I remember when our church in Emmett Idaho finally was able to retire the mortgage. Our parish had a pot luck dinner; several parish members spoke, including my mother, and then a ceremony to burn the mortgage. I was 11 years old then and knew nothing of money or a mortgage; what I do remember [...]
Your credit score is used to evaluate your credit worthiness and determines the amount of the loan (credit) that you receive and the interest rate of that loan. The average credit score in the U.S. is around 678-750, but the average American is also more than Eight Thousand dollars in debt. While a credit score of 678 won’t keep you from getting a loan, it won’t necessarily guarantee you the best interest rate either.
Like the old song says "Time is on your side," or is it? The biggest question everyone has about retirement is how much income they’ll need each month. This curiosity stems out of how most people live in their pre-retirement years—living off of salaries, commissions and bonuses, and spending most of what they make each [...]