Savings Guide – Daily Saving Money Tips

I try not to listen when my parents talk about how they bought their first home. They borrowed a couple of grand of my grandparents, spent a couple of months searching and huzzah. They had it. Things aren’t quite that easy these days. If you’re having trouble getting approved for a loan (and let’s admit, handing over several hundred thousand dollars is a fairy risky enterprise), here are some tips that might smooth your way somewhat.

I know what would happen if I didn’t pay my electricity bill next week. I might get a warning, a nasty letter or two. Then, at a certain point, I would just no longer have electricity. Not to stretch a metaphor to breaking point, but the world economy could suffer a similar level of shock should the US not come to a deal by August 2 regarding the debt crisis. Here’s what a brief snapshot of the whole debacl

Every week, I watch my rent exit my bank account and think about how much I would love to put that money towards a house of my very own. A little garden, a kitchen I can actually bear cooking in. Oh, the dream. But here are some cut and dried tests about whether home ownership is really the right decision for this time in our lives

So much of what is written about personal finance is written by people who are getting- or have gotten- themselves out of debt. They’re the golden children of good finances, some even living debt-free lives. But how much relevance does that have to the rest of us, a lot of whom are struggling to make the minimum repayments let alone get debt free?

Extending the previous article on home loan falsehoods, here is some more for you chew on when it comes to home loans.

Discerning between the truth and fiction of financial advice is one of the hardest lessons to learn. What is an incontrovertible truth for one person can be a major path to despair for another. Here are some myths about home loans, inspired by Peter Boehm.