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 [...]
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 · Consumer Debt, Mortgages, Real Estate
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 types [...]
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 their [...]
Tags: Budgeting·cheapskates·extreme frugality·frugal living·recession·reducing cost of living·Saving Money
