For most of us, buying a home will be one of the most significant investments ever made. Why, because we are using a large amount of money to purchase a home. Why not use our investment to make money while we are living in the home. Most homes appreciate over time building equity. “Equity is the difference between the market value of your home and the amount you owe the lender who holds the mortgage.” […]
The biggest hurdle facing the homebuyer today isn’t financing, house hunting, or finding the right agent to handle their transaction, but what is commonly known as “Renter’s Mentality.” The Renter’s Mentality simply stated is one that says, “I pay you to rent on the first of every month, and you assume responsibility for my living conditions. The keyword in this statement is responsibility. The average renter is accustomed to having little or no responsibility for […]
Every day, we, as consumers, are bombarded with literally thousands of advertisements touting mega deals and huge discounts. I usually subscribe to the old adage that if it isn’t broken, don’t fix it, and if it’s too good to be true it’s probably not. As typical consumers, we like to shop for deals and discounts. We can’t seem to help ourselves. Deals and discounts can be very important when it comes to saving money and […]
Grants and Scholarships are considered gift Gaid because students do not have to pay them back. However, it is important to understand the requirements of the grants and scholarships so that students can maintain those that are renewable throughout their academic careers. Especially with scholarships, it is important to know the duration of the scholarship so that this does not affect affordability after the freshman year. The great news is that there is no limit […]
If you’re self-employed, your primary focus, especially in your entrepreneurial effort’s early years, likely is to just make sure your business survives. But once you’re on a stable business footing, it’s wise to look into tax-deferred retirement plan options for your small business. 1. Simplified Employee Pension (SEP): One reason that SEP plans are popular is that they are easy to set up and maintain. You can establish a SEP with a simple one-page form, […]
