How to make a million dollars – It isn’t easy and there are ways to do it slow with lower risk and ways to do it faster if you are willing to work, learn and apply your knowledge. This may seem like a pipedream and for most, it will be. But there are people that…
What are the best books for FIRE? F.I.R.E. or FIRE stands for Financial Independence Retired Early. This is the basic concept that if you can save 40% – 80% of your income now you can retire early and do whatever you want. It isn’t an easy method to retire but one that has a lot…
What are the best books for teenagers to invest for retirement? I wish someone would have handed me books on how to invest when I was younger. Instead, I learned about money from my parents. I learned that going into debt was fine as long as you can refinance your home every few years to…
What happens at end of reverse mortgage? In November 2021 my wife’s grandmother passed away. She and her husband (who passed away several years before) got a reverse mortgage several years ago. I won’t go into the craziness of some of that story except to tell you that you should have a will if you…
I know this will be controversial, and Dave Ramsey helped me dig out of 15k of credit card debt and learn to live debt-free, sort of. You see I have a credit score that is over 800. I have a home that is paid off, but not the one I live in. I still have…
How to live within your means is the foundation for all financial success. Asking this question means that you are asking the best question in order to take control of your finances. I was $105,000 in negative net worth. Net worth is a fancy term for what happens if I sold everything I owned and…
I remember when I first heard about the concept of house hacking. I was amazed and eventually started to rent out my basement to my son and his friend. Then my son was married and had my awesome grandchild so the friend moved out, but I still collect rent. I hope that in the next…
If you follow Dave Ramsey you will learn to remove all debt and I am all for removing all high-interest debts. But, and this is a big but, you will be told to go cash only and you won’t need a credit score. If you don’t have a good credit score you will lose a…
If you follow Dave Ramsey you will hear that you should switch to only cash and you don’t need a credit score. All debt is bad debt. But I want you to ask a question. How did Dave Ramsey afford to build the several custom homes he will speak about? I can tell you that…
