Teach Plan Retire

When it comes to borrowing money, the length of your loan matters more than you might think. 🏦

A longer loan term can mean lower monthly payments - which sounds great! 👍 But here’s the catch: you may end up paying more in interest over time.

On the flip side, shorter loan terms often come with higher monthly payments but can save you money overall because you’re paying less interest. 💰

Before you sign, look beyond the monthly payment and consider the total cost of the loan. Finding the right balance can help you stay on track with both your current budget and your long-term financial goals. ✅

🔗 Article link: https://www.credible.com/personal-finance/how-loan-terms-affect-cost-of-credit

How Loan Terms Impact the Cost of Credit Learn about the differences between long- and short-term loans.

Sometimes the best financial advice doesn’t come from trend, it comes from experience. A recent article shares wisdom from a 79‑year‑old who built wealth the simple, steady way.

A few takeaways that really stand out:
💭 Let your values guide your spending, every dollar is a reflection of what matters most
⏳ Remember, you can earn more money, but not more time
📚 Invest in yourself - skills and knowledge pay off for decades
💳 Be mindful of debt, it can limit your future flexibility

None of these are flashy, but that’s the point. Good financial habits don’t need to be complicated to be effective.

🔗 Read the full article here: https://www.cnbc.com/2025/12/26/8-money-lessons-from-a-79-year-old-that-stand-the-test-of-time.html

8 timeless money lessons from my 79-year-old dad: 'Being cheap and being frugal aren’t the same thing' Money expert Brian Page shares the timeless financial lessons he learned growing up with a frugal father. "While others rushed to buy the newest car or gadget, he was content with what he had," he writes. "That mindset made him the quintessential millionaire next door."

When thinking of caring for your family, most people think about life insurance, but what about protecting your paycheck while you’re still here? 👀

Disability insurance is designed to replace a portion of your income if an illness or injury keeps you from working, with policies for either a short-term or long-term period. That means it can help you keep up with everyday expenses like your mortgage, groceries, and bills, even if you’re temporarily or permanently unable to work. 💡

Think of it this way: your ability to earn a paycheck is one of your biggest financial assets. Protecting it is a key part of any solid financial plan. 📊

🔗 Learn more here: https://www.fidelity.com/learning-center/life-events/what-is-life-disability-insurance.

Life insurance & disability insurance - definitions | Fidelity Wondering what life insurance and disability insurance are and how they work? Check out Fidelity’s definitions to learn what they are and how they compare.