Readers recently shared their financial tips for new graduates. Christy summed up a lot of the advice with: Stay out of credit card debt, start saving for retirement now, and live frugally. Here are highlights: Start saving for your future now! The earlier you start saving the more the wonders of compounding interest will work [...]
I’ve been running the numbers like crazy and I’ve determined that it will be worth it to jump through hoops to rearrange our finances to refinance. If you are considering a refinance, see when it makes sense to refinance. I’ve calculated a minimum gain of $12,000 over the next 5 years less any opportunity costs [...]
We’ve been focusing on reducing our energy bill lately. For example, my husband has been looking into switching to compact fluorescent light bulbs. In addition, our energy company is very proactive in sending us monthly mailers with tips and tricks to reducing energy consumption. See previous articles Ten Easy Energy Savings Tips and Energy Savings [...]
Photography by: bookish in north park We’re considering refinancing our house. It’s been two years since we refinanced our construction loan into our existing mortgage and rates are lower now than the interest rate we got two years ago. If you are considering refinancing, here are some situations where it might make sense to refinance.
After my husband read our net worth update, he asked why our portfolio was declining and if contributions wouldn’t offset the declines. I explained that we had reduced our savings contributions significantly in the last few years, which alarmed him. Actually, the strategy I came up with is anything but alarming. Here’s an example of [...]
