Tag Archives: personal finance

3 Reasons to Save Money

There are many reasons why you want to save money apart from just trying to come up with the down payment for the purchase of home. These are some of the typical financial objectives that a person likes to meet in his lifetime. Setting these objectives for yourself should provide for motivation and inspiration to […]

Learn To Use Credit Wisely Before Becoming a Homeowner

Just because many people managed to get themselves in spiraling and unmanageable credit card debts does not mean that credit is necessarily a bad thing. Credit is an extremely powerful tool that can serve so many purposes in one’s life. In fact credit is an important part of the financial well-being of anybody’s life in […]

Making a Will, Living Trust and Estate Planning As a Part of Asset Management

Wills, Living Trusts and Estate Planning Although many of us to not like to think about it we are all mortal. Because of the way the tax and legal system works it is a good idea to have the proper legal documents in place that date and specify as to what is to be done […]

Why Trim Your Household Budget Before Buying a Home

Most of the people who need to purchase a home have to start saving in order to make the down payment required. In most circumstances, a down payment of at least 20% of the purchase value is required in order to avoid paying for private mortgage insurance, which results in higher monthly payments on the […]

Quickly Establish Saving Requirements

Before you can start to save money, you need to know how much you need to save. Many people not only do not have an idea of how much they’re saving every month, they do not even know how much they are supposed to save. It is best to evaluate your situation as well as […]

Learn to Get Complete Picture of Your Income And Expense Before Buying a Home

One of the most important things that you should do before you purchase a home is to examine how much you are earning and where exactly you are spending your money. This will give you a fair idea of what portion of your current income you can save. Having control over your current budget will […]

Learn to Get Your Finances In Order Before Purchasing a Home

In this section you will learn: Assessing your budget and spending. Determining your saving requirements to achieve your goals. Protecting yourself and your assets with insurance. Determining what’s most important in life. Before you make the decision to purchase a home, it is extremely important to get a clear picture of your finances. When you’re […]

How To Buy Property For Investment WIth A Home Loan

When you take out a mortgage loan to purchase a home you can expect the value of your investment to rise substantially over the years. Generally speaking the value of the house increases with inflation. Many people take out mortgage loans for the purpose of purchasing investment property. When you have finally paid off the […]