interest rates

The 1% Rule: How to know when to move your money

Not every deal necessitates the hassle of moving your money or accounts around, but the 1% Rule is a good threshold to keep in mind. … Read More

Is it too late to buy a home?

With rising mortgage rates, some people may be wondering if it’s too late for them to buy a home. I believe that is the wrong question to ask. You’ve doubtlessly noticed how everything is getting more expensive, whether it’s food, … Read MoreRead More

Why you shouldn’t panic when mortgage rates rise

Mortgage interest rates are rising, but rushing to buy a home before prices rise further will lead only to worse financial challenges. I’ve always thought of homeownership as a kind of train. As renters, you’re running behind it, trying to … Read MoreRead More

Half car

More lying with numbers: What it really means to be half-wrong about interest rates

It is possible to lie with numbers, or at least mislead. We’ve seen this before when talking about how many hours you have available to work in a given week. It’s not the numbers that are doing the lying, of … Read MoreRead More

Is there ever a reason to buy a new car?

  New cars are alluring. Who can deny that? The combination of something being all new, mixed with the sense of freedom (real or imagined) creates an intoxication that is hard to resist. Notice I said “intoxication.” Like lots of … Read MoreRead More

Ignore interest rates on debt

  “This card has a 12% APR.” “My student loan is fixed at 5%.” “I can get a new car with a 0% interest loan.” Interest rates are talked about quite often when it comes to financial matters. Mostly, this … Read MoreRead More