What Makes Your House a Unique Investment?

One of the biggest misconceptions many homeowners have is that their house is the best investment they’ve ever made. Let’s take a closer look. If you purchased a $250,000 house in 1990 and put 100% down (paid $250,000 cash), and sold it in June 2003 for $600,000, you would have realized a $350,000 profit, which is a Read More >

Is Your House a Good Investment?

Have you ever wondered if your house is a good investment? Chances are you have. Let’s face it; you bought a house because you believed it would rise in value over time. Admit it. If you were certain it would fall in value, you wouldn’t have bought it. You would have rented instead. For many Americans, the house has Read More >

Credit Is Debt In The Absence Of Collateral!

It’s virtually impossible to avoid debt in today’s society and Americans have shown that they have no problem taking on debt if it will enable them to have the things they want now instead of at some future date. According to www.nerdwallet.com, as of August 2014, Americans have approximately $880 billion in Read More >

If The Miracle of Compound Interest is Real, Why Aren’t We All Rich?

Throughout our income earning years a significant amount of money will pass through our respective hands. During that time we will transfer a lot of those hard earned dollars to others, such as the IRS, banks, credit card companies, mortgage companies, etc… Some intentionally and some unintentionally. Some of those Read More >

It’s How You Use Debt That Makes the Difference!

There are only three ways to pay for anything you buy: 1) pay cash, 2) borrow (finance), or 3) barter (trade). For many of us paying cash is not an option and, realistically, neither is bartering, which leaves borrowing. Borrowing in and of itself is neither good nor bad. Borrowing is simply a method of paying for Read More >

Did You Know That You Finance Everything You Buy?

It’s true. Everything you buy is 100% financed! You may be thinking if you paid cash you didn’t finance anything. Consider this: If you borrow money, a lender finances your purchase, and you pay interest to the lender for the use of their money. However, if you pay cash, YOU finance your purchase. You self-finance. You Read More >