Managing the household budget is a tough job and at times it is made much more harder by the fact that some parents are thinking about what financial gifts they can leave behind for their children. Are they supposed to be saving some society-accepted amount to leave behind for their children? Are they being bad […]
The Need For Personal Finance in High School
Our kids are learning a lot in school but personal finance is not one of them. From interacting with classmates and learning how to read and write in starter years to a more formal curriculum as they progress up the educational ladder. As they get to high school, they get more serious in studies in […]
Splitting Household Costs between Marriage and Finances
It is very important to come into financial terms with your spouse when entering marriage. Not only do you have to know you and your spouse are compatible you must also make sure your financial aspects are compatible. Believe it or not, the majority of relationships fail because of financial tribulation between the man and […]
5 Reasons To Not Buy A House This Year
I recognize the fact that interest rates are just about at an all-time low. I’ve seen a 30-year fixed mortgage with a low annual rate of 3.375%, and it’s hard to believe that rates will go much below this. However, I found an article today that made me sit up and take notice. It offered […]
How Tough Is It To Get A Mortgage These Days?
The US market for homes peaked in early 2005, began to decline 2006 and 2007 and then reached new lows in 2012. The home price index reported by Case–Shiller showed that in December of 2008 there was the largest housing price drop in history. This marked the bursting of the housing bubble. Since then, money […]