No, No, No! Do not use your home equity to buy Furniture or Buy Christmas Gifts! Just say No!!!

Updated: Dec 28, 2019

No, No, No! Do not use your home equity to buy Furniture!!! Do not use a HELOC to pay for a vacation or for Christmas Gifts. You should not use a HELOC to remodel your house.

Home Equity is the single most important deteminant of net worth for the ordinary American. Does it make sense to you to spend part of you net worth (home equity) on things that have little or no value in the future?

Sadly this is another example of slick marketing by a consumer bank trying to convince YOU to borrow more money to make their bottom line look better. Not Yours! Remember. Be WalletWise!

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Ken Remsen has passed a criminal background screening

Candidate AFC®, Association for Financial Counseling and Planning Education

Member, American Association of Daily Money Managers

Insured, Lloyds of London

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