Townstone Financial

Monday Blues? Turn that into GREEN when you tap the equity in your home with a home equity loan or line of credit. Consolidate those payments into a single new mortgage with fixed or variable terms! Inflation at Wimbledon? The price of strawberries and cream remains frozen for a tenth consecutive year – locked in an inflation-proof bubble at £2.50 (just over $3). Congrats to Carlos Alcaraz on his victory over Novak Djokovic in a match that almost lasted 5 hours! How loyal are you to your bank? Per Matt Levine of Bloomberg: “Relationship businesses in general are on the decline. In a world of electronic communication and global supply chains and work-from-home and the gig economy, business relationships are less sticky and ‘I am going to go into my bank branch and shake the hand of the manager and trust her with my life savings’ doesn’t work. ‘I am going to do stuff for relationship reasons, even if it costs me 0.5% of interest income, or a slightly increased risk of losing my money’ is no longer a plausible