A home equity loan, sometimes called a second mortgage, allows you to borrow against the equity you’ve built in your home. Equity is the difference between your home’s market value and the amount you owe on your mortgage.For example, if your home is worth $300,000 and you owe $200,000 on your mortgage, you have $100,000 in equity. Lenders typically allow...
Big Changes Start Small: Transform Your Life with Level CoachingWhen we think about life transformation, it’s easy to get overwhelmed by the sheer size of our goals. Whether it’s improving your health, achieving financial stability, or building stronger relationships, these aspirations can feel daunting. But what if the key to success wasn’t a monumental leap, but rather small, intentional steps...
Are you ready to take control of your financial future in 2025? Whether you're saving for a big goal, paying off debt, or simply looking for extra income to ease the strain on your budget, starting a side hustle can be a game-changer. In this blog, we'll explore the best side hustles for boosting your income, how to get started,...
As the new year approaches, many of us start reflecting on our financial habits and setting goals for the year ahead. While saving money is often at the top of the resolution list, have you ever wondered: Can I be saving too much? It might sound counterintuitive, but over-saving, often fueled by stress or fear of the unknown, can actually...
When it comes to planning for retirement, most people focus on traditional options like 401(k)s or IRAs. But what if there was a way to grow your wealth, access your funds when you need them, and enjoy tax-free benefits along the way? Enter the Tax-Free Retirement Account (TFRA)—a flexible, powerful tool that goes beyond standard retirement savings. Whether you’re preparing...
When it comes to relationships, few topics stir up anxiety and vulnerability like money. Whether you’re newly in love or planning to walk down the aisle, navigating debt as a couple can feel like walking a financial tightrope. One common question we hear is, “Should we wait to get married because of debt?” The answer isn’t black and white—but what’s...
Debt can feel overwhelming, but with the right strategy—and the right support—it becomes manageable. At Level Coaching, we specialize in helping you break free from debt and achieve financial independence. Two of the most effective strategies we recommend to our clients are the Snowball Method and the Avalanche Method. Each has its unique benefits and challenges, and the best choice...
At Level Coaching, we’re committed to helping you break free from debt and achieve financial independence. One of the biggest decisions you'll face on this journey is whether to focus on saving or investing your money. Both are essential to building a secure financial future, but knowing when to prioritize each can make all the difference in reaching your goals...
When your car is on its last leg and it’s time to start looking for another vehicle, you may wonder which is better: leasing or buying? The answer: it depends. Leasing a car has many short-term benefits but long-term drawbacks. Here’s what you need to know to decide if it’s a good move for you right now:Downsides of Car LeasingLeasing...