A reverse mortgage (also known as a Home Equity Conversion Mortgage or HECM) is a mortgage product available to qualified borrowers who are at least 62 years of age and have equity in their home. The mortgage works the opposite of a “forward” mortgage which is paid down over time in that it grows over […]
Archive | 2011
Why I Don’t Care That The Stock Market Tanked
By Anthony Kirlew on August 11, 2011 in Financial Planning, Infinite Banking Concept, Investing, stock market
I don’t mean to be insensitive if you recently lost a lot of money. There was a time in my life when I really cared what happened with the stock market because it had an impact on my finances, my retirement, and my future. Last year, I fired the stock market. I learned that Wall […]
How to Avoid Small Business Bankruptcy
There are many times when small businesses don’t make it in the long run and eventually shut down. If the owner does not have a good business plan, projects soon get marred by debts and cash flow demands. Business strategies need to be formulated early, keeping long term goals in mind. Entrepreneurs who don’t understand […]
5 Years With No Mortgage Payments?
Yes, you are reading this correctly. According to a CNN article today a Florida couple has been living in their home for the past 5 years and has not made a single mortgage payment. To be frank, it didn’t really surprise me. Florida was one of the hardest hit states by the real estate bubble […]
Personal Finance Apps for the iPhone and iPad
This is a guest blog post from Hunter Richards from Software Advice. Personal finance isn’t usually fun, and losing track of your spending habits can be remarkably easy. But perhaps a new kind of budgeting and accounting tool can change the way we view our finances. As we all know, there are iPhone apps for […]
Forex Trading – What is It and Why is It so Popular These Days?
This is a guest blog post from Tom Cleveland, a market analyst for ForexTraders. It is quite difficult today to avoid on the Internet or on national television, for that matter, an advertisement touting the wonderful qualities of forex trading. The popularity garnered by currency trading over the past decade has been truly amazing, considering […]
Extreme Couponing – Who is Paying For It?
If you follow current events, I am sure you have seen the hype surrounding TLC’s Extreme Couponing. Like anything else, there are fans and haters and those who simply don’t care. I fall in the don’t care category, with one exception; I learned that I may be bearing the financial burden for extreme couponing. My […]
Unemployment Debit Cards to Save Banks Millions, Cost Consumers
This is a guest blog post from our friends at Credit Land, a website which features credit card selection and application assistance. The switch from paper checks to debit cards will save the U.S. Department of Labor approximately $4 million a year, but the underlying fees and costs are pinching consumers pockets. The program varies […]
