How To Save Thousands On A Mortgage Or Any Other Loan
Interest on the average home mortgage will cost the homeowner nearly TWO TIMES the cost of the home. If you were to purchase a $150,000 home with a $120,000 mortgage (80%), and you paid an interest rate of 9% for 30 years, you will have paid over $227,500 just in interest (in addition to the original $120,000). That's nearly two times the cost of the home! A credit card debt of $7000 (now the average) at 18% being paid at the rate of $20 principal plus interest each month will take over 29 ...Read the rest of this post »
September 9, 2010
Posted in: Finance
Taxes, Taxes, Taxes
Each April our thoughts turn to the coming of spring and the coming of the tax man. I hear a lot of people complaining about taxes at this time of year. Not just that they have to do their taxes and spend hours pouring over old records and trying to figure out indecipherable forms, but also musings and opinions about taxes in general. I often hear the opinion expressed that businesses, property owners and "rich people" do not pay their fair share of taxes. And I agree. I agree that they don't ...Read the rest of this post »
September 7, 2010
Posted in: Finance
Federal Stimulus Package - Do I Qualify For a Stimulus Package by the Federal Reserve?
According to the new Stimulus Package that President Obama put forth in order to help struggling homeowners with their mortgages, some but not all homeowners will receive the assistance they need. However, there are other measures to finding financial relief through other benefits from the Federal government. These include: * Social Security, Retirement, or Disability. * Veterans Affairs (VA) Pension, Disability, or Survivor's benefits. * Tier 1 Railroad Retirement benefits. What you need ...Read the rest of this post »
September 4, 2010
Posted in: Finance
THE REASONS FOR FINANCIAL FAILURE
"Money can't buy you happiness. But it helps you to be miserable in comfort." Why do people not achieve financial success? Reason One: Lack of knowledge: or more specifically, a lack of desire to gain knowledge. Make the effort to read about financial matters and you will learn. Many people don't know where to go for unbiased advice so they do nothing. Reason Two: Failure to set plans. Did you know that only 5 percent of the population sets goals and only 2 percent has any form of written ...Read the rest of this post »
September 3, 2010
Posted in: Finance
The Ten Steps to Financial Success
/p> We hope that you had a very merry Christmas and that the following new article may be informative and/or helpful for your e-zine, or on your web site. This piece is a summary of my booklet THE ROAD TO FINANCIAL INDEPENDENCE, as well as incorporating thoughts and extracts from THE MAD MONEY BOOK. Craig Lock's other articles (internet marketing, self help, writing and money) are available at: http://www.bridgeniche.com/ebooks/Ebooks.htm Please feel free to publish them in your ezine or web ...Read the rest of this post »
September 2, 2010
Posted in: Finance
THE STEPS TO FINANCIAL SUCCESS
Even in the "rich" developed nations of the world (most Western countries) 99 per cent of the population do not achieve financial success; because they lack the real commitment to achieve financial independence. I believe the reason for this is that most people are too busy earning a living to survive to really THINK about how to make "big money". Really use the unlimited power of your creative imagination to think about HOW you can create ultimate financial independance for yourself. However, ...Read the rest of this post »
August 31, 2010
Posted in: Finance
Obama's First Time Home Buyer Stimulus Plan - A Breath of Fresh Air For Home Buyers?
Now comes Obama's first time home stimulus plan with its promise of an excellent opportunity for first time homeowners to have a piece of the American pie. This plan is seen by many as a way to stimulate the housing industry and bring the economic status of America back to its former glory. The economic stimulus plan was just enacted by our President of the United States, to give a first time qualified homeowner a firm toe hold to obtain that all American dream home, complete with the ...Read the rest of this post »
August 29, 2010
Posted in: Finance
Obama's First Time Home Buyer Stimulus Plan for 2009
The US economy has been suffering for some time and when the recession of 2008 crept in it was obvious to many that something had to be done to stem the tide of worry and disillusionment among our citizens. In 2009 President Obama signed into being an economic stimulus program that was aimed especially at first time home buyers - people who had either never owned a home or who had not owned a home within the last three years. This remedy became necessary when people began suffering after the ...Read the rest of this post »
August 28, 2010
Posted in: Finance
Building Business Credit Without Personal Guarantee - A How-To Guide
Can you think of building business credit without personal guarantee when nothing in your business is going your way? Yes, you can, that is what corporate business credit advice is for. An expert sees to it that you are provided with that the all-important way to get the money to run and to continue operating. However, a business loan that has too high on interest quotient will defeat the very purpose of getting the loan and the poor loanee will only be able to keep to the ...Read the rest of this post »
August 25, 2010
Posted in: Finance
Stimulus Package For First Time Homebuyers
If you are a qualifying homeowner, here's what you need to know about what the Stimulus Package can do for you: You may be eligible for receiving a tax credit only if you or your spouse are first-time homebuyers and have not owned a residence up to three years prior to the time of your application. You may still qualify if you own a rental or vacation property. You may receive up to $8,000 or 10% of the home's purchase price, determined by the lesser value. Only homes purchased between ...Read the rest of this post »
August 24, 2010
Posted in: Finance