If you own a home or you’re currently looking to buy, odds are you’ve got (or are considering) a 30-year mortgage. It’s by far the most popular mortgage option. (And with interest rates at historically low levels right now, I highly recommend locking those rates in with a fixed-rate mortgage!) Now, what’s popular isn’t what’s always right for your personal financial situation. Mortgages come with … [Read more...] about How Refinancing Your Mortgage From a 30-Year to a 15-Year Fixed Rate Could Save You Six Figures
Archives for September 2016
You’re 30 — Stop Doing What You Did in College
I’m a big fan of automating your finances as a way to grow your wealth. After about 30 minutes of set-up, your money is whisked into different accounts, and you’re less tempted to spend your savings because you don’t really see that money. But every year (or whenever you experience a big life change like getting married, having a kid, getting divorced, or getting a big raise), you should reassess … [Read more...] about You’re 30 — Stop Doing What You Did in College