I frequently hear people debating whether to pay off a home mortgage, which usually has a relatively low interest rate, or invest the money. Often the misguided answers to this question stem from only looking at the interest rate for the decision, as if it were the only valid variable. The following are the mistaken … Read more
One of my blog readers recently found a house that he felt would be good for his family and met their needs. He made an offer on the house, but his offer was not accepted. He is currently continuing his search. He contacted me because his friends, after hearing about the house he put an … Read more
It seems like every day I read a request on social media asking for input on whether or not someone can buy an expensive item. More often than not the item is an automobile and the question is posed anonymously as if the purchase of a car is top secret/privileged financial information. Rarely the situation … Read more
(My wife and I will soon be enjoying our timeshare on a three week snow birding vacation in the Texas cities of San Antonio, Austin, and Galveston. If you live in or near any of these cities (Houston?) and would like to join us for a meet up, contact me, we’d love to meet you.) … Read more
(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in late September. I hope to meet many of you in person and in the mastermind groups at the event. You can also stay home and enjoy the conference virtually.) (Today’s guest post comes to you from Miley, the Tech Blog Girl, who … Read more
(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in September. Before the price goes up in a few days. I hope to meet many of you in person, or you can stay home and enjoy the conference virtually.) Many people have told me they thought two of my books contradicted … Read more
Often when I speak live or make comments on social media, someone inevitably will conclude that the reason I was able to retire at a younger age than they could was because I was a specialist and made more money than them or that I didn’t experience a bad event that they had experienced. It … Read more
Happy Father’s Day Week! I was recently reminiscing about my first year as a new grandfather. My wife and I have a lot of fun spending time with our grandson two days a week while his parents are at work. He is a joy to play with and he is learning new things daily. One … Read more
Last March while we were traveling home in our RV from our snow birding trip to Mesa, Arizona, I turned sixty. On our way to Southern California to meet some friends, we stopped at a bakery to pick up a cake. We enjoyed celebrating my birthday that evening with our friends, but it didn’t set … Read more
(Today’s guest post comes from Patrick Bailey. Patrick writes in the field of mental health, addiction, and recovery. If debt seems to bug you, you will find this helpful) In a perfect world, you would never need to go into debt to buy a car or home, but the reality is that the cost of … Read more
