Tag Archives: budget

Jim Asks… I have accumulated a fairly significant amount of credit card debt over the past year. Unfortunately, I have some bad money habits. What can I do?

You are not alone when it comes to credit card debt, according to a survey done by Card Hub, Americans accumulated over $18.4 billion in credit card debt in the second quarter of 2011 alone. As credit card debt in the … Continue reading

Andrew Asks… I want to buy a home but am having trouble saving money for a down payment. Any advice?

Andrew, You are not alone when it comes to finding out that saving money for a down payment is quite challenging. In a recent survey conducted by Trulia, 70% of people said that owning a home is ultimately part of … Continue reading

Back to the Traditional Down Payment

In today’s mortgage market, it is no longer necessary to have a 20% down payment in order to qualify to purchase a home.  However, you pay for the privilege of being able to buy a home with no savings by … Continue reading