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Fixed annuities have a lot of appeal to people who have a distaste for market fluctuations and like to play it safe. By purchasing a fixed annuity you invest a certain amount of money and in turn either receive checks periodically or take home a lump sum at the end of the term — e.g., [...]
You should know right up front that while my wife and I have a mortgage, one of our top financial goals is to have it paid off by the time our kids enter college (some seven or eight years away). To get there, we’ll have to invest a significant portion of our income towards pre-paying [...]Post by Frugal Dad
Mortgage escrow accounts are a fact of life for most people with a mortgage. In most cases, your escrow account runs in the background and you probably don’t think about it unless something goes wrong. You just make your monthly mortgage payment and a portion of it goes to the lender, and the other portion [...] Related Articles:Mortgage Escrow Accounts ExplainedMy Mortgage Payment Dropped
If you follow me on Twitter, you know that between writing chapters for Your Money: The Missing Manual I’ve been wrestling with eBay “customer service”. Note the quotes. It’s difficult to tell the full story in 140-character chunks, though. Since Robert started the day with a post about his adventures on Craigslist, let’s end it with with one about my adventures on e
As you have probably noticed, interest rates have plummeted over the last two years. Not long ago it was easy to find saving account interest rates in the 4-5% range, and CD rates slightly higher than that. Right now the best savings accounts are offering interest rates just under 2%, which is a far cry [...] Related Articles:Looking for New Checking Account? 4.25% at Charles SchwabAlternatives t
This post is from GRS staff writer April Dykman.My husband and I are in the early stages of building a house. As we modify our floor plans, the amount we’ll need to borrow to build is on our minds. It’s probably going to be the most expensive thing we’ll ever purchase, and we need to decide what we want to borrow and what loan term we’ll want.The main differences between 1
Your credit score is valuable. It is used for judging your credit worthiness for new lines of credit, it affects your interest rates and insurance rates, and it can be used as a determining factor when applying for a job, buying a cell phone, renting an apartment, and more. That is why it is so [...]Related Articles:Think Twice Before Canceling Credit CardsHow Do You Improve Your Credit Score Whe
In my recent review of Pam Slim’s Escape from Cubicle Nation, Chett left the following comment:I was talking with a good friend last week who is self-employed. I told him I envied his entrepreneurial spirit and the ability to “go it alone.” He told me he envied my work as a teacher and the set [...]

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