There are banks, NBFCs and online lenders who promote easy and quick loans on flat interest rates. These flat interest rates have been used as a marketing tool by lenders for enticing a customer by quoting low-interest rates and mislead them into taking a high-cost loan. With such interest loans borrowers fall […]
At a recent party, I had a very interesting conversation with an old and good friend (I’ll call him Jeff). It started when Jeff asked me how my work was going. Jeff had no idea that I had quit my job. He also didn’t know about my blog or stealth wealth, but I […]
My cover as a blogger was blown last year when a story about us went viral. I knew something was wrong when the blog went down. When it finally came back up, I had over 30,000 page visits and it was still before noon. On that day, we weren’t so anonymous anymore. […]
I was interested to see a spirited conversation on a blog post regarding retirement. Talk turned to the topic of the right way to invest for retirement. Should it be systematic investing with dollar-cost averaging or timing the market (buy low/sell high)? But here is the other side of the […]
I was interested to see a spirited conversation on a blog post regarding retirement. Talk turned to the topic of the right way to invest for retirement. Should it be systematic investing with dollar-cost averaging or timing the market (buy low/sell high)? But here is the other side of the […]
So, you’ve decided the time is right to purchase a home. Congratulations! You’ve evaluated your household budget and savings, looked into mortgage options and even started browsing home listings. Everything seems to be right on track. Your debt-to-income ratio is ideal and you feel confident monthly payments won’t be […]
Student loans are a familiar financial struggle. With over 40 million Americans in student loan debt, and the average income not rising to compensate, many young adults are foregoing other major life events. However, there comes a point when postponing marriage, home ownership and ample savings becomes concerning as well. […]
At some point, everyone has been confronted by a cashier during checkout at either a big box store, department store or grocery store and asked about signing up for a sore credit card. The rapidly delivered rehearsed speech can leave customers feeling pressured into making quick decisions, as other […]
It’s a familiar story: The inkling for a new home begins to set in, the online search begins and budgeting comes closely behind. As the numbers fall into place and the search is moved away from the computer, many homebuyers fall victim to “dream home euphoria,” a state of mind […]
Planning a summer vacation can be fun and exciting! Dreaming about where your next adventure will be and all that you can discover is something many of us do. Most recently, my husband and I were daydreaming about a trip to Germany this summer. We had big plans, but once […]
If you have ever been in the market for a sizable loan, you likely have heard about loans being categorized as “fixed” or “adjustable.” While the consensus suggests that fixed interest rates are the way to go over the lifetime of a loan, the option for adjustable rates is still […]
