Category: Investing


Feb
2015

4 Quick & Easy Ways to Pay Off the Mortgage Early

categories: Financial Freedom, Investing, Real Estate Investing, Saving Money
If you've ever considered paying off your mortgage early, you've got to incorporate different methods to make it happen. Here are 4 ways that can help achieve your goal!

 

Now that I’ve officially left the “classic” work force, I’m in a position where I need to be really creative with how to contribute to our income. More specifically, how to contribute to our disposable income. One way to do that? Cut out the largest (by far) monthly expense and pay off the mortgage.

Related article: How to Pay Off the Mortgage Early

I know it sounds crazy. With such a massive loan, it just seems pointless to waste time trying to chip away at it. But none-the-less, my husband and I have gotten ourselves excited enough that we’re endeavoring to have it paid off in 10 years. This will obviously require us to make some pretty large payments here and there, but we also came up with some pretty quick and easy ways to bring it down without even trying. (If you’re interested in everything we’re doing to pay off our mortgage early, check out this post –> 10 Things I’m Doing to Pay Off My Mortgage Early (and the One Thing I Won’t Do)

So here’s what we’re doing and what you can try if you’re up for the same challenge:

Related article: 7 Important Reasons to Pay Off the Mortgage

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Jan
2015

Why You Need to Set up a 529 College Savings Plan for Your Kids

categories: Financial Freedom, Investing, Saving Money

I originally published this post last summer (if you can believe it, it was actually my FIRST EVER post!), but I feel like it’s really important to bring it back with everything I’m hearing in the news lately.

If you haven’t been keeping up, here’s what you’re missing: First, there’s the constant reminder that the projected cost of college for a child born in 2013 ranges from $150k to a whopping $400k.  Then, there’s the pending reality that in one year 1% of the world’s population will own 50% of the world’s wealth.  So if you’re not in that 1%, you’re actually more likely to get poorer than richer.

So why does this matter for college savings?  Well, lots of reasons. And of course, I’ve written them all down for you. 🙂

So without further ado, here are the reasons why you need to start saving now for your kids to go to college. And more specifically, why you need to put that money in a 529 College Savings Plan.

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Aug
2014

Investments Every Stay-at-Home Mom Should Have

categories: Financial Freedom, Investing, Saving Money
Investing isn't hard, you just have to know where to start.

Every stay-at-home mom knows that being on the outside of the traditional workforce does not exempt you from planning and managing your long-term financial future. In fact, it usually means you have to work even harder and know even more because you don’t have essential investments managed for you on behalf of your employer.

Even if you have a partner that regularly contributes to their own employer-sponsored investment opportunities, you may not be doing enough. You still need to take additional steps to ensure that you are financially secure now and in the future.

Here are the investments that every SAHM should have: (more…)

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