Considering the shape of our banking system its time to take a good look at what we can do to get more out of our money.
Our monthly cash flow generally earns nothing. We earn no interest on our checking accounts and so little on savings it is hardly worth it. Yet most of our [...]

Popularity: 2% [?]

 
The simple answer is NO. Mortgage interest costs you more than the deductions are saving. If you have the opportunity to pay off your mortgage early you should do so. Lets look at the numbers.
Lets assume that you earn $90,000 per year which would put you in a 25% tax bracket without any mortgage interest [...]

Popularity: 3% [?]

If you are like an increasing number of American homeowners you have a strong desire to be out of mortgage debt as quickly as possible. These past few years have left many people very gun shy of mortgage debt. Normally, our vision of retirement is not complete until that ball and chain is cut loose.
Homeowners [...]

Popularity: 100% [?]

If you are a homeowner you have definitely experienced a time where you opened the current months mortgage statement and noticed how little of your hard earned money went towards principal. It is a hard reality that we all have faced. Why is this?
The problem is the 30 year amortization schedule combined with the closed end [...]

Popularity: 5% [?]