The kind of housing you choose during retirement will have a huge impact on how much money you’ll need to retire. Most people prefer to stay in their own home. That’s understandable, but there are other options. This is important on a couple of different levels. Most important, you may be able to retire earlier […]
Five Ways To Stretch Your Nest Egg
If you are thinking about retirement, one of your biggest concerns is how to make sure you don’t run out of money. In other words, you want your nest egg to last as long as you do. Even if you aren’t going to retire for another 10 or 20 years, you probably think about this […]
Should You Buy A Franchise?
Have you ever dreamed of owning a McDonalds, IHOP, UPS Store, Domino’s Pizza or Jiffy Lube? If so, franchising might be for you. There are some distinct advantages to starting your business by franchising but there are also some pretty significant drawbacks. Let’s step behind the curtain and learn more. What Is Franchising? Franchising is […]
What Does Joint Tenancy Mean?
Joint tenancy describes a way that two or more people can own any asset (real estate, financial investment, a car, artwork, etc.). Many people take title to property as joint tenants because it’s fast and easy and doesn’t require the services of a lawyer to set up. If you own something in joint tenancy that […]
The Easy Way to Get a Mortgage for a Condo As A Second Home
If you’re looking to jump into a condo as a second home because interest rates are so low you might be on to something. I have to admit that I would only buy a second home if I was going to use it a rental rather than a vacation home but that’s just me. Vacation […]
Marriage and Credit – How to Protect Yourself When Your Spouse Has Bad Credit
I recently received an e-mail from a loyal Pilgrim, “K” . She wanted to know how her credit would be impacted if she married a guy with some serious credit baggage. The short answer is, it depends. Everyone has their own separate credit scores and a unique credit situation. If “K” gets married to a […]