June 2024

No Rush To Pay Off Your Adjustable-Rate Mortgage Before It Resets

No Rush To Pay Off Your Adjustable-Rate Mortgage Before It Resets

During my days of purchasing homes with mortgages, I had a fondness for adjustable-rate mortgages (ARMs). The appeal lay in securing a lower interest rate compared to a 30-year fixed-rate mortgage. Further, it’s better to align the fixed-rate duration with my planned homeownership tenure. With the average duration of homeownership being approximately 12 years, opting […]

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10 Red Flags for New Retirees In Their First Year Of Retirement

10 Red Flags for New Retirees In Their First Year Of Retirement

The first year of retirement is a critical period that can be filled with unexpected challenges and adjustments. During this time, new retirees must be vigilant for red flags that could indicate potential problems in their financial planning, lifestyle choices, and emotional well-being. 1. Mortgage When you’re considering retirement, make sure you pay off your

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From juggling to thriving: A guide to empowering single parents on their financial journey

From juggling to thriving: A guide to empowering single parents on their financial journey

Implementing simple financial strategies can enable single parents to focus on long-term priorities https://financialpost.com/personal-finance/family-finance/guide-empowering-single-parents-financial-journey #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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Does Bankruptcy Stop Foreclosure?

Does Bankruptcy Stop Foreclosure?

Filing bankruptcy is an ordeal no one wants to endure, but if the alternative is losing your home to foreclosure, you may consider it worthwhile. Some bankruptcy scenarios offer just such a trade-off, but in other cases, bankruptcy can only block foreclosure temporarily. Read on to understand the distinction. Can Bankruptcy Stop Foreclosure? The short

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8 Best Virtual Mailboxes

8 Best Virtual Mailboxes

Virtual mailbox services provide users with a real street address where they can receive mail. They also offer a variety of other services geared to small businesses. They are popular with digital nomads who may lack a fixed address, or self-employed individuals who work from home and would rather not use a P.O. Box or

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10 investing tips for beginners

10 investing tips for beginners

Investing can be a powerful tool for your financial growth, but getting started can seem daunting. If you’ve never ventured into the world of trading on the stock market, buying bonds, or investing in funds, it can be tough to know where to even begin. But never fear: even beginners can successfully navigate the world

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Financial Peace University vs. True Financial Freedom vs. Crown Financial MoneyLife

FP Answers: What are some odd clauses that people put in their wills? Are they enforceable?

Gifts of personal property can be emotionally priceless, but costly to handle if courts must rule on legal issues https://financialpost.com/personal-finance/odd-clauses-wills-enforceable #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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Financial Peace University vs. True Financial Freedom vs. Crown Financial MoneyLife

Financial Peace University vs. True Financial Freedom vs. Crown Financial MoneyLife

I recently completed three of the top Christian financial education programs for churches: SeedTime’s True Financial Freedom, Dave Ramsey’s Financial Peace University, and Crown Financial’s MoneyLife. These popular programs all claim to help you get control of your finances from a biblical perspective. However, they go about it in different ways with varying teaching styles

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