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Do I think it’s wise for you to pay off your mortgage early? You may as well ask me if I think it is a good idea if you paint your living room sage green. I used to think paying off your mortgage was an absolute no-brainer. Then I did a complete 180, changing direction like one of those day-glo orange heliport windsocks. Oh yes, I did. After resurveying the macroeconomic condition of the Continue reading 12 Good Reasons Why You Should (and Should Not) Pay Off Your Mortgage Early Reverend Len from the First United Church of Our Lady of Blessed Household Finances is back in his pulpit and I know you all know what that means… Yep. It’s time for another homily for my small but faithful congregation! I’ve already showed you how faithfully following my ten commandments of personal finance will guarantee you financial freedom. Can I get an Amen, people!? I’ve also explained the evils of the seven deadly sins Continue reading Beware The Four Horsemen of Personal Finance Presidents Day is set aside for us to remember the accomplishments of those few special men who have occupied the White House. While we remember our presidents for their skill, their courage, and occasionally their failures, it is rare that anyone thinks about their personal financial situations. Yes, several of our most famous presidents, including those February birthday boys, George Washington and Abraham Lincoln, suffered from serious debt problems during harder times Continue reading Six American Presidents Who Suffered with Personal Debt Problems For some strange reason, I’ve seen a lot of bloggers recently writing about why they love a particular credit card of theirs and then, two paragraphs later, why they hate one too. I just don’t understand it. What’s with everybody’s sudden fascination with their credit card? It almost makes you think there must be some sort of contest going on. Well, doesn’t it? So just to cover my bases, I figured I’d add another Continue reading Top 10 Reasons Why I Love (and Hate) My Credit Card This is a guest post by Jennifer Lohan from Finance Buzz for Us. If you allow your debts to pile up, they can draw you into a vicious debt cycle. You can try to solve the debt problems on your own by implementing some severe austerity measures such as cutting spending to the bone, and selling luxury items to free up cash. You can also look at getting assistance from a Continue reading Why Now Is The Best Time to Pay Off Your Debts There are hundreds of reasons to get aggressive when it comes to paying down your debt. Some of these reasons are unique to individuals and their particular financial circumstances, but most cross the boundaries of personal situations to find common ground among those who owe money. While debt, in certain contexts, is not necessarily a bad thing, you don’t want it restricting or altering the way you live. That’s one Continue reading 9 Reasons to Get Aggressive With Your Debt Busting Yesterday the Honeybee and I got another dividend rewards check from our credit card company – this time for $247.10. I love it when those checks come in, as we use the money to treat ourselves to a nice dinner, night on the town, or other fun activity. Over the past several years we have earned over $1500 for nothing more than using our credit card! We get these checks because we Continue reading Quick Tip: The Easiest Money You’ll Ever Make The other day the Honeybee and I were watching the two-millionth episode of House Hunters (or was it Buy Me ?) when the host mentioned something that sent a shiver down my spine. Apparently, the unwitting owners of a condo found that their home was built on land subject to something called an emphyteutic lease. Of course, I had no idea what the heck an emphyteutic lease was, but I knew Continue reading What’s an Emphyteutic Lease? (And Why You May Want to Avoid One) In January 2009 I wrote one of my most popular posts to-date entitled Paying Off Your Mortgage Early Is A No-Brainer. In that post I did a detailed analysis that justified why paying down my mortgage was the right thing to do. That Was Then, This Is Now Of course, that was before all of the corporate and homeowner bailouts approved by Congress. That was also before President Obama decided to go Continue reading Paying Off the Mortgage Early? Not So Fast… |
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19 Things Your Suburban Millionaire Neighbor Won’t Tell You
That’s right. Although having a million bucks isn’t as impressive as it once was, it’s still nothing to sneeze at.
In fact, Reuters reports that in 2009 there were 7.8 million millionaires in the United States.
That’s a lot of people, people. And the odds are one or two of them are living near you.
Heck, one of them might even be your neighbor. In fact, the odds are very good that it
Continue reading 19 Things Your Suburban Millionaire Neighbor Won’t Tell You