No one wants to pay all of the interest we are forced to pay on loans, credit cards or mortgages, yet we make the monthly installment payments each month religiously to pay off our debts and protect our credit records.  Have you ever looked at just how much interest you pay? Over the life of [...]

This post discusses some of the issues associated with personal loan planning, focusing on monthly installment payments and how to manage them. Consider total income, tax rates, total monthly installment payments, risk assessment and savings plan.

Understanding what a personal inflation rate is is quite simple really. Banks, lenders, and brokers alike use your personal inflation rate as a guideline when considering your loans.

Even the most disorganized person can write out a list of his assets and liabilities. This is actually what we do regularly when we apply for a mortgage or car loan or update a credit card application.  If it’s so simple, why haven’t more of us done it?  It’s always much easier to deal with [...]

Retirement calculators are a very popular piece of scripting online. Millions of Americans are using these online calculators to figure out what they’ll have left in the bank when they’re approaching the golden years. Loanallot.com has made their opinion crystal clear as to what retirement calculator they recommend. Here is their snippet below. (I get a kick [...]

Home-owners and tenants who are thinking about consolidating their debt often wonder how much money they will save and what the overall advantages will be for them when they consolidate all of their debt. There are really several areas to consider and consumers may consider some areas more important than others depending on their personal [...]

This is a great article/piece on SM, regarding the education citizens need to invest their own money wisely, and prosper. Interesting to see a lack of interest these days. Let’s face it, it’s more fun to be at the golf course, than sitting in front of a computer, with a phone attached to your earlobe.    Taped to [...]

Borrowers have to be careful the don’t bite off more than they can chew. Many banks will lend people money when they shouldn’t. It’s rarely a pretty sight in the end, when someone borrows way over their head. Question: We are in the process of buying our first home and although we have excellent credit, [...]