Save Money by Accelerating Our Mortgage Payoff

Save Money by Accelerating Our Mortgage Payoff

click photo for more information
Save Money by Accelerating Our Mortgage Payoff
Let’s save money by accelerating our mortgage payoff. Face it interest rates rising recently signal that the FED is succeeding in getting overall inflation up to two percent. In some areas, inflation is already higher. Look at rents, housing prices, healthcare, gasoline, and food. The need to save money is becoming a priority. There are only so many ways to make our incomes stretch.  One way of saving is often overlooked: saving money by accelerating mortgage payoff. Brian Kline at Realty Business writes, “There are many ways of accelerating mortgage payoff and doing so can save you 20, 30, 40, 50, thousand dollars over the life of your mortgage. For instance, you might make minimum payments for the first 5 years on a $200,000 30-year mortgage at 4.2 percent. Then, at the beginning of the fifth year, you start adding an extra $150 to your monthly payment. Your interest savings over the remainder of the loan is $26,093. A 17.15 percent savings.” But there are many methods to saving money by accelerating mortgage payoff.  Here are 4 more ways to Save Money By Accelerating Our Mortgage Payoff Save $34,449 with regular extra annual payments.Using the same $200,000 30-year mortgage at [...]
0
399

Comments

How to Start an Etsy Shop (Hint: You Don’t Have to be Creative!)

click photo for more information
How to Start an Etsy Shop (Hint: You Don’t Have to be Creative!)
Are you the creative type? Ever think about using that creativity to make some cash? Etsy shop owners make hundreds of millions of dollars a year collectively by selling on the site. That means you [...]
6
12

How Can Kids Make Money? Try One of These Ideas!

click photo for more information
How Can Kids Make Money? Try One of These Ideas!
Can your kid make money? Does he or she want money? Do you want him or her to stop asking you for money? I’m guessing your answers to these questions are yes, yes and yes. Luckily, we’ [...]
1
42

How to Make Extra Money at Night (Starting Tonight)

click photo for more information
How to Make Extra Money at Night (Starting Tonight)
I know exactly what it’s like.  You’d like to make extra money.  You’ve really thought long and hard about it. But there’s one thing that gets in the way – your job!  Your [...]
8
16

How to Invest in Dividend Stocks (and When You Shouldn’t)

click photo for more information
How to Invest in Dividend Stocks (and When You Shouldn’t)
Are you interested in an easy and sure-fire ways to create a steady stream of truly passive income? Then you need to know about investing in dividend-paying stocks. Investing in these hidden gems coul [...]
1
48

My Experience with a Fannie Mae HomeStyle Renovation Loan – 120k Purchase price + 120k Renovation Cost

click photo for more information
My Experience with a Fannie Mae HomeStyle Renovation Loan – 120k Purchase price + 120k Renovation Cost
As a real estate investor, I am constantly trying to teach myself about different ways to purchase real estate properties.  My strategy has typically been the buy and hold method.  I prefer to purch [...]
14
54

How the Dogs of the Dow Can Make You Rich (Why Blue Chip Dividend Stocks Rock!)

click photo for more information
How the Dogs of the Dow Can Make You Rich (Why Blue Chip Dividend Stocks Rock!)
Are you eager for some easy passive income? Dividend-paying stocks are a great way to build up a truly passive income stream. For doing nothing more than simply being a shareholder of stock, the compa [...]
7
25

How to Make Money with ClickBank Selling Other People’s Products

click photo for more information
How to Make Money with ClickBank Selling Other People’s Products
Did you know you can make money selling other people’s products? There’s a surprisingly easy way you can earn passive income simply by linking to products that other people create. This ar [...]
1
64

How To Flip Houses Without Money Or Stress

click photo for more information
How To Flip Houses Without Money Or Stress
Brad Chandler joins us on today’s show to talk about how he flips homes with no money, no renovations, and no stress! Brad is the CEO of Express Homebuyers, a real estate investing empire that do [...]
8
218

How to Get Free Money Fast Using Swagbucks and Ebates

click photo for more information
How to Get Free Money Fast Using Swagbucks and Ebates
How would you like to get free money fast? Several companies are giving away free money to people just like you every day. Interested? It’s easy. How? By taking advantage of online shopping r [...]
4
68

Using Peer to Peer Lending Sites for the Best Personal Loans and Passive Income

click photo for more information
Using Peer to Peer Lending Sites for the Best Personal Loans and Passive Income
Have you considered taking advantage of p2p lending as a passive income source? This exciting source of passive income is growing portfolios everywhere. It’s also helping borrowers get out of de [...]
8
70

Using Continuously Compounded Interest to Create Big Passive Income

click photo for more information
Using Continuously Compounded Interest to Create Big Passive Income
Have you ever wondered why so many people are obsessed with making money from the stock market or other similar investments? If so, you should become acquainted with the power of continuously compound [...]
2
59

What to do with Extra Money You Have at the End of the Month

click photo for more information
What to do with Extra Money You Have at the End of the Month
What to do with the extra money you have at the end of the month. That’s called Discretionary income. Disposable income is a person’s take-home pay used to meet both essential and nonessential exp [...]
5
83

July 2019 Net Worth Quarterly Update

click photo for more information
July 2019 Net Worth Quarterly Update
  This is my official Quarterly Net Worth Update for the 2nd quarter of 2019 (April – June). Below are my actual numbers for ALL my investments and liabilities as of 06/26/2019. Detailed ex [...]
5
73

Smart Money Moves to Maximize Income

click photo for more information
Smart Money Moves to Maximize Income
Making sure that you have more money coming in than going out is important, but it is maximizing every dollar that comes in that will set you up for success not only right now, but to build for your f [...]
0
86

Working from Home is a Money Saver with a Smile

click photo for more information
Working from Home is a Money Saver with a Smile
These days so many employers are allowing staff to work from home.  It does make some who’s job function does not allow it to be jealous either around the office, or among friends and family who wo [...]
1
96

Credit Cards Have Many Benefits (as Long as You Pay the Full Statement Balance)

click photo for more information
Credit Cards Have Many Benefits (as Long as You Pay the Full Statement Balance)
Growing up, even hearing the word credit card immediately brought a negative connotation when it came to making purchases.  Not that it was a bad thing, but even in recent years, using cash, real act [...]
8
78

7 Ways to Strive to Earn Passive Income

click photo for more information
7 Ways to Strive to Earn Passive Income
No matter your income level, it is always good to plan for the future to ensure that you will be financially stable to enjoy life to the fullest in your later years.  While we will be lucky if there [...]
8
106

Ways to Shoot for Getting Rich in 2018

click photo for more information
Ways to Shoot for Getting Rich in 2018
Now this isn’t meant to get your hopes up that you will wake up in 2018 and automatically be rich, as it takes years upon years to get to that point, but the longer you put it off, the longer you wi [...]
0
124

Tricks to Use to Become Financially Successful

click photo for more information
Tricks to Use to Become Financially Successful
If you take a look at your successful family and friends, what led them to that path?  Surely you can ask what advice they have to offer.  The household finances, especially if you share with a sign [...]
0
118

Living an Organic Lifestyle on a Budget

click photo for more information
Living an Organic Lifestyle on a Budget
In these modern times, it is very common for aspects of our lives to be polluted by synthetic chemicals. This is the case for our food, furniture and clothing. Many people would prefer to live as natu [...]
0
127

6 Smart Money Moves to Begin Making Now

click photo for more information
6 Smart Money Moves to Begin Making Now
Handling the household finances are tough, so much in fact that it’s no wonder why most do not hold down a successful budget and are in credit card debt.  Now, you don’t have to run a budget to b [...]
0
97

What Is Residual Income and How Is It Different from Passive Income?

click photo for more information
What Is Residual Income and How Is It Different from Passive Income?
If you look into different ways to earn passive income for any amount of time, then you’ll probably notice that people will also often refer to it as “residual income”.  Though the two a [...]
2
102

The best online savings accounts of 2019: How to find the best high yield online savings account

click photo for more information
The best online savings accounts of 2019: How to find the best high yield online savings account
Finding the right savings account can get you an extra $200 for free this year. Depending on your balance, it could make you a lot more money. Let’s say you have $10,000 to put into an online sa [...]
1
210

The No Ask Approach To Private Money Lending

click photo for more information
The No Ask Approach To Private Money Lending
Today’s guest, Jay Conner is known as The Private Money Authority and he is here to teach us his “no ask” approach to raising money from private lenders for real estate investments. [...]
1
781

The Proper Way To Wholesale—Double Your Money In 21 Days Or Less

click photo for more information
The Proper Way To Wholesale—Double Your Money In 21 Days Or Less
There are many advantages to wholesaling land, but do you know the proper process so it’s a win win for both the buyer & the seller? In this week’s Round Table discussion, Mark and Team Ge [...]
1
889

175 – Quick and Easy No Money Down Secrets

click photo for more information
175 – Quick and Easy No Money Down Secrets
Quick and Easy No Money Down Deals – Part 1 This week I talk about quick and easy no money down deals, in fact I am writing an ebook on this very topic which will be available in the next few [...]
1
196

World-Class Land Investor Who Makes Money On The Fly

click photo for more information
World-Class Land Investor Who Makes Money On The Fly
Our guest, Austin Krajicek, is not only a current coaching client, he is also a professional tennis player who travels the world and ranks #39 in doubles… and he joins us today to talk about hi [...]
1
819

174 – Crowdfunding Lessons with Private Money Rockstar Jillian Sidoti

click photo for more information
174 – Crowdfunding Lessons with Private Money Rockstar Jillian Sidoti
Crowdfunding Lessons with Private Money Rockstar Jillian Sidoti This week I interview Private Money Rockstar Jillian Sidoti who is one of the country's leading experts on Regulation A+. (Regulation [...]
1
212

April 2019 Net Worth Quarterly Update

click photo for more information
April 2019 Net Worth Quarterly Update
  This is my official Quarterly Net Worth Update for April 1st, 2019. Below are my actual numbers for ALL my investments and liabilities as of 03/31/2019. Detailed explanations and a quick summar [...]
1
229

Building an Understanding of Your Market

click photo for more information
Building an Understanding of Your Market
When you’re running a business, your work never ends: one of the things you have to accept is that a business isn’t a single project that concludes successfully after you put in lots of work. It [...]
0
282

More Money Monday Tip

click photo for more information
More Money Monday Tip
More Money Monday Tip Connect on Facebook Share [...]
1
262

How to get college scholarships in 2019 (how I got $100,000+)

click photo for more information
How to get college scholarships in 2019 (how I got $100,000+)
How to get scholarships in 3 easy steps Step 1: Adopt a robust “scholarship application mindset” Step 2: Learn to find the scholarships that will pay THOUSANDS Step 3: The only application [...]
0
244

How to talk to people (even if you don’t know what to say)

click photo for more information
How to talk to people (even if you don’t know what to say)
You’ve probably been there before: You walk up to a group of friends talking. Stand there awkwardly while waiting for one of them to notice you. Wish for death. You start telling a story to a grou [...]
0
241

Ways You Can Become Financially Stable

click photo for more information
Ways You Can Become Financially Stable
While figuring out whether you’re financially stable or not has a little more to do without just being able to decide if you could survive longer than paycheck to paycheck, but more has to do with a [...]
1
247

Fear of Not Having Enough Money

click photo for more information
Fear of Not Having Enough Money
Fear of not having enough money. A staggering two-thirds of Americans are more afraid of a money-related catastrophe than anything else, including death, according to a recent survey conducted by GO [...]
1
344

How to Save Money on Food Expenses

click photo for more information
How to Save Money on Food Expenses
While there are certain monthly expenses that can be cut if you try hard enough, such as a gym membership or even a cable bill with so many streaming options these days that it doesn’t make sense to [...]
0
281

The Biggest Retirement Planning Mistakes

click photo for more information
The Biggest Retirement Planning Mistakes
Staying on top of the family finances is a huge responsibly, probably one that should not be handled alone without the help of your significant other, or even a family member or friend that you trust [...]
1
297

15 lessons on money and marriage from couples who have been married 10+ years

click photo for more information
15 lessons on money and marriage from couples who have been married 10+ years
We asked members of the IWT community who have been married at least 10 years (aka “forever” in Hollywood years) to share their #1 piece of financial advice for couples. Here’s what they said: [...]
0
314

How to ask your boss for a promotion (with word-for-word scripts)

click photo for more information
How to ask your boss for a promotion (with word-for-word scripts)
Knowing how to ask for a promotion can make you rich Many of my students and friends who’ve used the techniques I’m going to share have successfully earned raises of $10,000 or more. But even if a [...]
0
286

How to Reduce Monthly Money Wastes

click photo for more information
How to Reduce Monthly Money Wastes
Believe it or not, it can be harder to stay on top of your finances compared to losing weight, which is a popular resolution this time of year.  The problem is, you join the gym and try to make a [...]
0
325

Retirement – How Much Money Do You Need?

click photo for more information
Retirement – How Much Money Do You Need?
Christy Bieber at the Motley Fool writes, “Retirement is a milestone most of us will someday reach because few people work until the end of their lives. But only around one-third of Americans are ve [...]
0
313

Boosting Your Credit Score Can Save You Money

click photo for more information
Boosting Your Credit Score Can Save You Money
Whether you know it or not, your first impression to a potential lender is your credit score, which can not only decide your approval fate, but also, if approved, what your rate and terms are.  F [...]
1
275

How Much Money Do You need to Invest in Real Estate?

click photo for more information
How Much Money Do You need to Invest in Real Estate?
The stock market has lost all its gains for the year. We are still up over 6,000 points since the Trump election. Some are getting nervous, and have moved money out of stocks into bonds. However, real [...]
0
379

April 2018 Net Worth Update

click photo for more information
April 2018 Net Worth Update
  This is my official April 2018 Net Worth Update. Below are my actual numbers for ALL my investments and liabilities as of 05/01/2018. Detailed explanations and a quick summary can be found belo [...]
0
362

Peer-to-Peer Lending and a Savvy Investment Portfolio

click photo for more information
Peer-to-Peer Lending and a Savvy Investment Portfolio
Peer-to-peer lending is just one piece of the greater sharing economy that has boomed in the past ten to fifteen years. In a nutshell, it allows regular non-institutional investors with just a few hun [...]
0
348

Honeymoon tour continued: My Rich Life travels in Africa

click photo for more information
Honeymoon tour continued: My Rich Life travels in Africa
I’ve been sharing my honeymoon stories and other aspects of my life on my Instagram stories. In the last installment of my Honeymoon Series, we explored Italy with our parents, and now we’ve move [...]
1
403

Money Dials: Why you spend the way you do

click photo for more information
Money Dials: Why you spend the way you do
Do you ever wonder why people spend their money the way they do? Why take an expensive Uber when you can walk 20 minutes to get to the same place? Why pay for first-class tickets when we’re all goin [...]
1
355

4 easy money fixes to do before New Year’s

click photo for more information
4 easy money fixes to do before New Year’s
Ah, the new year. A time for parties, champagne, and questionable decisions made because of the aforementioned parties and champagne. Before you say goodbye to 2018, there are four things you can do t [...]
0
339

Money Mistakes You Should Avoid Going Forward

click photo for more information
Money Mistakes You Should Avoid Going Forward
You may think you are going about your finances the right way, month over month, year after year, making sure your bills are paid on time,and yes while that is important, there is actually much more t [...]
1
360

Honeymoon BTS: What a Rich Life looks like for me

click photo for more information
Honeymoon BTS: What a Rich Life looks like for me
I always knew that I wanted our honeymoon to be unforgettable. My wife and I were thinking about doing a safari, and when we went out with a few married friends and told them, they said, “That sound [...]
0
369
load more posts