A down payment on your first house is probably the largest single sum of cash you'll ever put together outside of retirement savings. Where should you stash that cash? Here are three options to consider — and two to stay away from.
For homeowners who owe more on their home than it’s currently worth, convincing the bank to accept less money than the loan is the only way to sell. But there are drawbacks. Here’s what you need to know about short sales.
Envious ladies across the world are abuzz about the upcoming Royal Wedding – the dress, the ring, the colors! Oh my! With a price tag of around $48 million, it makes the average American wedding, coming in just under a measly $27,000 seem almost affordable. For those of you planning your own not-so-royal affair, check
(source) Money and marriage can, unfortunately, often go together like other infamous pairings. Think mongoose-snake, or Charlie Sheen and self-control. It is also often true that opposites attract – and if you found your true love in a partner who is very different than you, most likely your views on finances may not be exactly
Getting a mortgage loan is rarely quick or easy. Unlike, say, buying a new TV, the process of applying for and actually receiving a mortgage can take a significant amount of time. Because of all the steps involved, there are many chances for the unprepared home buyer to make mistakes. The good news: properly understood,
All U.S. President have their own story of how they came to power, and for some, wealth. Some came from or married into wealth, while others never had much to speak of. A small handful were penniless or poor when they died. Not only has Presidents’ private debt fluctuated over the years, so has public
The debt you carry is not simply made up of your monthly payments and interest rates. Many other factors should be considered when you think about the real cost of your debt, including your cash flow, the terms of your loan and your borrowing behavior. Do you know what it really costs when you finance
Eliminating your debt is an ambitious goal that requires planning and sacrifice in order to achieve. Though it isn’t always easy, living debt free can take a lot of stress off of your shoulders and free up money for financial goals you may not be able to reach right now. So what are some strategies