So what is a mortgage? Sophisticated catchphrases like: it’s good debt’ or ‘a smart use of leverage to obtain an asset’ come to mind. When translated from the Latin (see…sophisticated) it means ‘death pledge’. Either you pay it back or the loan is forgiven when you die. For most, house debt is the largestContinue reading “House Buying 101”
Author Archives: marksdailydollar
Debit Cards
Debit cards do everything credit cards do except let you spend money you don’t have. If you’ve read my previous posts, you know that I’ll never recommend credit cards, but these days some type of plastic is pretty much a requirement. That leaves the debit card. How do they work? Advantages? Disadvantages? Pro tips forContinue reading “Debit Cards”