All Posts Tagged With: "logic"
Credit Cards Or Mortgages: Which To Pay First?
Conventional wisdom has it that folks will use their last dollar to pay their mortgage while other bills remain unpaid, but a new study says otherwise. A new study by TransUnion, the big credit reporting agency, says there is now a new payment hierarchy where consumers pay their credit cards before their mortgages. “The percentage [...]
4Feb2010 | Peter G. Miller | 0 comments | Continued
Why Suze Orman Is Wrong
I find many of the financial suggestions and strategies offered by Suze Orman to be sound and sensible, especially her recommendations to eliminate credit card debt and bulk up savings. Her efforts to encourage thrift and common sense should be applauded. That said, she has an article with which I disagree in the January issue [...]
5Jan2009 | Peter G. Miller | 0 comments | Continued
Should You Prepay Your Mortgage?
Does it make sense to prepay your mortgage or buy real estate with a big downpayment? Buying with no money down in a rising market can be — with caveats — attractive. The caveats? First, there are no guarantees that either prices or rental rates will eternally rise. Second, less down means more debt and [...]
18Sep2008 | Peter G. Miller | 1 comment | Continued
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