20 Smart Money Decisions

20 Smart Money Decisions

This is my 20th post on Summit of Coin.  I can’t believe that there has already been 20 posts in two months.  Therefore, I decided to write an article celebrating 20 posts, by discussing 20 smart money decisions that we can all make.  Some of these I may have mentioned in earlier articles, but not all.  For people struggling with money, this affects you daily, because you are wondering if you will be able to pay all of the bills.  Stop worrying and start changing your life.  Use these 20 strategies to start.

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What is Teacher Loan Forgiveness? Is it Worth it?

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What is Teacher Loan Forgiveness? Is it Worth it?

Teacher loan forgiveness is a program that has been implemented by the Federal Government that forgives either $5,000 or $17,500, depending on the subject that you teach.  Since I taught math, my forgiveness was $17,500.  This is only one of the requirements of this program and I will detail how you can utilize this program as a way to get some of your student loans forgiven.  

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15-Year Mortgage vs. 30-Year Mortgage

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15-Year Mortgage vs. 30-Year Mortgage

Personally, I don’t like being in debt and I personally don’t like paying interest charges.  A house is a big ticket item that my wife and I will purchase using a mortgage, but we will only take out a 15-year mortgage, because the math is just so obvious about how much you save when compared to a 30-year mortgage.  There are two reasons why I prefer a 15-year mortgage.

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Steps to Financial Independence: Step 4

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Steps to Financial Independence: Step 4

Step 4 is the biggest step to financial independence!  This is the step where you are investing tons of money for your future self.   There is a lot of history and a lot research that shows that the best way to save for the future is to invest.  These investments will grow over time and you will have a substantial amount of money.