Have you ever considered financing your new car for 84 months? That's a full 7 year loan! Granted, I've had my share of 72 month loans. Heck, our Chevy Malibu was a 72-month finance, but we paid it off in just 2 years! But not everyone is getting … [Read more...] about More Auto Buyers Turning to Leases and Longer-Term Loans
Where to start? First, due to the changes in mortgage rates and house prices, we've had to think about refinancing. As I mentioned, we're rather stuck with lower property values infringing on the equity we need to be able to refinance both of our … [Read more...] about Rerouted Debt Payment and Debt Scale Changes
UPDATE: A comment reminded me that you might not all know my status. I graduated college with an undergrad about 7 years ago, but I just started my masters degree in fall 2007. Now back to the story: I found out something interesting this weekend. … [Read more...] about The Government is Paying My Student Loan Interest!
Inspired by FiveCentNickel, I looked into refinancing both our loans into a single 30-year mortgage. If you recall, we're 100% financed on our home with 2 loans. The first (80%) is an interest-only, 5/1 arm that's up in November, 2009, while the … [Read more...] about The Housing Bust Hits Home
In Part One: Luxuries, I outlined the few expenses in our life that could easily go if we wanted to save a few bucks extra, pay off debt faster, or buy that giant 60" plasma TV (with a few months savings of course). In Part Two: Semi-Luxuries, we dug … [Read more...] about What could you give up when you’re in financial trouble? – Part Three
I'm a few days late on this one, but I was pretty busy this past week with closing the pool, a mid-term exam, work, our wedding anniversary, etc. But here it is! My highlights from the Festival of Frugality, hosted by Fire Finance: Here at Clever … [Read more...] about Best Frugality Posts from the Festival of Frugality #96