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Kari Hoopes's Articles in Finance

  • Advantages and Disadvantages of Buying a Home through a Lease Option
    A lease option can be a very attractive way to enjoy the benefits of home ownership. Lease options typically require less money down and do not incur mortgage fees to get started. Plus, they allow you to enjoy upward movements in the market without being exposed to market declines
  • The first step to financial strength: understanding your personal finanancial psyche.
    Financially, the way we think is often a product of our environment growing up. To be successful financially, we must understand in what ways this environment has influenced us, decide how we to be, and then make the necessary changes, keeping in mind that to attract something, we must have a positive opinion of it.
  • The advantages and disadvantages of selling a home on lease option.
    Selling a home on lease option is a rarely considered option for most people. Lease Options have advantages over selling, including a higher return on your money, and more favorable selling prices, though may not be right for the person who needs their home equity for other investments. Ultimately, it depends on your personality and your need for your home equity.
  • Are you considering the needs of the family in your financial plan?
    Often in marriage, husband and wife fall into distinct roles, typically with the father managing the finances while mother keeps the family in order. In their respective roles, each makes plans for the present and future with little regard for the other. This can often result in conflicting plans which leads to arguments about money. These arguments can often be resolved by making goals together with both parts of the family in mind.
  • The Envelope System: a Simple and Effective Budget
    The purpose of budgeting is to make us aware of our spending habits. An overly complex budget can be counter productive and time consuming. One simple type of budget is "the envelope system." Place cash to cover discretionary expenses into categorized envelopes monthly and spend money from the envelopes until it is gone. Simplify your budgeting and make it more usable through the envelope system.

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