Archive for September, 2009

Turn a depreciating asset into an appreciating asset.

Turn a depreciating asset into an appreciating asset. A simple and common car purchase example: Car cost $25,000 – term 4 years – interest 7.87% 1) Finance car through bank or other lending institution; After 4 years you have paid the bank $25,000 + $4,222 = $29,222.00 principal and interest. Suppose depreciated value of car, […]

September 21, 2009 · Jennifer · 3 Comments
Tags: , , , , , , , , ,  · Posted in: Turn Depreciating into Appreciating Asset

Multi-Task Your Money By Understanding Core Banking Principals and Tier One Assets.

Multi Task Your Money by Understanding Core Banking Principals and Tier One Assets It seems to me that what we are constantly being taught to do with our money is exactly what is best for the financial institutions. They have their profits in the forefront of their advice to their customers. You and only you […]

September 10, 2009 · Jennifer · 5 Comments
Tags: , , , , , , , , , , , , , , ,  · Posted in: 401(k), Multi-Task Your Money

Home Equity Line of Credit – Use to Pay Off Your Mortgage

One Year Example of how to use your Home Equity Line of Credit to pay off your mortgage. Ask for a free analysis of your finances here. 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 […]

September 4, 2009 · Jennifer · 10 Comments
Tags: , , , , ,  · Posted in: DEBT ELIMINATION, Home Equity Line of Credit

Interest – Rate vs Cost using 6% Mortgage and 10% HELOC.

How can borrowing at a 10% interest rate pay off a 6% interest rate? 845-649-7487 – Jennifer Hansen

September 3, 2009 · Jennifer · No Comments
Tags: , , , , , , , ,  · Posted in: Interest - Rate vs Cost, When Can You Borrow Money But Not Be In More Debt?