Jackie writes in with the following question about student loans and the mortgage: We’ve been using Dave Ramsey’s formula to pay off debts, not incur new debt, etc. We are down to 2 debts: Student loans (consolidated) with a $151,000 … Continue reading
I spent the latter part of last week in bed with a nasty virus. Because I was so wiped out, the only thing I felt like doing was lounging and watching old movies. In between Godfather DVDs I caught an … Continue reading
For most of my adult life I have avoided calculating my net worth, mostly because the number at the bottom of the calculation was always red. The thought of owing more than I owned depressed me. Looking back, I wished … Continue reading
For some, the idea of walking away from a mortgage presents quite a moral dilemma. Others feel duty-bound to fulfill their contractual obligation to continue making payments to the lender, regardless of how much (or how little) their home is … Continue reading
One could probably build a small library for the books written on the subject of financial independence. It’s a subject many of us like to fantasize about, but few of us will see materialize in our lifetimes. Why? Mostly because … Continue reading
