Living for today - Planning for Tomorrow
I’ve read more than a couple articles predicting gloom and doom for the commercial real estate industry. Many are concerned with an impending collapse of the commercial real estate market and what that is going to do to the many banks that have billions in loans supporting it. Not being an expert on anything related to the subject, all I could do was ponder whether
We have some friends that have been really scraping by because one of them lost their job almost a year ago. Well, they are both finally working again and you can sure tell the pressure is off. After being back at work for only 3 days, they’ve gone out and bought a big screen television. Apparently all their fears and worries about how they were
David over at My Two Dollars blogged about whether he thinks it’s okay to walk away from a mortgage. Originally, back in 2008, he said he didn’t think it was okay and was just wrong. Fast forward to today and he has changed his mind. He now believes, in light of all the government support the banks are receiving (and not really passing it on
I was browsing around on Craigslist and came upon this ad: BEAUTIFUL M3 White exterior / Black leather interior Dual clutch system Technology Pkg. Fully Loaded Carbon Fiber Roof Premium Sound System Navigation You can either buy it outright for $56,000 or assume my lease of $1309.10 per month for the remaining 20 months of the lease term. Residual is approx. $36,000.00 Seriously? A monthly
I finally blocked out a bit of time to take an early look at our taxes now that all of our W2’s and 1099’s have arrived. I haven’t bought the 2009 Turbotax software yet so I decided to just quickly punch all the numbers in to the Turbotax website with bogus personal information. With both my wife and I working and online income, it has
I have started using a new WordPress tool so that ELYM is optimized for viewing on Iphones and Ipod Touch’s. It actually looks pretty cool. It’s clean and gives you just the information you really want. (No ads, links etc) It does a great job of showing you how many comments an article has and loads very fast. Just one more way to view ELYM.
I was absolutely shocked to see that low end house prices in my area have come way down. It’s possible to buy a house for $125,000 that is in relatively good condition. The cheapest house that was available during the peak of the real estate market was over $200,000. Prices are getting to the point that, with $25,000 down, we could acquire a rental property
I was absolutely thrilled to discover that my credit union now offers online deposits. For the last few years, I’ve really dreaded getting physical checks from people because it meant that I’d have to plan a trip to an ATM or one of my credit union lobbies. Don’t get me wrong, the people at my credit union are top notch, but it’s just such a
I think alanis morissette wrote a song called ironic. This probably should have been included. Deborah McDonald was hit and killed by a car in northern Ohio on the same day that she received a lottery check for $5520. While that isn’t a huge amount of money, apparently it was more than she’s used to. After going out for drinks and buying wedding rings for
If you’ve been reading my blog for any length of time, you know that I’m not a huge fan of banks. I used to use banks exclusively and then I discovered credit unions. Without question I still believe if you have a choice between a good solid credit union and a large national bank, you should choose the credit union. Not everyone feels that way.
