Category Archives: Debt

Looking back: How financial mismanagement can catch up with you

There are a number of ways in which you can suddenly find yourself with debt management issues in the modern climate.  Things can either quickly sneak up on you with an unexpected incident, illness or similarly serious issue or, it could be a case of historic debts coming back to haunt you.  If you’ve consistently,

Comparing Mortgage Rates a Generation Later

I don’t think many people actually understand how low the mortgage rates really are today and how those low rates work with an amortization payment schedule to make real property purchases an amazing opportunity.  I recently had a conversation that reminded me that we are in uncharted territory historically speaking. At every twist and turn

Refinance Roadblocks

What do you do when the universe appears to be against all attempts to complete a goal?  Perfect credit, spotless payment record, and 12 years at the same job (proof of ability to pay,) and I never imagined it’d be so impossible to take advantage of the record low interest rates.  But after 2 failed

Analyzing the Prepayments on One of My Student Loans

As I made my monthly payment the other day on one of my student loans I wondered how much I have saved in interest over the years by adding to the principal some months.  Since the lender didn’t provide me with that information I almost looked at it as a challenge to see whether I

I Can’t Believe I have Been Blogging for 4 Years

On August 5th of 2008 I put up my first post.  I had no idea if anyone would read about my journey, nevertheless care about what was going on in my life, but I wanted to share my thoughts with whoever wanted to read them.  Since putting that first post up I have seen somewhere