Posts tagged as:

savings

Commentary

Can you Scratch your Way to Success?

by Brendan O'Brien | August 15, 2009

homeless shelterTo start this game of let’s-pretend, take all the money out of your wallet except for $25. If you have less than $25, put in the additional cash to get to $25. If you don’t have the additional cash anywhere, skip to the end of this post – you don’t need to play this game.

$25 is actually a pretty useful amount of money. You could fill the gas tank of a small car, buy a couple of pizzas, or take your honey to the movies, complete with popcorn. $25 feels pretty comfortable in the old wallet.

However, you can’t afford to have fun with your $25. You have to live on it. It’s all the money you have in the world until you can make some more. What’s more, nobody’s going to loan you any money. You don’t have a credit card or any friends or family members you could squeeze for a few extra bucks.

8 comments Read the full article →
Real Estate

How Far Down Can My Savings Go for a Down Payment?

by Meghan Busch | January 13, 2009

A couple weeks ago in the post, “Would I, Could I, in a House?” we talked about the proverbial housing market stars aligning: Low Down Payments on FHA loans, Low Mortgage Interest Rates, and Low Housing Prices. On account of which I’ve been more purchase-minded.
Inundated with “Information”
Being a first-time buyer (or, house-hunter I should say), I’ve sniffed [...]

2 comments Read the full article →
Real Estate

A TIPS Tip

by Tom Koziol | November 14, 2008

I admit the title is a bit hokey and a play on words. However, it also is one great investment alternative. The reading audience is very well aware of the opportunity in real estate investing but may not be aware of the alternatives that actually produce as promised.
Most people know about CDs, annuities, life insurance, [...]

1 comment Read the full article →
Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.