Equity Loan Interest Tax Deductible?
Published 12/28/2022 by Lacey Stark
Technically, home equity loan or HELOC interest is tax deductible as long as you use the money on significant home improvements. However, because of the Tax Cuts and Jobs Act of 2017, certain modifications have been made that affect tax deductions on the interest paid on home equity loans and home equity lines of credit.

Estate Planning Checklist: 10 Steps to Making an Estate Plan
Published 12/27/2022 by Lacey Stark
At a minimum, your estate planning checklist should include a will, advance health care directive, financial power of attorney, and beneficiary designations. Estate planning is an important way to ensure that your financial and physical property is passed down to whomever you choose. This plan should also ensure your minor children are cared for and your wishes are followed in the event you aren’t able to make decisions for yourself.

How to Buy Unclaimed Packages From Amazon & USPS (Step-by-Step Guide)
Published 12/27/2022 by Lacey Stark
You can buy unclaimed Amazon packages or unclaimed mail from the United States Postal Service (USPS) or other delivery services through liquidation companies, flea markets, or e-commerce shops. The caveat is you may never know what you’re going to get until you open the mystery boxes. Still, this can be a fun game or even a side business. The fact remains there are a ton of unclaimed items and it could be worthwhile to get in on the action.
