An adjustable rate mortgage (ARM) has an interest rate cap. This article will explore how much an ARM mortgage interest rate can go up after the introductory fixed rate period is over. In general, the average maximum ARM adjustment up during the first year is 2%. Due to the limit in how much interest rates […]
How Much Can An Adjustable Rate Mortgage Go Up After The Fixed Period Is Over? Read More »
The cost of childcare is high. The cost of fourth trimester childcare, the three months after your baby is born, may be the highest! Not only are you dead tired during the first three months after you baby is born, you may want to spend up to get some night doula or au pair help.
The Cost Of Fourth Trimester Childcare: Potentially $40,000 And Up Read More »
Fight for financial independence every day. There’s something really confusing that maybe you can help explain. I don’t understand why some people criticize others for doing the following: Saving and investing more than 20% of their income Taking stock of all their cash during times of volatility Working more than 50 hours a week Developing side
Fight For Financial Independence Every Day Read More »
In the great debate between real estate versus stocks, I give a slight nod towards real estate. When I was young, I wanted real estate because having it felt like I had arrived. Now that I’m middle-aged, I want real estate so I can provide a stable environment for my family. After taking over 500
Real Estate Is A Hedge Against Many Bad Things In Life Read More »
If you want to save money on property tax, please don’t call the assessors office to update your city property records. Instead, let the inefficient, bureaucratic machine take its sweet time! The property assessor’s goal is to try and extract as much money from homeowners as possible. Your goal as a homeowner is to save
To Save Money On Property Tax Don’t Update Your City Property Records Read More »
Europeans see money differently from Americans. Where Americans are obsessed with money, Europeans seem to have a lighter approach about money. In other words, Europeans work to live while Americans live to work. After almost finishing my loop around Stonehenge, I stumbled across a French woman who was lying on the ground sideways. She adjusted
How Europeans See Money Differently From Americans Read More »
One of the things many responsible parents are doing today is saving for college, usually in a 529 plan. Not saving for college and expecting a student loan bailout in the future is bad planning. The same goes for not saving for retirement and hoping the government will take care of you once you can
Child Millionaires: Not Necessary Thanks To Canceling All Student Debt Read More »
Applying for a mortgage today is truly one of the most eye-opening financial experiences ever. The financial crash has made getting a mortgage much more difficult. This is disappointing since the financial crash has brought mortgage rates down to all-time lows in the new decade. I now know why many consumers had absolutely NO CHANCE in
Proof Banks Caused The Financial Crash: The Cancer Of MORE Read More »
It’s been two weeks since I found out I was being scammed by my insurance company. I sent in my 8 month old house appraisal to Tricky Dick, who is trying to raise my home insurance premium by 45% since their inspection 7 months ago. Their shady inspector made my house 50% larger than it
Resolving My Insurance Company Home Premium Scam Read More »
There’s a happiness conundrum that needs solving. Despite living in a rich country with income levels that put us in the top 1% in the world, there are still many unhappy people. This post explores why we are not happier and what we can do to elevate our happiness. At the end of the day,
Solving The Happiness Conundrum In Five Moves Or Less Read More »
