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Financial Freedom and Personal Finance Success by Moolanomy.com

Moolanomy Personal Finance Blog is home to the 12 Steps Guide to Financial Freedom and Personal Finance Success. We discuss financial concepts in an easy to understand language to help you improve your finances and better your life.

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Real Estate Investing with REITs, Pros and Cons

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Real estate can make an great addition to almost any portfolio. However, few of us have the large amount of capital needed to buy a property, and it can be difficult to get approval for a mortgage. Fortunately, there are alternative investments that allow you to become a real estate investor without having to overcome … Read moreReal Estate Investing with REITs, Pros and Cons

The Average Retirement Savings by Age

The Average Retirement Savings by Age 3

Are you saving enough for your retirement? How are you comparing to other Americans? In this article we will be looking at average retirement savings by age group in the United States. This article is using information found in Economic Policy Institute’s The State of American Retirement article, which based their information on the Federal … Read moreThe Average Retirement Savings by Age

How to Get Rid of Your Private Mortgage Insurance

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If you paid less than 20% down payment on your home purchase, you are most likely paying a monthly Private Mortgage Insurance (PMI). The PMI is an insurance policy that protects the lender — not you. If you default on your mortgage, the lender receives payment from the insurer for the loan given to you. … Read moreHow to Get Rid of Your Private Mortgage Insurance