Sentences with phrase «including paying off other debts»

This cash can be used for any purpose including paying off other debts and other expenses such as school fees and college tuition; or, for home improvements; or, for anything else you want or need.

Not exact matches

While most of the world would simply buy a larger house, a nicer car and better wardrobe, I've been sinking this cash into several other more productive avenues, including more real estate investments, paying off debt and going on some relaxing vacations.

Forced to work illegally as a dishwasher in a restaurant, he has no qualms about stealing from the till to repair other parts of his broken life, including paying off his dad's debts and replacing his mom's album collection, destroyed in his father's drunken rage.

This will include a debt reduction plan to cut out unnecessary expenses and finding other sources of funds for paying off debt.

The traditional mode of thinking that many people follow states the following: it's better to get out of debt and pay off what is already owed, including the mortgage, before investing in other endeavors.

Regarding the funding or your retirement accounts, Dave Recommends that if you have any debt at all other than a mortgage (or extremely large student loans), you need to suspend all retirement savings contributions and focus all of your financial resources towards paying off your debt; including those of you who may be lucky enough to get an employee match in your 401k or 403b.

If you need more time to pay off the debt, other common debt consolidation options include personal loans and home equity loans or lines of credit.

I remember when I was paying off debt I felt both shame and pride, frustration and gratitude, and a host of other emotions, including a lack of freedom.

All other things being equal, we will still pay off all of our debt (including the mortgage) in 48 months but the final snowball payment will only be for $ 3,184.61 vs. $ 3,950.64.

When refinancing your home, the new loan pays off the existing loan and can often include additional money in your pocket for things like home improvements or to pay off other debts.

These steps include making all of your payments on time and paying off your credit card and other debts.

Other popular reasons for having life insurance include: Income replacement for dependents; to pay off debt like a mortgage or a line of credit; to create an emergency fund; to cover final expenses incurred upon your death; for estate planning reasons or to leave money to a favourite charity.

This might include using part of your down payment money to pay off some of your other debts instead.

In other words, this couple (now family) that was completely overwhelmed with debt would be able to completely pay off all of their debt including their mortgage, have a fully funded emergency fund, and have respectable retirement and college savings accounts in 70 months (less than 6 years)!

These typically include having a source of funds for final expenses, legal fees, taxes, an emergency fund, an education fund, and to pay off the mortgage and other debts.

Other priorities include becoming healthier, spending more time with family and friends, and improving their overall financial situation by spending less, saving more and paying off debt.

When a buyer purchases a company in the private market, he has to pay for the company equity (including common stock, preferred shares, minority interest, etc), he has to pay off all the debt, but in return the buyer gets the cash the company has in its bank accounts and other cash equivalents in form of securities and other liquid assets.

Even with a great job after graduation — and that is certainly no guarantee in this market — paying off such a large debt takes time and detracts from other spending and saving needs, including retirement.

Other goals may include caring for children, paying off debt or passing on a business.

«With so many other expenses to consider when starting work however, including paying off student debt, it can be difficult to think about saving for retirement as it seems so far away.

Some choose to buy life insurance to provide their family with enough money to continue their same lifestyle, others leave money specifically for funeral expenses and / or to pay off remaining debt, while others choose to include money for their children's college education.

The proceeds from a life insurance policy can be used for a multitude of purposes — including paying off big debts, the payoff of an insured's funeral and other final expenses, and / or for the payment of loved ones» ongoing living expenses in the future.

Whole life insurance can be used for a variety of purposes, including helping to pay off funeral expenses, mortgages, and other outstanding debts in the event of premature death; helping to pay estate expenses, including estate taxes; retirement funding; providing a valuable employee benefit; and charitable giving.

These can include paying off large debts such as a mortgage, as well as for replacing the income of a breadwinner or other income earner so that living expenses of the survivors can still be paid.

This is because the proceeds that are received from a life insurance policy may be used for paying off debt — including the insured's funeral and other final expenses — as well as for ensuring that ongoing living expenses can be paid.

Some choose to buy life insurance to provide their family enough money to continue their same lifestyle, others leave money specifically for funeral expenses and / or to pay off remaining debt or others choose to include money for their children's college education.

The proceeds from such policies can be used to provide numerous benefits, including the payment of final expenses, paying off a mortgage or other debt, funding a child's future college education costs, or providing ongoing income to a surviving spouse and family.

The beneficiary can use the money for any purpose he or she chooses to; such as, to pay for living expenses, pay for your funeral and burial costs, pay off debt including mortgage and credit card debt, or use the money to replace your income, among other things.

It not only provides mortgage protection, but the amount of coverage remains level, so your family has additional funds to pay off your other debts, including credit cards, final expenses and education costs for your kids.

Other changes include lower fees for loans that pay off student debt, and removing debt paid by others from underwriting calculations.

These can include postponing drawing on Social Security, providing a steady monthly income, eliminating current mortgage payments, preventing foreclosure, paying off debts and expenses, buying a second or new home, or renovating or retrofitting for aging in place, among others.

Other top responses included paying off debt (44 percent), acquiring assets (32 percent) and investing in core operations (24 percent).