The interest rate you get with the debt is not the interest affecting your credit. It is the interest rate you pay back the money owed. The best way to attack any debt is to consolidate all debts into one (including your mortgage) and aggressively attack the debt per paycheck...
Don’t be afraid of money.
Respect the fact your earnings can help you leave a legacy for your family. Money is not evil. It is a necessary tool. You woke today, therefore, you have the ability to start over. But you need to get your mind involved in living a healthy lifestyle. Follow logic. The...
Did your extended family made the decision to consolidate your housing into one?
Did different members of the family sell their homes then buy a home that accommodates all members of the family? How are you treating your money now that you feel confident you cannot be affected by the continual onslaught of unwelcome economic conditions? One thing you should think about is...
How is compound interest affecting your financial freedom?
Interest is a penalty for barrowing money/property. It works the same for home, car or credit card. You owe interest on the daily outstanding balance (total balance multiply by interest rate equal yearly balance due, divided by 360 months (30-years), is your daily interest payment – also known as “Per...