Lisa Donald

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Renting vs. Buying: Financial Pros and Cons

By Jordyn Windnagle - April 24, 2026
Homeownership is a major factor when it comes to financial stability. This is readily apparent when looking at the data on wealth gaps. For the last four decades, the average net worth of homeowners has been approximately 40x greater than renters. High prices have led to discouragement for Gen X and younger, but the overall desire to own remains high. A Realtor.com survey found that 2/3 of Gen Z

Secure Your Future: Retirement Planning for National 401(k) Day

By Jordyn Windnagle - September 05, 2025
National 401(k) Day, celebrated each year on the Friday after Labor Day, is a timely reminder to check in on your financial future. Whether you’re just starting out in the career world or retirement is on the horizon, understanding your 401(k) and how it fits into your long-term goals is one of the most important steps you can take to build lasting security. why retirement planning matte

Financial Literacy Month: The Wealth-Building Benefits of Homeownership

By Jordyn Windnagle - April 16, 2025
April is Financial Literacy Month, a perfect time to explore how smart financial decisions—like homeownership—can create stability and long-term wealth. Whether you’re looking to buy or on the fence about homeownership, understanding the benefits of real estate can empower you to make informed choices for your future. 1. building your net worth through home equity Every mortg

Smart Savings: Simple Tips for Spending Less + Saving More

By Jordyn Windnagle - February 20, 2025
Finances have a major influence on many aspects of life. 2024 internal data from Bank of America, the second-largest bank in the country, found that nearly 30% of households spend more than 90% of their income on necessities. Having little to no excess funds can take a toll on your well-being and relationships. 25% of married couples cite money as their main source of marital strife. Retirement

Safer Internet Day: Spotting Online Scams

By Jordyn Windnagle - February 11, 2025
The internet has made life more convenient, but it has also created new opportunities for scammers to take advantage of unsuspecting users. With online scams becoming increasingly sophisticated, it’s more important than ever to be alert and learn how to recognize red flags. In honor of Safer Internet Day, here are some tips on remaining cautious and avoiding online cons.   1. beware

4 Topics to Familiarize Yourself With for Financial Planning Month

By Jordyn Windnagle - October 23, 2024
October is Financial Planning Month, so it’s a great time to review your saving strategy. If money talk stresses you out, you’re not alone. 73% of individuals report finances as their top source of stress, according to CreditWise. Additionally, 28% of Americans have less than $1,000 in personal savings and investments. Financial literacy isn’t commonly taught in schools, theref

An Historical Overview of US Interest Rates

By Jordyn Windnagle - August 28, 2024
Interest rates are a hot topic right now due to anticipated rate cuts at the next Fed meeting in September. While the Federal Reserve doesn’t directly control consumer rates, it sets the benchmark on how much banks can charge when lending and borrowing from each other. In turn, this influences the interest rates that banks charge consumers.  Between the subprime mortgage crisis, COVI

Decoding the Different Types of Mortgage Loans

By Jordyn Windnagle - February 19, 2024
The NAR’s 2023 Home Buyers and Sellers Generational Trends reported that 78% of all buyers financed their home purchase. Mortgages represent nearly two-thirds of consumer debt in the US and most come with a 30 year term. While mortgages are generally considered “good debt” because they provide stability and equity, it’s critical to choose the best loan type for your situa

Own Your Own Home Day: The Financial Benefits of Homeownership

By Jordyn Windnagle - January 21, 2024
The 21st of January is National Own Your Own Home Day— a celebration near and dear to our hearts at Danberry! Becoming a homeowner is a significant achievement that comes with many benefits, such as equity, freedom, and stability.  As Habitat for Humanity explains: “Homeownership promotes wealth building by acting as a forced savings mechanism and through home value appreciatio

2024 Real Estate Resolutions: Tips for Becoming a Homeowner in the New Year

By Jordyn Windnagle - December 28, 2023
One of the most significant ways to build wealth is through homeownership. Due to dramatic increases in property values, the majority of American homeowners have gained more than $100,000 in equity over the last decade.  As NAR Chief Economist Lawrence Yun explains, “A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about

Financial Literacy FAQ

By Jordyn Windnagle - April 07, 2023
April is Financial Literacy Month, a time when organizations, institutions, and individuals come together to promote the importance of financial education. With the economic challenges that many people face, understanding personal finance is essential to forging a more prosperous path. Here are some money and credit management FAQs to help you make informed decisions. 1. what are the factors th

The Beginner's Guide to Mortgage Lending

By Jordyn Windnagle - April 01, 2022
April is National Financial Literacy Month! Since the spring market is going full steam, it's a good time to discuss mortgages. If you're a first time buyer or haven't purchased in awhile, the lending process can be confusing. We're going to break down the basics of financing a home. preapprovals It's vital to get preapproved before starting your home search. A lot of buyer

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