As with anything, there are pros and cons that change with every complicated variable involved. The concept of buying being better than renting is relative to the context of each side of the equation at any given time. No two situations are the same, but generally speaking, assuming certain conditions are already met, owning a [...]
Continue Reading →Turmoil. That may be the first word you think of when you hear the word economy. Believe me, I hear it and feel it every day too! With talks of bank failures, bail-outs, stock values, election campaigns…whirrrrrrrrrrr BANG! That’s what happens inside my little brain. I tend to want to shut down and ship out.
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Continue Reading →On the 16th of September, Freddie Mac hit an all time low of 25.9 cents. Wow…just imagine, you could have purchased 1000 shares for $259.00.
Today, in afterhours trading, Freddie Mac is currently going for $2.04. Your little $259.00 investment on the 16th would now be worth $2040.00.
There’s really no point in looking back [...]
Continue Reading →There’s nothing worse than media articles that continually pound the idea that your finances are in shambles. YOUR finances. I’m not certain what the analysts in the stock market are attempting to convey during these strangely unique economic times other than:
You’re going to lose your job soon. Your interest rates are going to increase. [...]
Continue Reading →Affordability Calculator
Monthly Gross Income $ Monthly Debt Expenses [?] Monthly Debt and Obligations Should Include:
- Monthly Credit Card Payments
- Monthly Auto Payments
- Monthly Child Support
- Monthly Association Fees
- Other Monthly Obligations, but NOT utility bills.
$ Down Payment: $ Interest Rate: % Mortgage Calculator
$ % yrs % $ Topics of Interest
Posts from OwingMoneySucks.com- Tax Refunds Are Bad For The Economy February 5, 2012
- Please, I Beg of You, Get In The Know December 19, 2011
- Really, Fannie Mae? December 7, 2011
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