SOLUTIONS for FINANCIAL WELLBEING -
Posts tagged mortgage interest
Home Equity Line of Credit — Use to Pay Off Your Mortgage
Sep 4th
One Year Example of how to use your
Home Equity Line of Credit
to pay off your mortgage.
The way mortgage interest is calculated versus the way a home equity line of credit interest is calculated is a major reason why one can actually use a home equity line of credit to pay off a mortgage much faster while cancelling boat loads of interest charges as well.
Below is a list of 5 differences in the make up of these two home loans. 
Read the rest of this entry »
W2 Employees — How To Keep More Income
May 4th
W2 Employees – How to Keep More Income
What is the biggest single financial obligation of each person in the USA? Taxes.
With all the bailouts, and government spending we can be sure that our taxes will not be being reduced any time soon.
This blog post will be looking at how to increase your networth by just becoming a part-time home-based business owner, and withOUT necessarily making any more money. But making more is always a good thing, if you know the tax rules.
Why own a home-based business?
1. Be your own boss.
2. Capture the power of residual income
3. Be rewarded for business achievements
4. Reap the tax benefits – This is a major major benefit.
We all know that the more money we pay in taxes, the less money we get to keep. So let me ask you this, what can give you a better bottom line, a $2000 raise or owning a home-based business? Keep reading and you’ll guess and understand the answer. Read the rest of this entry »
