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What To Do With Excess Cash: 7 Ways to Use Extra Savings

What should you do with excess cash? If you are holding too much cash, consider how to use the extra money to your benefit. If you have extra cash in the bank, you may be wondering if you should invest the money or pay down debt. Assuming you already have…

Kristin McKennaMay 27, 2020

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Low Rates Create Big Opportunity to Refinance Student Loans, Particularly for Doctors and Dentists

According to a recent NerdWallet household debt study, dentists and doctors have some of the highest student loan debt balances compared to other types of professionals. At any income level, managing a six-figure debt load can be very difficult. To further complicate the matter, many doctors and dentists already have…

Kristin McKennaApril 2, 2020

Debt Management Forbes Interest rates Mortgages Real Estate Updated for 2020

With Mortgage Rates So Low, Is Now a Good Time to Refinance?

With 30-year fixed mortgage rates currently averaging around 3.50%, it might make sense for homeowners to consider refinancing. Depending on several factors, such as your current interest rate and age of your existing mortgage, refinancing could mean a lower monthly payment and big savings over the life of the loan.…

Kristin McKennaMarch 26, 2020

Cash Management Current events Debt Management Home buying Interest rates Investing Mortgages Real Estate Updated for 2020

Is Refinancing Your Mortgage Worth It? Here’s How Much You Could Save

Mortgage rates are currently very low - the average 30-year mortgage is now 3.50%. It might make sense for homeowners to consider refinancing. How much could you save from refinancing your mortgage? Here's how to tell if refinancing your mortgage is worth it. This article will explore much can refinancing…

Kristin McKennaMarch 2, 2020

Budgeting Debt Management Forbes

Good Debt vs Bad Debt

This article was written by Darrow advisor Kristin McKenna, CFP® and originally published by Forbes. (more…)

Kristin McKennaNovember 28, 2018

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Should You Pay Off Your Mortgage Early?

Even if you can pay off your mortgage early, should you? If you have excess cash burning a hole in your pocket, consider the opportunity cost of paying down your mortgage early instead of using the funds to invest elsewhere. While you will save on a portion of the interest…

Kristin McKennaSeptember 21, 2016