Living for today - Planning for Tomorrow
I just read about a roadshow that teaches kids the basics about money. I suppose it’s a start. My preference would be to have a full curriculum in our schools to teach younger kids about personal finance. Since we don’t have that, I guess we have to be glad that at least someone is making an attempt to teach our children about money. This program is
I guess it’s a sign that it’s getting harder for the banks and mortgage companies to find someone to loan money to. I continue to get more letters from various lenders telling me that I am qualified to either refinance my home mortgage with them or take equity out of my home. The latest is from my actual mortgage company. The top of the page
You look in the couch cushion for a down payment Anything at your workplace is deep fried You know any bill collector on a first name basis Your car payment is more than 30% of your take home pay You are on a payment plan at the local payday loan office Your credit card minimum payment is more than 15% of your take home pay
I read a great article in the local paper here about a couple that has found themselves in a high stress situation. They simply can’t afford their home. They have an 80% value mortgage and a 20% “extra” loan for their home. Due to their credit card debt, they couldn’t get a standard mortgage so they found someone that offered a solution for them. House
I was flipping channels yesterday while I was taking a break from working on the cabin. Out at our family cabin that is across the street from the place we are building, we only have about 8 channels. My parents really only wanted the basic channels since tv isn’t much of a priority out there. One of the channels you get, no matter which cable
Here is a post that was previously posted back in March of 2005. If you haven’t reviewed the ELYM archives, you may want to take a peek. ———- As you’ve read through all of these articles, have you found yourself thinking that you should have done a few things different? Could you be better off now if you had made different decisions earlier on? Do
Ahhh, the many things I’d like to buy. Near the top of the list is a GPS unit. Do I really need one? Nope. This is clearly in the “WANT” category but I’d still like to buy one. Maybe you already own one? Your price point was obviously higher than mine. I almost bought a GPS unit when I purchased my car a couple years
We’ve all heard the phrase, “Keeping up with the Jones’”. If you don’t know what that means, it’s really quite simple. Basically it is a phrase used when one person compares what they have to what someone they associate with has. That sounded a little confusing. Let me give you an example: Bob lives at 123 Main Street. From the outside, it looks like Bob
Yahoo has a good article explaining how all the taxes that you send in are spent. Here are the highlights: Social Security: 21% Military: 20% Aid to the Needy: 16% Medicare: 15% Interest on the Debt: 10% Health and Education: 4% Civilian and Military Retirements: 4% Veterans Benefits: 3% Transportation: 3% Other: 6% So there you have it. I have to admit it’s pretty amazing
There is a great post over at Scottburns.com about Home Depot. I remember reading Scott’s column regarding his experience at Home Depot and I just shook my head. I have had my share of frustrating experiences there. Most of the time it’s related to the length of time it takes to get through the checkout lines. I’ve literally sat there for 25-30 minutes to get