Many Older Homeowners Are Missing Out on This Big Tax Break

If you’re an older homeowner in need of more cash, many states offer a little-known way to slash your property tax bill. In about two dozen states, older homeowners can legally defer their property tax bills, Money magazine reports. These programs allow you to put off taxes for as long as you live in the … Read moreMany Older Homeowners Are Missing Out on This Big Tax Break

The Anatomy Of An Adjustable Rate Mortgage Increase

I’m so excited to share with you something I got in the mail the other day. No, it wasn’t a notification that Financial Samurai had won an award for being the best personal finance site. My site is too focused on understanding hard things to make us all rich to appeal to the masses. Instead, I got something better. It was … Read moreThe Anatomy Of An Adjustable Rate Mortgage Increase

The Biggest Benefits Of A Stock Market Meltdown

Today is an exciting day. Today we find out whether Fed Chair Jerome Powell helps ignite the DIRE Movement by telegraphing aggressive rate hikes in 2019 to stem nonexistent inflation or whether he decides to ease off the gas given the recent meltdown in the stock market. A market-friendly Fed Chair would take a wait … Read moreThe Biggest Benefits Of A Stock Market Meltdown

8 Reasons Why You Must Become a Homeowner

Buying a home can be a financial challenge, but for many people it’s one of the best ways to accumulate wealth over time. In addition to offering possible tax advantages, homes build equity. If you buy a home with a fixed, 30-year mortgage, you can lock in stable monthly payments. In contrast, renters face ever-escalating … Read more8 Reasons Why You Must Become a Homeowner

2-Minute Money Manager: What’s the Fastest Way to Pay a Mortgage?

Welcome to your “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers. You can learn how to send in a question of your own below. If you’re not typically a video watcher, give it a try. These videos are short and painless, and you’ll learn something valuable. But if … Read more2-Minute Money Manager: What’s the Fastest Way to Pay a Mortgage?