In order to know when is a good time to buy a house, you need to look into the costs associated with buying and own a home and other factors. In this post, I will discuss all the factors associated with buying a house and the costs associated with buying and owning a home. What are the costs associated with
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What You’ll Learn There’s no one biggest factor in determining mortgage price There are many factors that help lenders set interest rates Some of the factors are within your control There are a lot of different factors that decide the price of your mortgage. Some factors depend on you, the homeowner. Some depend on the particular property you have in
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Are You Ready to Buy Your First Home? Many renters opt to remain renters for a long time for different reasons. Some of them value the flexibility of having a landlord take care of some of the headaches that come with living in a house or apartment. Others find it convenient to be able to relocate to another place with
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Three years ago, my current employer introduced a health savings account (HSA) as an option for my medical benefit. I briefly went over the plan but ultimately chose a PPO version. It’s not until recently that I discovered that HSA plans offer so many benefits and can be used as my third tax-advantaged plan. Some even called the health savings
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There are many ways to invest in real estate. In today’s post, I am going to go over 5 ways to invest in real estate. Real estate can be argued as a part of a well-balanced investment portfolio and is a good asset class for diversification. Investment in Real Estate-traditional route Traditional real estate investment is self-explanatory. You acquire a
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I will have paid off my student loan at the end of July 2019. My next major financial action is an early mortgage pay off. Early Mortgage Pay off Strategy Early Mortgage Pay off using HELOC Surveying the inter-web there are many options and strategies in which to to pay off my mortgage early. The first option I stumbled upon
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Step by Step on How to Invest Your Money In the post, I will show you exactly how to invest money in seven steps. Starting with the lowest risk and progressing to higher risk forms of investment. How to invest Money Step 1: Low-Risk Investment Here, you’re looking for a basic place to put your money. The number one choice
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I signed up for a free trial of Audible and got a free audiobook. Due to the high recommendations from friends and other personal finance bloggers, I chose Rich Dad, Poor Dad as my starter audiobook. As a busy pharmacist, while maintaining a nascent blog, I find myself with less and less time. I turned to podcasts and now Audible
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What’s my net worth in May 2019? When I graduated from pharmacy school in 2011, I had a negative net worth of $218,000 with a combination of student loan and credit card debts! It has been a humbling experience clawing my way of that debt to having a net worth of $241,451 at the end of May 2019. I was
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