The temperatures here in Denver have been over 100 degrees for the past five days. We might not have much humidity, but the sun is intense and that means houses can begin to heat up quite early in the morning. I have found that to keep our house cool all day, the air conditioner runs…
Just because you are in college doesn’t mean your diet must be restricted to late night pizza, ramen and beer. Yes, a visit to Whole Foods for $8 dollar guacamole can be discouraging when trying to keep your expenses low. Yet, there are inexpensive ways to keep both your wallet and body healthy at the…
Once I graduated college and had a good start on an emergency fund, the next thing on my to-do list was to start saving for a house. Five or ten years ago it was possible to get a mortgage with little or no down payment. Those days are long gone and for good reason. Too…
I always tell people that the first thing you should do once you pay off your bad debt (everything besides your mortgage), is to start building up an emergency fund. This will help to reduce the risk of falling into debt again. What is an Emergency Fund? An emergency fund is an amount of money…
Most people will need to borrow money in order to purchase a home. I know I do not have hundreds of thousands of dollars that I can spend on a house. Instead of trying to save money to buy a house outright, millions of people take out a mortgage. When starting the search for a…
As we have seen the most basic budget is simply getting a feel for how much money is coming in, and how much is going out. Most people do not like budgets, they are cumbersome, they rarely get followed, and they make people feel bad about their spending habits. So rather than detail out exactly…
When buying a home there are several different types of mortgages available. Most home buyers will select a 30 year mortgage. Thirty years is a long time to have a mortgage payment hanging over your head, especially when there are several different ways for you to payoff your mortgage early. Early mortgage payoff is not…