Closing costs vs. prepaids: What’s the difference?
You may hear these terms used interchangeably, but they are two different expenses.
Chloe A. Moore, CFP®, is a member of Bankrate’s Financial Review Board and founder of Financial Staples, a virtual, fee-only financial planning firm based in Atlanta and serving clients nationwide. The firm is dedicated to serving tech employees who are entrepreneurial-minded, philanthropic and purpose-driven.
Moore was named an Investopedia Top 100 Financial Advisor in 2020, 2021 and 2022. She has contributed to Business Insider and was featured in Financial Advisor, Wealth Management, NerdWallet, U.S. News and other outlets.
In addition to promoting financial literacy through speaking, writing and volunteering, Moore also focuses on the cultivation of female and minority financial planners. Along with three colleagues, she recently launched the BLatinX Internship Program (BLX), which provides paid internship opportunities to aspiring Black and Latinx financial planners.
Moore believes that money is an emotional topic and it impacts many aspects of our lives. She enjoys helping clients unpack their money history and discover how they can use money to support a life that is most meaningful to them.
You may hear these terms used interchangeably, but they are two different expenses.
The amount varies by individual, but there are guidelines.
It might be possible to use funds from your IRA to buy a house.
Bankrate breaks down what happens to your life insurance when changing jobs.
Is it smart to use retirement funds to buy your first house?
Startups often attract this type of investment.
If you’re buying a home, here are all the costs to consider.
Learn about how bonus tax rates are calculated using the percentage method or aggregate method.