Absolutely! If you have a mortgage and are paying interest, it is very important to take the mortgage interest deduction. One thing I have heard commonly stated is the statement that “I do not pay off my mortgage early because I do not want to lose the mortgage interest deduction.” I believe this saying was…

A lady who went through the personal finance course that I coordinate told me of her trip to the dentist. The dentist told her that she needed a crown. The cost of the crown was to be $650. She told the dentist, “I am paying cash. $250!” The surprised dentist responded, “$325.” What a deal!…

In conversation with a friend recently, he mentioned that he is starting to check out the new cars because he is going to be buying a car in three years. He has owned his current vehicle for seven years. His goal is to keep it for ten years. NOTE: This is how you win financially.…

A recent study from ACNielsen revealed that about 1 in 4 Americans say that they do not have any spare cash. No wiggle room. No room for an error. No room for an emergency. No room for life to happen. Question: That new car – is it worth being broke over? Question: That student loan…

I am going to attempt to put together my definition of financial peace. If you have other thoughts, please send them to me or comment on them below. Financial Peace – n. a condition where one does not have to continuously worry about their ability to meet their financial obligations; they have financial peace –…

A friend was so excited to tell me today that they received their real estate property tax bill and it was $100 less than they had saved up for it! There was not one hint of sadness that the bill was large (it is a fact of life). There was just jubilation that they had…