Author Archive
To Buy or Not to Buy a Hybrid Car
Ever thought that 60 miles per gallon would cut your monthly gas bill in half? Me too. The idea of the hybrid is almost too good to be true. And from a financial standpoint, it is too good to be true. The following information is a cost comparison between the Honda Civic Sedan and the […]
Advice on How to Ask for a Raise
Yes, you have been working for a while at your current job. Yes, you have been working hard. Yes, you have made some definite positive changes for the company. Now it is time for you to make some more money. But the question is, why won’t the boss give it to me? The answer is […]
Some Simple Realtor License Questions Answered
To have or not to have a realtor license, that is the question. And the logical answer really depends on your situation, mainly:
1. Do I live in a market where homes are valued very highly (average sale price is $200,000 or greater)?
2. Do I intend to live in the […]
An Overview on Reverse Mortgages
A Reverse Mortgage HECM, sometimes referred to as a Home Equity Conversion Mortgage (HECM), is a special type of home mortgage that lets a homeowner convert a portion of the equity in his or her home into money in their pocket. Simply put, a reverse mortgage is the exact opposite of a regular mortgage. The […]
Personal Finance Guidelines for Stretching Your Paycheck
In this post, I would like to present personal budget guidelines, and hopefully, point out some potential holes or problems in your budget. The goal here is of course, to help you find ways to increase your disposable income, or the amount of money left over after all bills are paid. After reviewing […]
Education and Information on FHA Loans
FHA loans were originally created for the first time home buyer as an assistance program. FHA (Federal Housing Administration) began “backing up” or insuring certain loans for mortgage companies, savings and loans institutions, banks and other lenders to convince them to lend to first time buyers. The program worked so well, that it is now […]
Using Online Credit Counseling to Ease the Burden of Embarrassment
If you have been struggling to get rid of harassing creditors, then online credit counseling may be the way to go. Online credit counseling can be purchased, but there are also free and non-profit organizations available. You can go to a credit counselor if you like, but going in to see a counselor face to […]
Definition of a Traditional IRA
A Traditional IRA (Individual Retirement Arrangement) is one of the most popular methods Americans use to save for retirement since it is an extremely versatile and simple. A Traditional IRA is a personal savings plan that gives you tax advantages for setting aside money for retirement. Taxpayers want to invest in an IRA, but when […]
Definition of an Interest Only Mortgage
The interest only mortgage is a relatively new term, and not many home buyers are aware of its existence. An interest only mortgage is the only type of mortgage loan that has regular monthly payments that are only applied towards interest on the loan, and not the principal for the first years of the term […]
Myths and Reality of Guaranteed Car Finance
Guaranteed car finance companies have helped thousands of customers who have different past credit problems to finance the purchase of a new or used car. Some people need guaranteed car finance simply because they have no credit history. So, thank goodness for guaranteed car finance arrangements whereby you can find a car you like and […]
