By: Frugal World Personal Finance Views: 6035 | Comments: 0 | Votes: 0
It doesn't take much for you to get behind on monthly bills, but it sure takes some time to catch up. The comparison in my mind is to weight gain. A one-week vacation can easily pack on 5 to 7 pounds. Losing that weight however, can take a good month of cardio. Let's get real here. Debt is an overpowering epidemic in America. It's growing every year. Start with any program you like. More
By: Peter Suhai Personal Finance Views: 3372 | Comments: 1 | Votes: 0
Wealth Building Tips: Develop a budget and stick to it. Save money so you're prepared for unforeseen circumstances. You should have at least three to six months of living expenses stashed in your rainy day savings account. Pay off credit card balances monthly. More
By: Art Of Saving Personal Finance Views: 2211 | Comments: 0 | Votes: 0
10 Ways to Save $50 a Month1. Save up to 50% per month on convenience cleaner cloths by cutting them into half, i.e. dryer softener cloths, face cleanser cloths, etc. Savings: $5 per month 2. Find more thoughtful gifts and buy when the item is on sale, shop for birthdays and holidays throughout the year not at the time of the events. Savings: $10 per month 3. Savings: $25+ per month 7. More
By: Amanda Gleason Personal Finance Views: 3350 | Comments: 0 | Votes: 0
The American home is much different today that it was 50 years ago. Sure, I wasn't around then, so I don't know for certain, but from what I've heard from my parents and grandparents, families lived differently. One major change, that came into many American homes around that time, was the introduction of the home television. It wakes you up in the morning, it puts you to bed at night. More
By: Art Of Saving Home Loans Views: 2057 | Comments: 0 | Votes: 0
A home equity line of credit means a homeowner can use his home as collateral for a loan. In other words, your home can be a source of credit to pay for education, purchase of a car, retirement plans or improvement of home. The bank or the institution will provide you the detailed information as to how you can make use of HELOC. Interest rates are subject to change now and then. More
By: Goldfish Home Loans Views: 2524 | Comments: 0 | Votes: 0
Using a credit line to borrow against the equity in your home has become a popular source of consumer credit. And lenders are offering these home equity credit lines in a variety of ways. You will find most loans come with variable interest rates, some come with attractive low introductory rates, and a few come with fixed rates. No one loan is right for every homeowner. and abroad. More
By: Goldfish Home Loans Views: 3052 | Comments: 0 | Votes: 0
Many consumers age 62 or older are "house-rich and cash-poor" — their mortgages are paid off, but they are living on fixed or limited incomes. A "reverse mortgage" may allow some consumers to take advantage of their home as a valuable asset and convert it to a source of income without losing home ownership. To qualify for a reverse mortgage, you must own your home. and abroad. More
By: WiseSaver Home Loans Views: 14380 | Comments: 0 | Votes: 0
If you put less than 20 percent down on a home mortgage, lenders often require you to have Private Mortgage Insurance (PMI). PMI protects the lender if you default on the loan. The Homeowners Protection Act of 1998 - which became effective in 1999 - establishes rules for automatic termination and borrower cancellation of PMI on home mortgages. For these loans, your PMI may continue. More
By: Art Of Saving Home Loans Views: 2094 | Comments: 0 | Votes: 0
A loan in which real estate is used as collateral - a guarantee that the loan will be repaid and on time - is usually called a commercial mortgage. While it is much like a residential mortgage, the difference is simply that the collateral and the building purchased with the mortgage is used for commercial rather than residential purposes. More
By: Art Of Saving Home Loans Views: 2178 | Comments: 0 | Votes: 0
A lot of people find the idea of dealing with all of the problems attached to buying a home very daunting. This is important but there are also many other things that you need to take into account. This is probably not the best way to go about it. A far better approach would be to sit down with a calculator and figure out exactly what you can afford to spend. More
