It’s not exactly perfect, but I found something pretty close. We just refinanced with a 5/5 Adjustable Rate Mortgage. The terms actually equate to very inexpensive 10 year mortgage if you choose to use it that way.
Adjustable Rate Mortgages
We previously had a 5/1 adjustable rate mortgage. I discussed our original reason for having an [...]

Posted June 26, 2008 in Debt, Our budget | No Comments »

I recently discussed with a friend how to handle irregular paychecks. Her husband is a teacher and will be getting a lump sum payment at the beginning of the summer. She was concerned about how to make the money last.
It reminded me of a couple other situations, such as how we handled my 5 [...]

Posted June 16, 2008 in Our budget | 6 Comments »

I recently put my car up for sale. We have had a lot of interest, but no offers yet.
A Bite on the Car
This week we had a young man come to look at the car. He wants to buy the car, but he won’t be able to get the money for a couple weeks. [...]

Posted May 19, 2008 in Our budget | 9 Comments »

DebtKid recently shared his dumbest purchase ever: a Nintendo DS Lite. In fact, it was such a terrible purchase that he’s going to give it away today! He’s encouraging others to share their story. Here’s ours…

Our dumbest purchase ever: a sauna!
It’s a tradition in our family that everyone has a sauna at their house. [...]

Posted March 18, 2008 in Our budget | 11 Comments »

The car frenzy is in full swing at our house. Once I decide to do something, it’s usually pretty hard for me to think of anything else. So it’s no surprise that I’m still busy with the car search!
Background
First I made the commitment to sell my car, then I asked readers to tell me what [...]

Posted February 26, 2008 in Debt, Our budget | 4 Comments »