Category: real estate

  • Demystifying Present Value: Unlocking the Power of Financial Evaluation

    Demystifying Present Value: Unlocking the Power of Financial Evaluation

    Present value, in finance and investment, refers to the concept of determining the current worth of a future sum of money or a series of cash flows, discounted to reflect the time value of money. It is a method used to evaluate the profitability or attractiveness of an investment opportunity. When it comes to real…

  • How can I save and invest more money?

    How can I save and invest more money?

    Author James Clear in his monumental best selling book, and the one book I highly recommend everyone read at least twice has a lot to say about the 1% rule. The 1 Percent Rule states that over time the majority of the rewards in a given field will accumulate to the people, teams, and organizations…

  • Why you will Never be able to Save yourself in to wealth.

    Why you will Never be able to Save yourself in to wealth.

    One of the old adages I have heard a million times is this exact phrase. You can’t save yourself in to being wealthy. Translation: You can’t only save money and expect to accumulate wealth. It is impossible. The money you made yesterday is worth less than it is today. And it will be worth less…

  • Why your housing costs should not exceed 25% of your take home pay.

    Why your housing costs should not exceed 25% of your take home pay.

    A lot of people need guidelines in life to help them know whether or not they are doing what they are supposed to do. Or put another way, the way that will help them be successful. The 25% rule is one that many of the financial experts use. But where does it actually come from?…

  • How to make an extra $1000 dollars and why you should do it.

    How to make an extra $1000 dollars and why you should do it.

    Is it really possible to make an extra thousand dollars in today’s economy? I personally believe it is easier today than it ever has been. The problem is most people aren’t willing to do what it takes to get the money. I can remember in the early 2000’s when I was in my early twenties.…

  • The fast rising Interest Rates explained.

    The fast rising Interest Rates explained.

    Unless you are living under a rock, then you know that the current overall economy isn’t doing that well. No matter the spin coming from the White House and its aligned corporate media telling you other wise, here is the truth. Three things are impacting the economy. Well, four if you count the overall incompetence…

  • How much money do I need to retire?

    How much money do I need to retire?

    Well as you can imagine, the amount of money necessary to retire can vary from person to person. It depends on the lifestyle you want or you have grown accustomed to. The general rule of thumb is the “4% rule,” which suggests that you should plan to withdraw 4% of your retirement savings in the…

  • Why do we think this is harder than it really is.

    Why do we think this is harder than it really is.

    In his great book titled Change or Die, the author, Alan Deutschman makes the point, backed up by a lot of research that people really would rather die than change their habits or routines. Here is one example: Consider those patients with heart disease. Most with heart disease find themselves needing medical help because of…

  • This one monthly payment made me sick every time I paid it.

    This one monthly payment made me sick every time I paid it.

    Have you ever had to pay for something that you didn’t really use, but you were committed to paying for it for a certain amount of time because of a contract or some other reason? Those payments suck don’t they. You wish you could go back tell yourself not to commit to it or purchase…

  • Deal Deep Dive: Is it cheaper to rent or to buy a home?

    Deal Deep Dive: Is it cheaper to rent or to buy a home?

    A question that is debated quite often: Is it better to buy a home/apartment or rent? Financially speaking it is way better to rent a home especially if you don’t plan on living there longer than five years. But if you are looking to start a family or raise a family and are looking to…