Having a good education is more important than ever in today’s tight job market. Unfortunately, along with everything else, the cost of a college education has skyrocketed. Many people have turned to student loans as the way to finance their educations. There are two main sources of student loans, federal loans and private loans. Federally [...]
Entries from March 31st, 2009
Be Careful When Applying For Private Student Loans
March 31st, 2009 · 1 Comment · Banking, Student Loans
Tags: College Education·Federal Loans·Federally Funded Loans·Identity Theft·Private Lenders·Private Student Loans·Tips·Warnings
Debt-to-Income Ratios (DTIs) for Dummies
March 27th, 2009 · 1 Comment · Mortgages
With all the recent government programs available to homeowner’s facing potential foreclosure, understanding debt-to-income ratio is more important than ever, as lenders will be utilizing this parameter to determine your eligibility. Debt-to-income ratio is a simple formula, calculated based on several key elements of a homeowner’s incoming salary versus outgoing expenses. There are two different [...]
Tags: debt ratios·debt-to-income ratio·DTI·foreclosure·loan modification programs·Mortgages·reduce house payment·Refinancing
Recession Taking Cheapskates to New Extremes
March 26th, 2009 · 1 Comment · Budgeting
It would probably be a good premise for a new reality show: 10 cheapskates abandoned on the streets of New York each with a dollar in their hand and the clothes on their backs; will they survive? We all know somebody we either admire (or make fun of) that seems to allow frugality to run [...]
Tags: Budgeting·cheapskates·extreme frugality·frugal living·recession·reducing cost of living·Saving Money
