When should you avoid a mortgage and buy a house for cash? Well, it depends on the relationship between the investment and mortgage interest rates and on how disposable income is managed. Suppose a woman named “Lauren” wants to buy a $200,000 house and she has $300,000 in savings and $2,000/month in disposable income. In […]
Category: Finance
Released New 2020 Tax Brackets for Property Purchase
The continuation of a nation and the economic development that the nation earmarks are driven by the ability of the government to generate income through both local and foreign taxation. A noble tax payer understands the logic behind hefty taxation in the country, but most of the contributors have no rough idea of how […]
Personal Loan is Riskier than You think it is
Nowadays, you can get a loan for almost everything. Whether you want to go for a vacation, do a wedding or even Christmas shopping, numerous banks are willing to give you a reasonable loan. At times the name of the loans might vary. But all that you should know is that they are the same […]
What Causes Rental to be So High
A person is not just imagining things, the cost of rent is on the rise. It seems that rent is very high these days. There are some reasons why the cost of renting is so high. The cost of rent is rising faster than wages. On average a person needs to make almost $23 an […]