Owing more on your mortgage than your house is worth may seem like a bad investment. But the alternative – choosing to default on your mortgage even if you can afford the monthly payments – will take a significant toll on your credit rating.
“Strategically defaulting – deciding to stop paying your mortgage regardless of your [...]
photo credit: katialo
It’s no secret, weddings are notoriously expensive and brides are infamously frivolous. Most women dream of their perfect wedding for years. Though pockets may be tight as couples look for ways to make smart, long-term financial decisions, it doesn’t mean the happy bride and groom-to-be have to sacrifice on their big day. [...]
For most of us there has been less wiggle room in the budget, and less time it seems, for spontaneous dining out at local restaurants with friends. Even if you’re OK in that respect chances are that more than a few of your regular friends are feeling the pinch and may drop out from the [...]
