Archive for February, 2008
Thursday, February 28th, 2008
PMI, or Private Mortgage Insurance, is typically required by lenders when borrowers are not able to put 20% down on the purchase price for their new home. PMI is a type of insurance that protects the lender in the event that a homeowner defaults on the loan.
What Is Your Home's ...
Posted in Mortgages | 2 Comments »
Friday, February 22nd, 2008
Bad seed is a robbery of the worst kind: for your pocket-book not only suffers by it, but your preparations are lost and a season passes away unimproved -- George Washington
Today is the birth date for George Washington, the first President of these United States. Recently, I had the ...
Posted in Credit, Debt Relief, Money Management, Personal Finance, Taxes, Wealth | 3 Comments »
Wednesday, February 13th, 2008
I came across an article today which discussed the spending habits of baby boomers in light of today's economy. Baby boomers are the people who were born between 1946 and 1964, the largest segment of the U.S. population.
The article, Many Baby Boomers Concerned About Retirement Savings..., mentioned that 61% ...
Posted in Money Management, Personal Finance, Retirement | 1 Comment »
Thursday, February 7th, 2008
Building wealth is done a dollar at a time. Here a little, there a little and before you know it you have a nice little nest egg built up for retirement, vacation, Christmas, donating to a charity, etc. Lots of people don't start a savings fund because they simply don't ...
Posted in Wealth | 4 Comments »
Tuesday, February 5th, 2008
As the U.S. Senate puts the final touches on what they hope will be a piece of legislation that passes Senate and presidential scrutiny, talk is brewing on just how the average American will use his stimulus check. Although the amount proposed hasn't been finalized ($600 for individuals, $1200 for ...
Posted in Trends | 2 Comments »