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The right kind of mortgage modification can be a true opportunity for families today. Not all mortgage modifications are the same and the success rates have not been as high as economists had hoped. In fact, a high percentage of modified mortgages are going into ‘re-default’. The most likely group are those that did not have [...] I guess it is official, we’re in a Recession. It is official because the economists have declared it so. Apparently the recession started in December 2007, so we’ve been in a recession for about 1 year now. The good news is that it has felt like a recession for about a year. It seem like I’ve [...] Every once in a while I need to remind myself to “Do the Next Right Thing”. A simple statement but very powerful; it serves to refocus my attention and reprioritize. Everyone should use a similar tactic themselves. Usually it has a calming effect because I know that if I slow down and just follow my own [...] Be prepared for sharp increases in tuition at colleges across the country starting next year and for the trend to last for years! The cost of higher education is one of the most significant costs that families face. Without a plan, Out Of Pocket Savings (OOPS) can be reduced faster than for any other expenditure and [...] Paying for College is becoming more difficult and I wrote about the Perfect Storm recently. Now let’s introduce the Perfect Solution for College Costs. Sharing the Burden: Grants OK. I got a little carried away with that last one. Can you [...] |
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