Financial literacy is the ability to manage money effectively. Mastery of budgeting, saving, debt, and investing make up its key components.Financial literacy is the ability to manage money effectively. Mastery of budgeting, saving, debt, and investing make up its key components.
The post Financial Literacy: Keep Your Money Tight and Right appeared first on Money Under 30.
Today’s Refinance Rates: January 30, 2023âRates Remain Mostly Stable Forbes
How many times can you use your VA loan benefit? You can use your VA home loan benefit as many times as you want. But, with some rare exceptions, you […]
The post Blog first appeared on MilitaryVALoan.com.
(Since April is Financial Literacy Month, a number of articles will be devoted to more educational topics. This is Part IV in a four-part series about how understanding economic cycles could inform your financial decisions. Part I is Understanding economic cycles: An introduction. Part II is Recognizing economic seasons: recovery and growth. Part III is The fall and winter seasons of the economic cycle.)
In the first three parts of this series, you saw how the economy moves in cycles of seven to 10 years, and how each cycle can be broken down into four phases which correspond closely to the seasons of nature. We also looked at some of the telltale signs of economic activity that can help us recognize where we are in the cycle.
You may be thinking, “That’s all interesting, but how can I apply that knowledge to my personal financial life?” Let’s start by decapitating the elephant in the room — market-timing. Market-timing is a fool’s game. However, most of the time market-timing refers to trying to find the high point in the market to sell high. It is true: Nobody is able to tell when a market has reached its peak.
When your budget is tight due to a financial setback, figuring out how to handle expenses is overwhelming. Thankfully, there are options like mortgage forbearance to ease the financial burden resulting from crises like the COVID-19 pandemic. Mortgage forbearance is when your mortgage servicer or lender allows you to pause or reduce your payments for
The post Mortgage Forbearance: Understanding the Basics appeared first on MintLife Blog.
Your debt-to-income ratio is crucial to getting approved for a mortgage â here’s how to calculate yours CNBC
If you happen to be in the market to buy a home, youâre probably not giddy with delight over todayâs sky-high listing prices. After all, home prices continue to inch higher and higher from their near-term lows seen about a decade ago after surging for years. Knowing the home seller purchased the property for 50%… Read More »Wait, Home Buying Is the Cheapest Itâs Been in 20 Years?
The post Wait, Home Buying Is the Cheapest Itâs Been in 20 Years? appeared first on The Truth About Mortgage.
These days, many people hear in the news that it’s a good time to buy rental property…
Replacing your mortgage with a cash-out refinance is a great way to get extra funds and expand on your financial stability. But what can cash-out refinance money be used for? In just a few minutes, we’ll explain exactly what a cash-out refinance is, how you can best use your newly acquired funds, and more. What… View Article
The post What Can I Do With Cash-Out Refinance Money? first appeared on Total Mortgage.
DIY is a great way to save money. However, that doesn’t always mean that it’s worth it. Carefully consider the project before you jump in.
The post When To Skip DIY And Leave It To The Professionals appeared first on Bible Money Matters and was written by Miranda Marquit. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.