The the Dow Jones has dipped about 70 points in the first half of the day. The Nasdaq index has fallen 25 ponits. Traders are weary about the upcoming Fed meeting where experts are predicting that they will raise the interest rate. Tuesday, the Fed will meet to discuss making adjustments to [...]
13 Sep
Posted by author as Budget Tips, Mortgages, Real Estate
A Money Crasher reader and personal friend of mine asked me a question about how her and her husband should plan to start a family while trying to save for a house. She wants to be a full-time mom once they start having kids, and he’ll be making about $60k in the next 3 [...]
12 Sep
Posted by author as Mortgages, Real Estate
USA Today has an article about homeowners who are paying more than 30% and more than 50% of their household income towards their mortgage. Here are the statistics from the Joint Center of Housing Studies at Harvard University.
Homeowners with mortgages spending at least 30% of income on housing:
2000: 27%
2005: 35%
2007: [...]
11 Sep
Posted by author as Careers
If you haven’t stumbled across the Brazen Careerist blog written by Penelope Trunk, I suggest that you check it out. She gives great career and start-up business advice.
She writes references an article wriitten by Ryan Healy college graduates going back home to live with their parents.
After reading this article, it [...]
11 Sep
Posted by author as Insurance, Investing, Spending and Saving
Before I begin the topic of this post, I just want to recognize all of the men and women that lost their lives six years ago today, whether they were in one of the airplanes, in the twin towers, or trying to rescue survivors. Your lives were taken by a bunch of cowards, and [...]
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Food costs are rising. Have you noticed the rise in milk, vegetables, orange juice, and other staples in your refrigerator? Grocery stores are becoming more gourmet and all-natural foods carry a higher price tag. It’s very easy to leave the grocery store and spend just as much money as you would have [...]
08 Sep
Posted by author as Entrepreneurship, Financial Links, Random, Spending and Saving
My colleague over at Lifespy wrote these two articles:
How To Make Money. A comprehensive tutorial about the most common ways to make money. My favorite parts were his insights about saving money with other monthly bills rather than cutting out life’s little luxuries and knowing when taking a second job is [...]
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06 Sep
Posted by author as Budget Tips, Credit and Debt
I am a strong believer that eliminating your debt is the first step to becoming wealthy. Once you are debt free, there is nothing holding you back from saving a higher percentage of your income. Think about how much of your household income goes to credit card payments, car payments, and other miscellaneous [...]
05 Sep
Posted by author as Consumer News, Giving, Insurance, Taxes
This is not a political blog, but the issues that Ramsey talks about on this video are definitely political issues. My challenge is for you to research the presidential candidates before you vote in a year. Make sure that you choose a candidate that not only agrees with your foreign policy and selsocial [...]
04 Sep
Posted by author as Buying Cars, Credit and Debt
Here is a question submitted to me from one of our readers. He is having trouble with being upside down on a car loan. He makes $42,000 a year household income. I will post the question answer it based on what I would do if I were in his shoes.
I [...]