Will Banks Settle for Less Than I Owe?
Yes. Think about it. Anyone who lends money does so understanding that there is a risk that the borrower will refuse, or will be unable to re-pay the loan. Let’s do a quick example on $100,000 at 4%...
View ArticleTax Refunds Are Bad For The Economy
So you say you’re getting a tax refund this year? Isn’t that delightful. Now you’ll have “extra” money with which you can do whatever you like. Most likely you’ll consider it a bonus of sorts and it...
View ArticleIt’s Costing You $5,000 Per Month to NOT Save
I have many female friends who don’t save money. I’m not sure why, but I have some ideas. Perhaps they’re waiting for their sugar daddy to save them. Who knows? I don’t mean to pick on the ladies...
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August Report
Another month gone by and as I sit with my paper and pencil, rehashing the plan I set out to follow on the first of August, I’m reminded at how difficult budgeting is. It’s not because it’s hard to...
View ArticleTax Deductions are Not an Excuse to Spend Money
In reference to the idea of having 100% equity in a home, in other words, owning it free and clear, I write: It amazes me every day that the following calculation is overlooked. If the annual interest...
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