Entries Tagged as 'interest'

First Ever Pennywise Movie Review

June 9th, 2009 Comments

I wish I could recall how I learned about this movie, but I heard it was a must-see indie film. Since my interest is in finance, and my family is following the “Total Money Makeover” plan to get out of debt and live life without it, I decided to take a look.
This independent documentary [...]

Tags:

Day 16: Paying off Credit Cards With Home Equity?

April 24th, 2009 Comments

I know a lot of people who’ve tried to “borrow themselves out of debt” recently.
It makes sense at first glance to pay off your credit cards at 10% with a home equity loan at 6 or 7 percent. Especially if you’re in really deep. And after all, you’ve got all that home equity just sitting [...]

Tags:

Day 4 of 21: For Community and PF/Literacy

April 10th, 2009 Comments

This is day 4 in a series for the month of April: Financial Literacy Month.I stumbled upon The Motley Fool a long time ago. I remember learning about stock-trading via a game they had (way back when E*Trade first launched). I have since kept using Motley Fool occasionally whenever I want to learn something [...]

Tags:

Day 1 of 21 Days of Financial Literacy: DebtGoal.com

April 7th, 2009 Comments

This weeks’ featured topic will be Debt.
The first free Web resource that I’d like to feature is DebtGoal.com.
DebtGoal is an online debt calculator system that helps you to beat your debt. It calculates payoff times and a goal and “debt repayment budget” from the debt information you provide. I initially set up my account to [...]

Tags:

Living great, despite the layoff

April 2nd, 2009 Comments

We’ve now reached the point (just a few months in) where I’ve completely replaced my previous work-outside-the-home income with my mobile notary business and my freelance writing. By implementing the tips I’ve been outlining here–even post-layoff our family is coming out ahead of where we were six months ago financially, as well as in peace [...]

Tags:

Today’s Activities

March 23rd, 2009 Comments

Today Rob and I checked out SmartHippo.com again and decided how to approach our refinancing project. We had our first mortgage, as well as a home equity loan of $15,000. Our first mortgage was at something like 5.5% and the HELOC at 8%. We were able to refinance both into 4.5% with [...]

Tags:

All Ad Money Gets Snowballed!

March 19th, 2009 Comments

I’m an investor at Lending Club. I started out putting in just $100 because a friend suggested I try it. Now I think I’ll be contributing more frequently. You see, despite my broker’s best efforts (I am not loosing money in the market right now), my lending club is earning 10.98% while my IRA is [...]

Tags:

Time to Refinance?

March 12th, 2009 Comments

Back in January I blogged here after reading a magazine article that explained how to know if you should refinance. It’s a tricky question for many of us. I’m personally on the fence about refinancing the condo we’ve had for five years. We’re *this* close to listing it for sale, but at the same time, [...]

Tags:

Paying off your mortgage by burning the candle at both ends.

March 9th, 2009 Comments

I met with someone today who mentioned in passing that he was refinancing into a lower-rate 30 year fixed mortgage. But he really wants to be debt-free in twelve years. He just needed to think of how.
I suggested, why not attack his mortgage from both ends? Rob and I have been [...]

Tags:

Our five FREE steps to financial Freedom

February 27th, 2009 Comments

I’ve been trying to make the best of the permanent layoff that came my way in early December. I started a business, I’m also writing and blogging. Without commute time I find myself with a lot of free time. I’m definitely enjoying the flexible lifestyle.
One of the things I’ve decided to tackle is households’ [...]

Tags: