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Month: June 2017

Short Story: Joe Credit Card and the Money Labyrinth – Part 2

Short Story: Joe Credit Card and the Money Labyrinth – Part 2

If you haven’t read Part 1 of Joe Credit Card and the Money Labyrinth, do so now or you will be really confused as to what this is. I like money, but I find learning about money to be rather boring. Therefore I wrote a fictional short story that will provide financial lessons with an imaginary plot. Now on to Part 2. Joe kept walking on the copper penny path in the goblin’s Money Labyrinth. He started to get hungry…

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Can I use my 401k as a Down payment Shortcut??

Can I use my 401k as a Down payment Shortcut??

You see your friends starting to buy homes, and you also want to jump on the ownership bandwagon. However you might also be thinking, I don’t have $50K for a downpayment. Gahhhh! And even you don’t have $50K in cash, you do have $50K in my 401K plan. What is a 401K? It is a common retirement savings plan from your employer. It is not usually taxable when you contribute money to it, but it is taxable when you take…

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Never regret a purchase again!

Never regret a purchase again!

I love being a cheap AF! There are two ways to increase our net cash flow. 1) Earn more, or 2) Spend less. Yeah, it would be really nice to be able to make more money, but there is limited space as you climb up the latter, and it often means more responsibilities and stress. To me, spending less is way easier. I have a good friend that works atypical hours during the week. This leaves her bored during her…

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First Home as an Investment

First Home as an Investment

Your first home is not just a home. It is also an investment. Unless you’re the average homebuyer. Don’t be average. Wouldn’t it be cool if your first home makes you a ton of money? Well, this post will provide some tips to achieve that and help you create a safety net in case things go south. It’s understandable that you want to pick the place that you like the most (obviously). You want nice countertops, new cabinets, crown molding,…

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Short Story: Joe Credit Card and the Labyrinth

Short Story: Joe Credit Card and the Labyrinth

I like money, but I find learning about money to be rather boring. Therefore I wrote a fictional short story that will provide financial lessons with an imaginary plot. Joe is a good person and a hard worker. However as the years went on, he found himself drowning in debt. He is in credit card debt. And has student loans. And has monthly car payments. Joe has a good paying job, he did well in college and has lots of…

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6 steps to Investment Property

6 steps to Investment Property

You hear of people investing in real estate all the time and you see people scrambling to buy right now. Well here are some steps for you to follow to get into investing in real estate. Step 1. YOU CAN DO IT! And if you are reading this, you are a smart, reasonable, and sexy human being. You just have to get over your fear of a little risk. Buying investment property can be intimidating. And to be honest when I…

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