Tag Archive: interest rate

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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Are You Throwing Money Away by Owning Your Home?

We all know that the three essentials for living are food, clothing, and shelter. We definitely rent our food. Do we rent or own our clothing? Hmmm.
Part of the American dream is to own your own home. And there are good reasons to do so. For instance, a Federal Reserve study[pdf] shows that the average [...]

 
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9 Questions to Answer Before You Make Extra Mortgage Payments

Bigg Challenge One of our listeners, Randy, is considering making paying his mortgage every two weeks instead of every month so he can pay it off faster. He wants to know if this is a good idea..

 
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Bigg AdviceWe can’t give you a direct answer, Randy, but we will give you nine questions that will help [...]

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