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I paid off my mortgage with a credit card—here’s how

Earlier this year, my husband and I dropped a major debt we had been carrying around for years — our home mortgage. We decided many years ago that we …

Personal Finance

Why Owning A Home Can Be A Valuable Retirement Asset

Is home ownership a mistake in retirement? That’s what this article in <i>USA Today</i> claims. In continuing the theme of my last article about not believing everything you read in personal finance, let’s look at some reasons why owning a home free and clear of a mortgage can be one of the best assets you …

Retirement

Why Buying A Home Is Not A Good Investment (It's A Service)

One popular housing mantra that almost everyone is familiar with is “location, location, location.” This quote, often attributed to a British real estate tycoon named Lord Harold Samuel, has been used to express the notion that there is only one thing that is important when investing in real …

Real Estate

20 Great Places to Retire in Tax-Friendly States

Not to be too grim, but as you're approaching retirement, you need to think seriously about the only two certainties in this world: death and taxes. …

Retirement

Bulletproof your career with multiple streams of income

There’s no longer a chance you will leave the company at which you’re currently working; the only question is when. With the U.S. Bureau of Labor Statistics reporting the average tenure of employees is only four years, this means you’ll be fired, pushed out or jump ship on your own multiple times …

Business Administration

FINANCIAL PLANNING: How the super-rich save and stay rich

Fancy cars, lavish homes and exotic tastes! This is typically the lifestyle we associate with the super rich. Behind all their extravagant choices, …

Personal Finance

Opinion: Note to Millennials — What I Wish I Had Known Then About Saving for the Future

Focusing only on the crisis of today worsens the crises of tomorrow<p>A retirement crisis is on the way, and the generation most likely to be affected …

Retirement

Futuristic system uses nothing but Wi-Fi waves to detect motion anywhere in your home

Home security camera systems are all the rage right now, but they never give you 100% coverage. It would obviously be hugely inappropriate to install …

Home Security

7 Personal Finance Books You Need to Read This Summer

It’s summertime, and that means relaxing by the pool or on the beach. But before you pick up the latest paperback thriller to read by the water, consider giving your brain a little bit more of a workout. These 7 personal finance and self-improvement titles are not only entertaining and informative, …

Personal Finance

How to Pay Off Your Mortgage Early

All you need is a simple strategy.<p>With the average 30-year fixed mortgage rate now climbing over 4.7%, it's no surprise that many homeowners are …

What to Do When Your Loan Application Is Denied

You still have some options to get the money you need.<p>You were all set to buy that new car or house. You may have even picked out the cherry-red …

Retiring early doesn't mean you'll stop making money — here's how one retired millennial made more than $60,000 in passive income last year

You can take the woman out of work, but you can't take the work out of the woman.<p>At least, that's the case for J.P. Livingston, who retired at age 28 with a nest egg of more than $2 million, which she saved while living in New York City.<p>With a starting job in finance that paid $100,000 by the end …

Retirement

One Couple’s Journey From Debt to $1.5 Million in Savings

When Al and Lesia Riddick got married 16 years ago, they had about $150,000 in debt, including a student loan, a car loan and a mortgage.<p>Now they're …

Personal Finance

The billionaire owner of the Cleveland Cavaliers runs more than 100 companies according to 19 rules

Dan Gilbert runs an empire.<p>He makes many of his public appearances as the billionaire owner of the NBA's Cleveland Cavaliers, but he's also the chairman and founder of Rock Ventures, his holding company for over 100 businesses, including the Cavs, the real-estate company Bedrock that's transforming …

30-year mortgage rate drops again

The 30-year fixed mortgage rate dropped the fourth time in the past five weeks, according to data released by Freddie Mac Thursday, giving potential homeowners a reprieve before expected increases hit the market later this year.<p>Meanwhile, 15- and five-year rates were mixed.<p>According to the Freddie …

How to Buy a Home With a Low Down Payment

Low down payment programs eliminate the need for a huge savings account.<p>The impending arrival of a new baby is the moment when a lot of couples …

When planning retirement, can I contribute to both a Roth IRA and a 401(k)? Ask a Fool

The short answer is yes, but if you make too much money, the process could be more complicated.<p>Question: I have a 401(k) plan at work. Am I still able to contribute to a Roth IRA?<p><i>Answer:</i> Roth eligibility has nothing to do with whether you have access to an employer's retirement plan or not. This …

Retirement

Prime Rate vs. Mortgage Rate

The terms "prime rate" and "mortgage rate" can be confusing to those new to the world of borrowing and banking. Actually, they're unrelated and move …

Want a beach in your backyard? This man can make your dreams come true

MAUREPAS, La. — Why travel to a beach when you can have one in your own backyard?<p>That’s the idea behind this Louisiana company about 50 miles northwest of New Orleans.<p>Zydeco Construction specializes in building "swimming ponds" that are crystal blue with a sand surround, resembling a beach. …

Baton Rouge

3 Totally Doable Mortgage Hacks That Can Save You Thousands

There's nothing quite like the excitement of finding and buying your dream home. You found a home within your budget, set aside a down payment and …

Use This 4-Step Plan to Pay Down Your Debt AND Save for Retirement

At the same time, too.<p>Don’t wait until you’ve retired your debt to save for retirement. The challenge, experts say, is to pay down what you owe and …

How to Get Your First Homebuyer Loan

One of the biggest financial decisions a person will ever make is about whether to get a home loan. The thing is, landing a mortgage isn't easy - …

The Money-Wasting Mortgage Mistake You’re Likely to Make

Property taxes, homeowners insurance, interest, HOA fees—when it comes to your monthly mortgage payment, your loan's principal doesn't lack company.

What the Average American Gets From Social Security

Find out how some types of benefits pay more than others.<p>At last count, nearly 62.4 million people received Social Security benefits. The program …

Camo Soles Land On The Under Armour HOVR Phantom

New colorways of the Under Armour HOVR Phantom just dropped just in time for Memorial Day. What differentiates these pairs from past drops is the …

Old-school tricks and hi-tech tips: how to keep your home safe from burglars

It’s not every day you willingly invite a burglar to poke about your house. But after someone managed to break into my car which was on my drive and had a rummage around, I felt vulnerable.<p>Data from the Office for National Statistics show this is part of a growing trend: there was a nine per cent …

How Should You Really Be Splitting the Bills With Your Partner?

Talking about finances in a relationship can be tricky—even when you’ve been together a long time, talking about money can make people awkward and defensive. But if you live together and want to build a life together, it comes up—in part because, on a basic level, you’re going to need to figure out …

This Side Hustle Can Help You Build Long-Term Wealth, and You Don't Need a Ton of Money to Start It

Ask yourself these questions to build yourself a profitable empire.<p>Some of the wealthiest people I know made their money in real estate.<p>They didn't start out big. They started by buying one small property or project, and then after the first came a second, and so on.<p>I personally didn't start …

Burdening Your Retirement With A Mortgage

Part of the rosy picture associated with retirement is the thrill of kissing that monthly mortgage payment good-bye (on the presumption you'll have …

How to buy a home and pay it off decades early

Buying a home is the biggest purchase most Americans will ever make, spending hundreds of thousands of dollars in one chunk. In addition, there are a …