An inspiring story of a young 27-year old couple who are determined to retire at the age of 40 with US$1million got me thinking deep about how possible it is for the average to reach a similar goal like theirs. When I first read that John Rodrigues is a software engineer for Microsoft, I immediately [...]
Archive for January, 2009
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The New-Home Sales Fall
January 30th, 2009 
Elisheva Wiriaatmadja New-home sales in the US has dropped to 331,000 lower last year than what Bloomberg News survey had forecast. Last December 2008, sales have plunged to the lowest level on record, leaving enough unsold properties to doubt that recovery in this industry will actually occur thish year. As builders are still constructing more properties in [...]
How To Control Your Credit Cards
January 28th, 2009 Elisheva Wiriaatmadja The most common reason in people’s personal finance destruction is usually their credit card debt. Although many people find themselves overwhelmingly controlled by their credit card, they do have the power to control their spending habit and payment using their cards. Here are a few tips for you to help you take control over your [...]
Home Mortgage In The Current Credit Meltdown
January 27th, 2009 Elisheva Wiriaatmadja The days when you could easily get a home mortgage with a good credit score alone and without any other documentation are over. Today, lenders will require you to show them a lot more other things before they approve your loan application. Some of such proof are a steady source of income and also a [...]
7 Tips to Apply for College Grants
January 26th, 2009 Elisheva Wiriaatmadja Here is a list of what you should and should not do when you want to apply for a College Grant and fill in the FAFSA application form. 1.) Do not wait for your tax return to be done. Financial aid is granted based on the first come first serve basis. If you wait for [...]
Free College Financial Aid
January 26th, 2009 Elisheva Wiriaatmadja As many probably already know, a private 4-year university cost about $25,000 in tuition fees only. This is not including books and living expenses. With the current recession, people are worried about how they are going to pay for their tuition bills, including people who had been comfortable about their savings. Compared to last year, [...]
The Increase of Mortgage Rates
January 24th, 2009 Elisheva Wiriaatmadja Despite last year’s predictions that mortgage rates were going to drop even below the record low rate of 4.96%, the rates has just bounced up again last week. Here is one opinion about why this mortgage rates have gone up again.
Mortgage Rates Has Bounced Up
January 24th, 2009 Elisheva Wiriaatmadja After the mortgage interest rate dropped to a very low rate below 5%, the 30 year fixed mortgage rates has bounced back from 4.96% to a (still) attractive rate of 5.12%. Compared to the 6.46% in late October 2008, the current rate still attracts refinancing rush. Despite the slightly climb from last week’s rate, the [...]
5 Tips To Ease Money Management In Your Life
January 23rd, 2009 trisha@destroydebt.com Today everyone is talking about the economy; everyone has been affected by the recent changes in the economy and many people are scrambling to manage their money better. The following tips are tried and true and better yet easytips to simplify managing your money. They may seem like no-brainers, but they are worth a look [...]
Debt Recovery in a Tough Economic Climate
January 23rd, 2009 Elisheva Wiriaatmadja Canadian Corporate Legal Services’ kinder, gentler, and highly effective approach to negotiations and debt recovery in a tough economic climate. The current economic slowdown has forced Canadian companies of all sizes to face the unwelcome reality of unpaid invoices or bad debts. Debt recovery can be a problem. Negotiating for debt recovery on your own [...]
