money saving

During the housing boom, mortgage lenders eased down payment requirements to get more people into homes. The down payment was literally nothing in some cases. In fact, the availability of 110% mortgages — loans for 10% more than the value of a home — amounted to a negative down payment. As any prospective home buyer [...]

Everyone has that one extravagant possession he’s always wanted, but never had the money for. Even you probably think about your dream wedding, vacation or home every now and then and long for the cash you need to buy it. So why keep wishing when you can start saving instead? If you want something bad [...]

It’s unbelievable that August is over and September is upon us already. Next thing you know, it will be Christmas! To kick off the last trimester of the year, I’ve scoured the blogosphere to bring you some interesting personal finance articles from around the web. Check out these articles at your leisure and enjoy. Are [...]

I often get asked the question – “How can my family live comfortably off of a single income?”. In my response, I always let people know that it is possible and is not that hard. My wife and I have chosen to support our family on one income (by me) and have her stay at [...]

Holding down a steady job and earning regular paychecks is both the easiest and most common form of earning an income. Building a solid foundation of deep wealth however, requires time, planning and a considerable amount of research. There are three general means to creating wealth: active income, portfolio income, and passive income. Photo by [...]

Everyone wants to make more money, but very few want to work more hours. The best way to work less and make more money is to learn how to generate passive income. Passive income can be described as income that is received at regular intervals that does not require a lot of work to sustain [...]

I recently switch my life insurance from Liberty Mutual to Genworth. The first time I got my term life policy, it was difficult for me to get a decent policy because I ran into a shady agent who somehow got me into a poor health bracket and recorded the information in the Medical Information Bureau [...]

One of my financial goals for this year was to increase the amount of money I put into my retirement account. Some day I would like to max out as many retirement accounts as possible, but for now I’m just happy to increase my regular contributions. In this economic climate, many are seeing that it [...]

Credit scores are all the rage these days. Granted, they are important to your finances. But where do they come from? How are they calculated? Who’s the scorekeeper? There are a lot of questions about credit, which is why I’m talking credit today. I’m not going to talk just about credit tips, but instead I [...]

Over the past few weeks there has been some good promotions in the personal finance space that I would like to gather in one place for your convenience. If you’re thinking about trying out one or more of these services, this is a good time to give it a go. Here are some of the [...]