Today we are going to discuss some of the mathematics behind paying extra towards your mortgage early on. Here are the assumptions: Mortgage Amount: $150,000 Mortgage % Rate: 5% – Fixed Mortgage Term: 30 Years No prepayment penalty That last one is important. Few mortgages have prepayment penalties, but always double-check. Additionally, there are a … Read more
Many people have their vices. Starbucks, nail appointments, alcohol, and a laundry list of others. While, in moderation, many of these things are harmless and can really increase the quality of one’s day, they become problems when they are “needed.” A relatively new phenomenon comes in the form of a new caffeinated soft drink: the … Read more
You’ve read the stories, and maybe you’ve even experienced the rapid depreciation that new cars get once they are driven off the lot. Many people wonder why their cars depreciate so quickly at first, and we’re going to address some of the reasons below. Additionally, at the end of this article, we also discuss typical depreciation. … Read more
You see advertisements like the one to the right all day long. They all talk about these secrets that the insiders don’t want you to know. They talk about how they hold the key to easy money, and the only way to have the easy life is by buying their program. The Lure They will … Read more
If you have followed our site at all then you have probably read our articles about TV, such as: Watching Netflix On Your Wii Free & Cheap TV Solutions Keeping Up With The Joneses – TV Mania We’re Not Anti-TV Now, it may look like we are anti-television, but really, we actually do enjoy TV. What … Read more
This is an abstract study in the theories of time and the value of it. Winning With Time To continue from our last article “The Economics of Time,” we will now discuss winning with time. When we use the term “winning with time” we’re simply discussing how you can use time efficiently, either to enjoy … Read more
5 Smart and effective tips to pay off student loans Education has become very costly nowadays. Millions of undergraduates take out student loans to cover the education cost. Sometimes, they’re compelled to take out multiple student loans as higher education has become very expensive. It is essential to remember that each student loan has different … Read more
The Economics of Time Sometimes, to truly understand the most complex things, you should first try to understand the most basic. Time is something we take for granted, because it is something that tends to always be there, and when time is not there – well, you don’t notice. This is an elementary study on … Read more
This is Part 2 of a 2 part series called “It’s Your Business!” Part 2 – It’s Your Business! In Part 1 we asked “If your personal finances were a business on the stock market, would people invest in it?” We outlined a couple of ways that you could reinvent your business to make it … Read more
This is Part 1 of a 2 part series called “It’s Your Business!” Part 1 – It’s Your Business If your personal finances were a business on a stock exchange, would people invest in you? Consider what people look for when they want to invest in companies. They want to see revenue, profit, low debt … Read more
Today we are going back to the basics, and we are going to discuss some general, but powerful ways to improve your finances. While we will attempt to summarize each of the steps into one paragraph each, it is important to know that each step is a financial mountain in-and-of itself. These steps will take … Read more
Continuing our Cheaper Gatherings series we discuss how you can get soda more cheaply, or completely free by exploiting loyalty programs. This compliments our article on Buffalo Wings quite nicely! We may be anti-junk food in general, but some people just really enjoy their one little splurge: soda. So we have some ideas that will … Read more
Track That Spending Wednesday, we spoke about cutting back on your spending to save money in your finances. It is a fantastic way to get more out of what you already have, but how do you know where to make cuts? That is done by tracking your spending. We know that tracking spending is about as fun … Read more
A few weeks ago I commented on an article at Everyday Tips and Thoughts on their article about what amount of money is enough. I felt the comment needed a little more elaboration to further explore the topic. Is “more” the answer, or should it be the question? To be short, the answer is yes, … Read more
Chicken wings are delicious, but their rise in popularity has lent them to becoming quite expensive. Actually, chicken wings became more expensive per pound than chicken breast for the first time in history. Not bad for a piece of chicken that was considered a throw-away piece in recent history! So, how can you save money and … Read more
The Tiny House That Could In 1997, Jay Shafer built a house he called “Tumbleweed.” The house was a mere 89 square feet, making it smaller than the average bedroom in America. Jay managed to take a house, and shrink it down into a functional, and efficient means to live. His home has many of … Read more
In order to succeed financially it is imperative that you stop caring about what people think. Everyday we see guys aggressively driving their BMW’s, just to pull into the grocery store where they work. We see Hummers and Mercedes-Benz vehicles pulling into apartment complexes (Not condos, literally ordinary non-luxury apartment complexes), and we see McDonald’s … Read more
Wait – What? Hello? Are You There? If you find yourself saying this multiple times a day, then you are probably a cell phone user. Don’t worry, you’re not alone, but there should be a question that you are asking yourself: is it necessary? Yes, in the past we have written about cutting off … Read more
Is There A Book Rental Service? Why not rent library books? In our recent article about saving money by buying books with PaperBackSwap.com, we discussed the various ways you can make your book purchases much cheaper, but what about reading books for free? Do you remember the library? The person in the picture above forgot, … Read more
Update 11/3/2010: A disc is no longer needed, the Netflix software can be downloaded to the Wii by going into the Wii Shop Channel and installing it. The Netflix Wii application is a free application in the Wii Shop Channel. Netflix on the Wii There seemed to be a lot of interest in our “Free … Read more
Books vs. eBooks If you read our article about PaperBackSwap.com, then you might have noticed that we are fond of real books. You might be scratching your head, wondering what we mean by “real books.” There is a trend occurring with everything now being in a computer file format. Music, movies, and yes, books. Amazon … Read more