So what is an emergency and when should you dip into your emergency fund? Well, most will agree that an emergency is something that is unexpected, say a trip to the emergency room due to something like an appendicitis. That is an emergency, and even though no one wants an emergency to happy, the time to plan for one is when life is going well.
Tweet First off, when I reference Grandparents, I am referencing those who were born in the late 1890’s to early 1900’s. In my opinion, that was the smartest generation. Actually, I even think my great grandparents were even smarter when it came to money, but for the sake of this post the two can be […]
Tweet Becoming wealthy is not about the amount of money you make. Stop laughing, it is true, as soon as you stop thinking you are going to gain wealth by making more then the quicker you will gain wealth. You get rich from educating yourself. You must learn how to manage your money, discipline yourself […]
Tweet Are you in the middle of a money mess? In debt? Maybe feeling all alone? Are you trying to deal with the situation all by yourself or are you involving your family? Are you sharing with them your fears? All too often I hear of one spouse keeping the total financial picture hidden from […]
Tweet The biggest purchase you will buy is a house. The biggest expense you will have is your house. Most likely the largest debt you will have is your house. Most people finance a house for 30 years, some even 40 years. This financing is what is called your mortgage. Many don’t care about the […]
Tweet When I was growing up and went to visit my Grandma she always had some dough left over from her pie baking. She would save it for me so I could play with it. It was just dough, but as a small child I enjoyed playing with it. I would squish it, stretch it, […]
Why Not A Low Interest Mortgage
Some say they have the full amount of their mortgage in savings and they are just using the bank for cheap money. Well, is it really cheap? Let’s take a look at a $70,000 mortgage at 3.92% fixed interest rate for 30 years.