All Entries in the "Credit & Debt" Category
Mortgage Calculator
As a follow up to my previous post regarding “How much home can you afford,” I wanted to add an additional calculator to this post related to mortgage payments. The below calculator will help you estimate your monthly mortgage payment, given certain inputs such as amount of loan, yearly insurance, yearly taxes, and PMI. An [...]
What is a FICO score, How is it calculated and How can you improve yours
If you are looking to obtain any source of lending, chances are the lending institution is going to run your credit report. Now, here at this website we don’t look kindly upon lots of debt, however, sometimes it is a necessary evil, such as when you want to buy a home. Most individuals and [...]
The New Money Math (Source: Men’s Health)
Men’s Health magazine had an article in its December 2008 edition related to personal finances, so I thought I would share it with the readers of this blog (Thanks to Germano for letting me rip this out of his subscription). The tag line of the article was “The current economic mess happened because lenders, and [...]
COMING SOON!
Financial literacy is generally lacking in this great world of ours. The reason (usually) why individuals and corporations make poor financial decisions is due to lack of education related to personal finance. Sometimes these poor decisions are due to greed, but on the whole, I would say that the people on Main Street primarily make [...]
