A mortgage broker is a person that works in between the lender and the borrower. To put this in a more common language, the broker is the person that will collect information from you and then use their connections to get you in touch with the lender that matches your needs. They will check your requirements and finances and find you a lender willing to collaborate with you. From then they will collect your paperwork and deliver it to the lending … [Read more...]
How to plan and save for your first home
It takes time to plan and save for your first home. But having your own home can be an excellent long-term investment. Few people truly understand the opportunity that homeownership provides. Fortunately, if you follow this step-by-step process, you can enjoy many of the benefits that come along with owning a house. … [Read more...]
Save Money In 2021
I woke up on New Year's Day knowing I wanted to take steps to save more money and save better in 2021. But how to do it? I decided to break down my plan into four basic steps. Identify New Risks And Save Accordingly I have a savings plan that includes an emergency fund, savings for travel and “pay yourself first” purchases, and retirement. That’s an over-simplified version but those are my three major areas. In my emergency fund, I’ve tried … [Read more...]
What are the advantages and disadvantages of saving money?
Money. It's what makes the world go 'round, right? And those of us in the personal finance world talk a lot about ways to save money, ways to make more money, and how to make that money go farther. But what are the real advantages and disadvantages of saving money? Disadvantages of Saving Money Let's start with the disadvantages. First off, saving money means you aren't spending it. And it is possible to be too frugal. Are you doing … [Read more...]
3 Easy Money Challenges to Get Your Finances In Order
Do you need easy money challenges to help you to save money and get your finances in order? While it’s true that you shouldn’t expect a money challenge to solve all of your financial issues, the discipline of these challenges and the creative thinking involved can help you to think differently about your spending habits. Breaking the old bad habits of the past is key to establishing new, healthier spending choices for the future. Here are … [Read more...]