Tag Archive: discretionary money

Deep in Debt? Take These Drastic Steps

We’ve heard a lot of discussion about the toxic assets held by our financial institutions. Here’s what hasn’t been explicitly stated too often – in order for these financial institutions to have toxic assets, many of us must be carrying toxic debt.
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We’ve seen government at all levels, corporations, and yes, individuals borrow more and [...]

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A Better Way to Pay Off Your Mortgage Early

Over the years, a number of ways have been touted to pay off a mortgage early. Recently, we’ve seen a number of solicitations for a new way to do it.
The basic idea is to take out a Home Equity Line of Credit (HELOC) with your chosen bank. You use this account like your primary checking [...]

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