Deep Thought: Financial Advice- House Mortgages

7 Easy Ways to Pay Off Your Mortgage Early daveramsey.com
“..You can join the ranks of debt-free homeowners and make your last mortgage payment sooner rather than later with these seven easy ways to pay off your mortgage early!..

The only type of debt Dave won’t yell at you about is a 15-year fixed-rate mortgage with a payment that’s no more than 25% of your take-home pay. You’ll pay much more in interest on a 30-year mortgage—and, besides, who wants to be in debt for 30 years?

You can refinance a longer-term mortgage into a 15-year loan. Or, if you already have a low interest rate, save on the closing costs of a refinance and simply pay on your 30-year mortgage like it’s a 15-year mortgage. The same goes for a 15-year mortgage. If you can swing it, why not increase your payments to pay it off in 10 years?..”

Pay Off Mortgage Early or Invest? #AskTheMoneyGuy

Should I Pay Off My House Mortgage or Invest the Extra Money?

Should You Pay Off Your Mortgage Before Retirement or Invest? An Expert Weighs In!

Sixty and Me
Published on Aug 8, 2017
There are so many financial decisions to make in the years before retirement.

One of the most important of these questions is whether to focus on paying off your mortgage or investing more in bonds, stocks and other investments.

If you are thinking about paying off your mortgage… or you just want to get more from your money in retirement, this interview is for you!

Fortunately, financial ex…

How to pay off a 30 year home mortgage in 5-7 years

*don’t let your money sit on savings in low interest growth, don’t get on the “cycle” after refinancing and go back, get aggressive!

How to Pay Off your Mortgage in 5-7 Years (Real Estate Investing)

Credit Score?

Can paying off your mortgage hurt your credit score? By Brady Porche | Published: February 27, 2017 creditcards.com
“..In most cases, paying off your mortgage does not help or hurt your credit score in any significant way. It could have a small negative impact if the mortgage was your only installment loan, according to the credit reporting agency Equifax’s website. After all, “credit mix” accounts for 10 percent of FICO’s traditional credit scoring model. But if you never missed a payment over the life of the loan, that could offset any points lost due to the loan falling off your credit report…

If you retain a good score or gain points after paying off your mortgage, chances are you have other trade lines with long, unblemished payment histories. Payment history and length of credit history account for 35 percent and 15 percent of your FICO score, respectively. What’s more, if you never missed a payment on your closed mortgage, that positive information will remain on your credit report for up to 10 years….”

Elderly

Pay Off Mortgage Or Keep Cash? – YouTube

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Financial: Advice to Seniors-Elderly-Retiring?

What to do after Retirement?

Financial Security for Seniors with Bank On Yourself

Dave Ramsey: “Work”, Go to “low-turn” over “mutual fund”. “Walk daily with the Prince of Peace…Christ Jesus”

Suze’s Favorite Retirement Plans | Suze Orman – YouTube

401K (22K max) > Roth IRA (can take out anytime w/o any penalties..max 500) > Traditional IRA

Pension

How To Value My Pension? – YouTube

Before Retirement

How Much Retirement Do I Need? – YouTube

Seniors to Seniors: Advice From Retired Professionals – YouTube

Retiring right on $3,500 a month

Retiring by 55?

Three Ways to Retire by Age 55

Don’t Waste Your Money: Why retiring at age 55 or 60 can be very costly

Retiring by 40?

I Want To Retire At 40 So I Don’t Have To Work – YouTube

Professor Savings professorsavings.com

Hobbies-Leisure-“Active”

Retiree Tips: Pursuing Life After Retirement
https://youtu.be/nr84FnEU6Eg
“..After retiring, he went back to college as an adult. While he didn’t have specific goals in continuing his education, his love of storytelling led him to creative writing. ..”

Caregivers-Children

Caring for Elderly Parents While Keeping Your Money on Track daveramsey.com

GLOBAL

The Retirement Trap | Al Jazeera World

Financial Advice? goodnewseverybodycom.wordpress.com

Good News Elderly
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Financial Advice?

GoodnewsEverybody.com Financial “Wisdom”, Advice, Budgeting, Tips, etc…

I was raised in a family with financial challenges and I didn’t want to go through the same trials when I got older. After seeking financial wisdom from God through his Word and others that He has put in my life, I’m proud to say I’m financially free from any debts (currently a co-signer for some credit companies for my brother and a friend of mine). I want to share my story with as many people as I can to help them get out of financial debts. Instead of hiding this knowledgleable resources, I want to share this with as many people as I can. Feel free to contact me on any of this or if you have any suggestions, feedback, questions, or even prayer requests….

After doing a budgent analysis 2 years ago, I was able to break down some categories where I put most of my money in. These are the following categories I got in order by month:

Sal:

High School Days

I wished we could’ve learned about “financing” earlier , like in high school. I didn’t really “learn” until after college. I grew up not really knowing how much I needed to “save”. I did save money for college back in my high school days. However, I spent my paycheck in my job(s) like it was “candy” coming out of a “gum ball machine”! For example, I wanted the “cool” expensive “Oakley style sunglasses”. However, I didn’t want to spend that much, so I got an almost “second” to near expensive style sunglasses called “Bolle”. Well, within a week or so, I lost these one-hundred dollar pair of fancy expensive sunglasses 😦 ! I was working my fast-food job at Taco Bell. I didn’t like wearing my uniform before walking (2-3 blocks) to work, so I would carry a duffel bag with my work-uniform and change in the restaurant’s Men’s Restroom. While changing, I forgot my sunglasses that I laid on top of the sink or toilet??? Well, when I remembered this, I went back and it was gone 😦 This was the last time I spent this much on “sunglasses”. Since this “life-learning” experience, I ‘ve bought cheap “discounted” sunglasses (e.g. gas stations, discounted grocery stores, etc…); However, I try not wear them if I really need to now (e.g. driving when the sun is setting or rising in front of me), which is another “health-related” (see => Medical: How to improve your eye sight Part Two? goodnewshealthandfitness.wordpress.com ) long story!

Money Saving Tips For Students | Financial Advice – YouTube

Money Management Tips For Teens – YouTube

College Days!

When I went to college, I was fortunate and blessed (thankful to God) to get a “full-ride” scholarship for 4+ years. However, I still had my “Room & Board” (Fees and Bills) to cover! I lived in the residential halls all 4 years. I look back and wished, I learned how to live “on my own” in “off-campus” housing to learn about “saving money” more! It was expensive living “on-campus” . I should’ve cooked my food and learned how to live in a “house” (e.g. I would’ve learned about utilities and how to “conserve”) off-campus. Well, I was very “gullible” about credit cards. I was “sucked” into applying for every credit card that was given to me in person on campus. I would sign-up just to get a “free” prize (e.g. t-shirt). I didn’t learn much about “credit-limit”. Unfortunately, I would max all of my 3-5 credit cards on this “pyramid scheme” business my sophomore year!

-Credit Cards

Financial Advice for College Students + Credit Card Tips – YouTube

Credit Cards for College Students: Applications, Income … – YouTube

->Budgeting

Budgeting 101 for Current and Future College Students – YouTube

Financial Literacy – 9 things a college student should know

Career Life

Living Paycheck To Paycheck – YouTube

How To Increase My Income?

Misc.

Financial Literacy 101

William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour

Q: Let me know what you think and feel free to reply with any feedback, personal suggestions-financial advice/tips, comments, etc…

more….
http://financial.goodnewseverybody.com/

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