It is coming around the tax time again. Have you ever been frustrated while sorting all the financial documents and looking for everything you need for filing your tax? An effective way to make your tax filing easy and prevent you from any missing deductions is to keep a personal financial filing system where you keep all the financial documents […]
When you bought a $75,000 house with a mortgage at a fixed rate of 9% over 30 years, the mortgage interest will cost you $217,244, and in this case, the house actually is not your asset but liability. The bank has the greatest equity in this house, so obviously it is bank’s asset.
Most people don’t understand why the house they […]
If you are planning to buy a house, do you think you would be able to get the mortgage? what factors would affect the credit approval?
Obviously the credit score is the key factor at this point. Lenders use the credit scores as tools to decide what risk is associated with ranges of scores and how much to charge for […]
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Yesterday was my younger son’s 6-year birthday, party, gifts, cake, treats, lots of fun……..and the budget was well controlled.
Birthday spending used to be one of my major expense leaking area. But now I have no problem with it because I ‘m using birthday spending secret weapon – Cash. Yes, I use cash to do all the birthday […]