Nine Year Mortgage Blog

9 Year Mortgage Advice: Teaching Financial Responsibility to Children

Cassandra — Thu, 17 May 2012 20:44:51 +0000

9 Year Mortgage Advice: Teaching Financial Responsibility to Children

The last thing you want as a parent is to see your child grow up to struggle with financial problems and debt like the hundreds of thousands of Americans who currently are. 9 Year Mortgage has 5 suggestions for teaching your children how to be money-smart.

Start Early. 9 Year Mortgage advises that you start talking to your children about money from a young age. You should tell them that you have a job where you earn money to pay for things so they understand that money doesn’t grow on trees, and that plastic card in your wallet isn’t magic. It’s difficult for kids to understand the concept of paying for something when they see you pay with a credit or debit card. It can be helpful to sometimes pay with cash to help them get a visualization of a transaction.

Teach by example. Let your children see you practice self-restraint. Set an example by budgeting and show them how compare prices while you’re out shopping. 9 Year Mortgage knows that kids will follow the example their parents set, regardless of the lessons you try to teach them. If your kids don’t see you applying these important lessons into your own life, there isn’t a good chance that they will either.

Let them practice. 9 Year Mortgage believes that using an allowance is a great method to teach kids about spending wisely. Let them experience spending money on a purchase that isn’t well thought out. If your son spends his money on something wasteful, and later realizes he wants something else, teach him that he should think about how he spends his money before making a purchase. Don’t bail him out. Kids are more likely to remember that experience the next time they have money in their pocket, and will hopefully be more inclined to spend on something worthwhile, or even save for a bigger purchase.

Chores. 9 year Mortgage is certain that if children have to work for their money, they will value it even more. Follow through on your end, and make sure that they complete chores necessary in order to earn their allowance. It’s important that children understand the concept of earning money, rather than being handed money freely. Some experts believe that there should be 2 sets of chores in the home. The first is the normal expectations of a family member, picking up after yourself, brushing teeth, etc. The second group is extra chores that kids can be paid on. These include washing the car, setting the table, mowing the grass, etc. This instills the idea that family members have certain expectations, but also that it’s necessary to work to earn money.

Savings. Teach your kids about saving money for bigger purchases. It’s important that children learn to control the need for instant gratification. It’s also important to teach them to save money for college. When they receive birthday or Christmas money, advise them to save a percentage, maybe 25% or even half. 9 year Mortgage knows that if kids learn to save a portion of their income from a young age, it will be a lot easier to have those good habits as an adult.

Will The 9 Year Mortgage Plan Work For Me?

To learn more about 9 Year Mortgage, and to find out if you qualify for the 9 Year Mortgage program. Find out how soon you could be completely debt free, including your mortgage, with the 9 Year Mortgage Financial Plan. Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game! 9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money-saving ideas visit 9 Year Mortgage on YouTube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.

9 Year Mortgage: What to Consider When Finding a Rental Home

Ginelle — Tue, 15 May 2012 17:42:30 +0000

9 Year Mortgage gives 4 tips for new renters

9 Year Mortgage has watched the changes in the housing market lead to many home owners becoming renters and the demand for rental properties increase. Different parts of the country have been affected differently but, nationally in 2011 rentals increased in price by 2.5%.

Often perspective renters feel frenzied due to the shortage of properties available but, it is important to not rush into a rental agreement. If you become aware of rental laws in your state and keep a long-term perspective you’ll be better able to sidestep a bad rental experience. 9 Year Mortgage has compiled the following checklist to make sure a rental situation will be right for your needs:

1. Understand the contract before you sign. Don’t rush into signing a lease; read it over carefully and maybe even take it to a lawyer or friend who better understands legal documents and can explain it to you. Take time to ensure the parameters listed don’t impinge upon your rights and that you are okay with the location’s polices on utilities and other amenities. Listen to your instincts and if something doesn’t seem right discuss it with the home owner before moving forward this will ensure you won’t pay for being in a hurry later.

2. Be sure the agreement fits your lifestyle. Before you decide on a rental be sure that polices regarding visitors, maintenance and animals will work for you if not, discuss the issues with the landlord to see if changes can be made before it’s too late.

3. Get to know the area. It’s often a good idea to meet the neighbors and ask them about your potential rental as well as the community as a whole and visit your perspective home at different times of day to see if the setting changes as the day progresses. Take time to look up the crime rates for the area to make sure you’ll be safe and comfortable in your new location.

4. Take photos before getting settled. Chances are you have a camera of some kind available to you use it to make a record of problems that are already there and write a list of thing that are in disrepair, before you more in, sign and date it and give the home owner his or her own copy incase problems arise later on.

5. And get a renters insurance policy. Having renters insurance that adequately covers your belongings is essential because in most cases your landlord’s will not cover your possessions if they are damaged. Getting coverage for emergencies like fire, flood or theft isn’t expensive but going without it can be; make sure you get renter’s coverage right away.

9 Year Mortgage encourages you to give yourself the time needed to insure you are moving into the right rental for you. As you set out to find a new place remember to explore your options and only commit if you’ve done you homework on the rental if you do you’ll be able to move in with confidence that you’re where you want to be. 9 Year Mortgage wishes you good luck as you house hunting!

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9 Year Mortgage Advice for Newlyweds – The 5 Biggest Financial Mistakes Couples Make

Cassandra — Tue, 15 May 2012 17:32:28 +0000

9 Year Mortgage Advice for Newlyweds- The 5 Biggest Financial Mistakes Couples Make

It’s wedding season, and while finances may not be the most romantic thing to talk about, having this talk is an essential part of avoiding financial mistakes. Since finances can be a source of conflict in marriage, 9 Year Mortgage suggests talking about your financial situations before tying the knot, which will help you avoid making these 5 mistakes.

Not talking about your finances. While this isn’t a fun conversation to have, it’s essential to know what each partner is able to contribute, and how you plan to manage your finances. Whether you plan on putting your money in a joint account, keeping separate accounts, or a little bit of both it’s important to have a plan and set goals. Agreeing on common goals can also make it easier to save.
Combining accounts too early. While this might make it easier to decide who’s picking up the tab on household expenses, it can be disastrous if the relationship doesn’t turn out as expected. 9 Year Mortgage suggests waiting until after marriage before combining accounts.
Getting surprised by the marriage penalty. Newlyweds who earn similar, high salaries often get an unwelcome surprise the year after they get marriage a mega tax bill. This penalty still exists in the upper tax brackets for example, in 2012 husbands and wives who earn $68,650 and up in taxable income are at risk for paying more married than they did when they were single. 9 Year Mortgage believes the best way to prepare for this is to be aware that it’s coming, and deduct more from your salary throughout the year to avoid a large bill come tax time.
Putting one person in charge of the money. It’s normal to delegate responsibilities in marriage, but when one person is managing the money, it can lead to problems. No one wants to feel like they have to ask to buy something from their partner. 9 Year Mortgage advises that couple manage finances jointly. This can help you save money for your goals, and help both partners keep track of how money is being spent.
Sharing debt. This includes credit cards, real estate and vehicles. Adding your partners name to your home or car means they own it too even if you paid the down payment and mortgage. While this isn’t an issue for married couples, this can be harmful for couples who move in together, then decide to break up since they aren’t protected legally. If you are on someone else’s car loan, and they stop making payments, it can be detrimental to your credit. 9 Year Mortgage believes you can easily avoid these financial disasters by talking about finances with your partner before making any big decisions.

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9 Year Mortgage: A Smaller Wedding Price Tag

Ginelle — Thu, 10 May 2012 16:58:12 +0000

9 Year Mortgage recommends you use these ideas when planning and paying for a wedding

Is your son or daughter getting married? 9 Year Mortgage discusses ways to save money on formal events:

In the middle of financial uncertainty, 9 Year Mortgage understands that a large event such as a wedding may seem impossible to pull off; as a parent paying for an event like a wedding for your child can be a heavy burden. A memorable wedding can still take place even when you and your child are on a tight budget. Encourage the bride and groom to down size the stress and money are sure to be significantly reduced as they do so. The money that you could spent on a lavish wedding could then be used towards buying the couple’s first home or paying down existing debts instead of hurting your finances.

9 Year Mortgage encourages you to not go into debt when planning and paying for a wedding in your family instead, use the following ideas to create a budget friendly wedding:

Keep it small

These days a lot of couples getting married are willing to have a smaller wedding in the interest of saving money. Inviting fewer guests makes for a more intimate event shared with loved ones and you’ll be saving thousands of dollars accommodating fewer people.

Go non-tradition

Having the wedding in a simple outdoor location this is often less expensive than using a traditional venue, church or synagogue. Furthermore, many couples opt to have a friend or family member performed their ceremony rather than paying a professional to officiate. Non-traditional clothing for the bridal party is another big way to save. If you are able to move away from some traditional aspects of tradition you will have more money to spend in other areas.

Rent the dream dress

Wedding dresses are tremendously expensive and only worn once so why not rent it instead of using most of your wedding budget on that one item. Often bridal rental shops carry designer dresses and include dry-cleaning and fitting costs in the rental fee.

Don’t use a wedding planner

Do it yourself weddings are very common and the cost of a wedding planner is too high so, reduce wedding expenses by doing the planning yourself.

Simplify the rehearsal dinner

Have a comfortable dinner at your house; pick up a few basic trays of cheese, fruit and some salads instead of preparing a full meal of everyone.

Change the time of the wedding

Another way to cut wedding costs is to change the timing of the event; you could plan the ceremony in the late morning and a brunch or picnic lunch afterwards. Breakfast and lunch food is much more cost-effective than the stake and salmon commonly served at dinner time. Another option is to host a short reception with just dessert. If you plan to serve alcoholic drinks limit it two a few options of bottled drinks, you could even make custom wedding labels for each bottle. Not serving a full dinner and not having a full bar will really improve the overall food and beverage cost and it can still be a charming event.

No fancy bakery needed

A wedding cake could be one of your highest wedding costs if you buy it from an expensive specialty bakery but you can find inexpensive cakes at most grocery stores and you’ll be surprised how beautiful they can be for a fraction of the price. Also cup cakes are a trendy alternative to traditional, high-priced wedding cake. You don’t have to spend a ton on a delicious dessert.

9 Year Mortgage hopes that if you plan son or daughter’s wedding decide your budget as stay within your means. A wonderful event for your child is totally possible so, enjoy the celebration.

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9 Year Mortgage: Eating Well While Saving Money

Ginelle — Thu, 10 May 2012 16:38:40 +0000

9 Year Mortgage’s tips for saving money on food

When creating a budget 9 Year Mortgage encourages you to take a look at your grocery bill and find ways to save on food. Food is one of your most flexible expenses and there is a lot of simple ways to spend less on what you eat. Potentially, you can feed a family of four a nutritious diet on $500 per month but, on average families spend two hundred dollars more than that. Families and singles alike could save thousands of dollars on food costs each year without losing needed nourishment. Eating healthy on a budget is entirely possible and the super market is one of the best places to save when money is tight.

9 Year Mortgage suggests you use the following tactics to stay healthy and stay within your budget:

Dine in

In this fast paced society, 41% of food expenditures are unnecessarily made on eating out. Dining at home is beneficial in countless ways. You are much more likely to consume the assortment of foods your body needs without over spending if you cook at home. Avoid sacrificing your health while on a budget; fast food may be inexpensive but, the simple carbohydrates that are common in fast food can have a negatively impact your health. Cooking in your own home allows you to be in control of both cost and nutrition.

Cut out processed foods

Next, stick to foods that are unprocessed and therefore better for your health. Processed or prepackaged foods include potentially harmful substances and commonly cost more than foods in their raw state. Take the time to make it yourself. Although, it takes longer to prepare food from scratch, the savings will be significant.

Replace meat

We recommend that you don’t include meat at every meal. Meats that are commonly the focus of American meals can easily be substituted for other less expensive proteins like dairy, beans or nuts in addition canned seafood is often inexpensive and can be added to countless dishes.

Focus on Vegetables

To make sure your family eats right, allow for 40% of your food budget to be spent on produce and remember to buy produce in its season when it’s less expensive and better quality. Choosing frozen foods is also a good idea because they are often frozen when fresh and ripe. Canned food is a good way to save as well but be sure you purchase cans with less sodium and or sugar. Get involved with food co-op or attend your local farmers’ market can be cost-effective as well. Eating healthy produce will make your far healthier and (if you buy it in its season) will save you money.

Bulk up on whole grains

Finally, grains should be a big part of your diet when eating on a budget. Grains like oatmeal, barley and rice are filling, nutrient rich (when in their whole form) and inexpensive. Try to buy your grains in bulk, often it is much cheaper to buy these items large quantities and you’ll get substantial meals at only cents per plate.

Even though making these changes to your diet and budget will be challenging, 9 Year Mortgage assures you that you will quickly see positive results for your efforts. The money you will save on food can be used to pay off debts, make an emergency fund or save for your future. In addition to bettering you financial wellbeing these changes will improve your overall health and give you a better quality of life so start shopping and eating right today!

Will The 9 Year Mortgage Plan Work For Me?

To learn more about 9 Year Mortgage, and to find out if you qualify for the 9 Year Mortgage program. Find out how soon you could be completely debt free, including your mortgage, with the 9 Year Mortgage Financial Plan. Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game! 9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money-saving ideas visit 9 Year Mortgage on YouTube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.

9 Year Mortgage Helps you Budget: 9 Ways to save on your Grocery Bill

Cassandra — Fri, 04 May 2012 18:02:07 +0000

9 Year Mortgage Helps you Budget: 9 Ways to save on your Grocery Bill

The grocery bill is one of the largest household expenses. 9 year mortgage has a few tips to help you reduce your spending and help you get the most bang for your buck without spending hours clipping coupons.

1. Meal Planning: 9 Year Mortgage recommends meal planning, and knows that it’s one of the biggest ways to save on groceries. By planning ahead, and shopping less frequently, you will save yourself a lot of time and money. Do what is most convenient for you, whether that’s planning and shopping for 1 or 2 weeks of meals.

2. Get organized. Most people know it’s not a good idea to go grocery shopping while hungry. Likewise, 9 Year Mortgage suggests that you never go grocery shopping without a list. By planning ahead, and assessing what you really need for upcoming meals, you can save yourself from buying things that are already in your pantry, or wasting money on food that isn’t necessary.

3. Carry your card. If you purchase groceries that require a store card to get the discount, make sure you have the card with you and use it! If you forget the card, most times you can put in your phone number or have the clerk will swipe a card for you to get the discount.

4. Try the drugstore. Chain drugstores like CVS or Walgreens generally have cheaper prices on milk. While you don’t have as big of a selection (no organic or soy) you can save yourself some money by purchasing your milk at the drugstore.

5. Shop the bulk section. If you are buying an item that you don’t use often, there is no sense in wasting space or money for a full container that you won’t use. Instead, buy the amount you need from the bulk section, and save yourself some money.

6. Shop warehouse stores. Stores like Costco or Sam’s Club can save you money on the food you eat most. If you go through bread, milk, or eggs quickly, you can save by buying those items at a warehouse store. However, 9 Year Mortgage advises that you do not buy foods that you won’t get through before they expire. This can include large amounts of produce or yogurt that expires before you can eat them, which can be a huge waste of food and money.

7. Don’t buy bottled water. 9 Year Mortgage suggests that you buy a water filter rather than buying bottles. Buying a filter can save you a lot of money if you go through several water bottles a day. There are multiple types of inexpensive water filters including faucet attachments or pitcher filters. You can buy 1 or 2 reusable water bottles to refill over and over again, and can also feel good about not wasting plastic.

8. Head to the freezer section. Buying frozen meat, fruits and vegetables can save you up to 40% compared to their fresh counterparts. As a bonus, frozen products can last much longer than buying fresh.

9. Buy what’s in season. 9 Year Mortgage knows that the fruit that’s in season is not only tastes better but is less expensive as well. Get a list of produce by season, and plan your fruits and vegetable purchases around that.

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9 Year Mortgage Shares Four Simple Ways You Can Begin Saving

Ginelle — Wed, 02 May 2012 20:53:02 +0000

Four Simple Ways You Can Begin Saving with 9 Year Mortgage

At 9 Year Mortgage we understand, saving money doesn’t come as easy as spending. It is difficult to put money away for a rainy day when finances are tight to begin with. Saving may not give you the instant gratification that purchasing new items will but, in the long run you’ll feel a lot of satisfaction watching your savings grow.

Saving money now will lead to financial stability later in life and can help provide financial independence though retirement. Developing the habit of saving won’t come easy; most of us have to consciously fight our impulse to buy things. The following is a list of tips that 9 Year Mortgage recommends as you begin to financially preparer for the future.

Hold On To Loose Change

Even pennies add up over time. Get a piggy bank, jar or cup from your kitchen and collect those pennies, nickels, dimes and quarters; get in the habit of emptying your pockets into the jar at the end of the day and once the jar is full take it to the bank and deposit it into your savings account. It may not be an enormous amount but, every penny counts.

Round Up

Each time you spend money get in the habit of rounding up to the nearest dollar amount. If you spend $15.20 at lunch take the remaining 80 cents and save it. Use technology like online banking or your smartphone banking app to transfer the remaining change over to savings and you’ll be surprised how that extra little bit adds up in your account.

Make Saving a Scavenger Hunt

Make a game out of finding and saving a bill with a specific marking, year or number on it. You might know a person who never spends ten-dollar bills; once they are given one it goes right to savings. Choose a bill that works for you and start a search. Having a game like this can make you more conscious of your money and it is a creative and enjoyable approach to saving.

Set an Automatic Transfer

Ask your bank if you can set a programmed transfer from your checking account to your savings account at a specified time each month. This is one of the simplest ways to save; you’ll increase your savings without even thinking. Your bank will do the thinking for you and you will be surprised how fast that money grows in your savings account.

Also, Remember Technology is Your Friend

Use your online banking to only put what you need in your checking account. It’s more difficult to impulse spend if the money isn’t readily available in your account.

There are countless ways to save money on a daily basis. 9 Year Mortgage encourages you to get creative as you work to improve your savings situation.

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Advice from 9 Year Mortgage: The 6 Biggest Credit Card Mistakes you Should Avoid

Cassandra — Thu, 26 Apr 2012 22:30:25 +0000

9 Year Mortgage Shares The 6 Biggest Credit Card Mistakes you Should Avoid

There’s a good chance that most of us have made at least one of these credit card no-no’s but, Nine Year Mortgage advises that you avoid making any of these mistakes in order to protect your credit score.

1. Paying your bill late. It’s not an uncommon occurrence. The bill comes in the mail, and gets lost under a stack of papers. When you actually come across it again, it’s past due. Getting in the habit of paying bills late can wreak havoc on your credit score. Nine Year Mortgage suggests having payments automatically come out of your account each month, so you won’t have to worry about staying on top of it. Timeliness of your credit card payment is 35 percent of your credit score, so it’s important to make sure it’s paid on time each month.

2. Paying only the minimum. While it’s tempting to keep more money in your pocket by paying only the minimum payment, you aren’t doing yourself any favors in the long run. By paying only the minimum payment, you could end up paying for 20 years on a few thousand dollar balance. Nine Year Mortgage warns that you could end up paying double for a meal or shoes that you purchase if your interest rate is over 15-16 percent, and you are only paying the minimum.

3. Co-signing on a credit card. Nine Year Mortgage understands that you may think you are doing your child a favor by co-signing on their first credit card, but if they spend irresponsibly or make late payments, those mistakes could affect your credit. Before co-signing, be sure you have a conversation with your son or daughter and let them know how credit cards work. You may also want to consider getting a secured credit card or a pre-paid debit card instead.

It isn’t always parents co-signing for children. In some cases adult children are co-signing for their own parents. Co-signing for anyone can be dangerous. The reputation of that person can reflect poorly on you, and if they don’t pay their bills, creditors will be coming to you for money next.

4. Regular balance transfers. Nine Year Mortgage knows that a balance transfer to a lower rate can save you money on interest. However, if you are transferring your balance because you can’t afford it, that isn’t a good sign. You aren’t getting yourself anywhere, and there is a good chance you are in financial trouble if you are using one card to pay another. Don’t let yourself get caught in this endless circle.

5. Too many cards. Nine Year Mortgage understands that it’s tempting to apply for store cards when discounts are available, or for credit cards with a great rewards program. However, applying for too many cards around the same time can harm your credit.

6. Cancelling cards. After reading this article you may have decided you want nothing to do with credit cards. However, Nine Year Mortgage cautions that this could hurt your credit. Even if the cards are paid off, it’s important to keep them open (unless the temptation to spend is too strong). Part of your credit score is how long you’ve had credit, and if you cancel a card you’ve had for several years, that could really hurt you.

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9 Year Mortgage Recommends 6 Tricks for Finding Cheaper Airfare

Cassandra — Thu, 19 Apr 2012 21:03:44 +0000

6 tricks from 9 Year Mortgage on finding cheaper

Summer is around the corner, and travel plans are being made. In these hard economic times it can be difficult to plan a vacation that won’t break the bank. It’s tempting to purchase inexpensive vacation packages, such as the ones offered by Groupon or discount travel sites, but these aren’t actually budget-friendly unless you can find inexpensive airfare to get to your destination. 9 Year Mortgage provides a few tips to help you get the best deal on airfare for your summer vacation this year.

Book tickets in advance. According to a study by the Airlines Reporting Corporation, passengers pay the lowest price if they buy six weeks before their flight. After reviewing data from the last four years, the agency discovered that most people got the best deal when booking a month and a half in advance. While this is not a guaranteed strategy for finding the absolute cheapest flight, on average this approach works for saving you money. 9 Year Mortgage suggests not waiting until the last-minute hoping for a cheaper flight. During the summer, booking last-minute flights is generally not the best way save, especially if you are buying tickets for a large family.

Check for morning deals. Airlines post a limited number of seats at a reduced fare at night, so check for flights in the morning. Those tickets may sell out later in the day so the early morning is the time you’ll see most of these deals available. 9 Year Mortgage also suggests signing up for alerts through an airfare website, which will send you emails letting you know when fare prices drop.

Fly on Wednesday. Since fewer people fly on Wednesdays, there are more seats available, which means more tickets at cheaper prices are sold. Other low-cost days to fly are Tuesday and Saturday. 9 Year Mortgage cautions against flying on Friday and Sunday, which are the most expensive days to travel.

Take the early flight. The cheapest flight is typically the first flight of the morning. Taking the early flight generally means getting up at the crack of dawn. 9 year Mortgage knows this isn’t ideal, but the money you’ll save is worth it. The next-cheapest flight times are during the early afternoon or at the dinner hour. The absolute cheapest time to fly is on those limited routes with red-eyes.

Check low-cost airlines individually. While Comparison sites like seem like an easy way to access pricing for all airlines, they don’t necessarily have all of the information. Some low-cost airlines, like Southwest don’t allow their tickets to be quoted on popular comparison websites, so be sure to check them separately. 9 Year Mortgage suggests that you be sure to do your homework to make sure the so-called “low-cost” airline doesn’t tack on extra fees that drive up the cost, like a hefty baggage-check charge.

Build a relationship. If you’re an elite member of the airline’s frequent-flyer program or if you have a credit card that’s tied to the airline, you automatically have an advantage on other travelers. Credit cards tied to the airlines now offer perks that were once standard, such as free checked bags, priority boarding, and seat selection. While 9 Year Mortgage doesn’t advise getting unnecessary credit cards, they may be worth signing up for if you fly frequently on one airline.

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9 Year Mortgage Suggests 7 Ways to Reduce Summer Energy Spending

Cassandra — Mon, 16 Apr 2012 16:44:44 +0000

7 Ways to Reduce Summer Energy Spending with 9 Year Mortgage

With some parts of the country already feeling the heat of the season, it’s time to start preparing for summer. 9 Year Mortgage advises you to protect your wallet this summer by cutting energy costs.

1. Plug up any holes. Any air that is escaping through gaps in doors or windows is money being wasted. Inexpensive plastic film available at hardware stores can boost insulation around older windows where drafts are most likely. Foam and caulking can also help seal problem areas, as can extra insulation in the attic. Professionals can help with any installation challenges. If you use window-unit air conditioners, make sure they fit tightly so air can’t escape around the unit.

The Energy Department estimates that creating a proper “thermal boundary” around your home can trim up to 20 percent off heating and cooling costs. Shutting the doors and vents of unused rooms can also lighten the load of your air conditioning unit.

2. Close those curtains. Anything that keeps the sun from coming in will make it easier for your home to maintain cooler temperatures. For the longer term, consider planting leafy trees or bushes in areas that give your home more coverage.

3. Keep the filters clean. Experts say it’s important to clean out air conditioning filters once a month. Cleaning the filters simply involves running water through them and letting them air-dry.

4.Program the thermostat. There is no sense in cooling your home all day while you are at work. Programmable thermostats allow the temperature to automatically rise during the day when no one is home, and they can lead to annual savings of 30 percent. Even though most systems today have programmable thermostats, people only use them half the time. This means your system is working harder than necessary, and you are spending extra money. (If setting the thermostat seems confusing, the step-by-step videos on the government’s Energy Star website, www.energystar.gov, can help.)

5. Unplug! Even TVs, DVD players, and computers that are turned off can suck power out of outlets. 9 Year Mortgage suggests combatting this problem by unplugging your electronics or using a Smart Strip, which cuts power when it’s not needed. One exception is overhead fans. Especially at night fans can cool air more cheaply than turning down the thermostat.

6. Step away from the oven. Turning on the oven can heat up the whole house which forces your air conditioner to go into overdrive. Rather than using the oven, consider grilling outside, using slow cookers, or the stove.

7. Cooler showers. 9 Year Mortgage suggests turning down the water heater in the warmer months. Cooler showers in the summertime will let you turn down the temperature setting for a few months, which cuts energy costs. Reducing the temperature on a 50-gallon tank from 130 degrees to 115 degrees can save more than $50 a year.

9 Year Mortgage knows that taking these steps will not only reduce your monthly energy bills, but also create some room in your budget for more summer fun.

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9 Year Mortgage Cautions Against the 7 Habits that Keep you from Getting out of Debt

Cassandra — Mon, 16 Apr 2012 16:39:14 +0000

Getting Out Of Debt with 9 Year Mortgage – 7 Habits To Watch Out For

If you often find yourself indulging in ‘retail therapy’ or racking up credit card rewards, you could be fueling a dangerous habit. Credit card debt continues to be a huge problem for the average American, yet many are still living a lifestyle that supports a costly debt habit. 9 Year Mortgage suggests looking at your spending habits, and avoiding these seven bad habits that could be fueling your debt addiction.

1. Borrowing

Do you often find yourself to be indebted to others in some way — and fail to repay your debts regularly? The borrower mentality can leave you in a never-ending debt cycle. Find ways to make ends meet and stop relying on others to get by.

2. Shopping Impulsively

Impulsive shopping habits could be fueling a debt addiction. Few people use a budget for impulsive purchases, and if you don’t have cash on hand, you’re likely to use a credit card to get what you want. Restrict those urges to shop deal sites and other sales. If you don’t have extra money available, avoid going to into the stores or websites where you impulsively shop.

3. Spending to boost your mood

If you indulge in retail therapy regularly and rely on credit cards to get your shopping fix, it’s almost impossible to cover the costs without going into debt. Trying to get out of debt will be that much more difficult if you’ve racked up huge balances to get your fix. In order to put a stop to this habit, 9 Year Mortgage suggests finding a healthy outlet for your stress. It’s important to avoid shopping when emotions are running high.

4. Depending on cash-back credit cards

The thought of earning money by using credit cards can be very seductive. If you tend to pay with credit just because you know you are “earning” a portion of it back in the form of cash or rewards points, there is a good chance you are spending more than you normally would without this incentive. The problem with cash-back credit cards is that they typically pay you back a very small percentage of your charges — think $1 for every $100 you charge. Unless you are extremely disciplined about paying off your entire balance by the end of the month, the money you earn back will probably not even cover the interest charges you’ve accrued during your spending spree.

5. Routinely transferring balances

9 Year Mortgage knows it is smart to transfer high-interest balances to a low-interest credit card when you can, but it is also easy to get caught in a game of “round robin” with your credit cards. If you find yourself paying off one credit card with another card, you are setting yourself up for an endless debt loop. Pay down your balances, and stop using the cards to get out of this dangerous cycle.

6. Living on interest-free financing plans

Zero-percent interest for the next 18 months and interest-free financing plans are great marketing tactics. Big-ticket items that can be financed with a no-interest offer seem to be a great idea on the day of the purchase. Unfortunately, you’ll probably end up spending a lot more than you would have if you had paid with cash. The lure of “buy now, pay later” can be hard to resist, but it will more than likely leave you in a lot of debt. Save your money for larger purchases so you don’t end up carrying extra debt — interest-free or not — over the next few years.

7. Keeping up with the Joneses

If you are constantly comparing yourself to others or find yourself trying to outdo the neighbors with new toys, you could be fueling a debt addiction. Trying to one-up friends and family by purchasing luxuries on credit can turn into a competitive sport, and a very expensive one at that. Avoid serious financial problems by living within your means and buying only things you can honestly afford. Trying to keep up with the Joneses can be the fast track to debt and even bankruptcy. 9 Year Mortgage suggests getting rid of friends who would judge you for not having the newest car, boat, or piece of technology.

Will The 9 Year Mortgage Plan Work For Me?

The 9 Year Mortgage Approach to Spring Cleaning: 4 Steps to a Fresh Start with your Finances

Cassandra — Mon, 09 Apr 2012 20:43:59 +0000

If you plan on doing some spring cleaning this month, don’t neglect your finances! 9 Year Mortgage suggests 4 steps to help you get organized.

1. De-clutter: After a long winter, there’s a good chance you have some papers piled up, so take this chance to get organized. Collect all of your bills, receipts, stubs, and tax information so it is all in one place. Be sure you get everything from your desk drawers, countertops, and the bottom of your purse.

One easy method for dividing the mess is to throw away anything that is also online. For example, any bank statements or bills that you can access online, you can shred. If it is tax related, or an important document, you should file it.

2. Eliminate: Just like you would get rid of clothing that isn’t worn when spring cleaning your closet, you should dump whatever you aren’t using from your budget. If you aren’t using your gym membership, or are planning on running outside in the warm weather, put a freeze on your gym account for the next few months. If you aren’t using all of your phone minutes, consider downsizing to a cheaper plan. Look into your monthly spending, and see if there is any area of your budget you can reduce or eliminate altogether. You could potentially save yourself $50 per month, and possibly even more if you look closely at your expenses.

3. Polish: Shine up your credit. You are allowed three copies of your credit report each year, one from each major credit bureau. You could spread these out every four months. The fourth month of the year is April, making this a perfect time to take a look. The report will tell you where you stand, and tell you what you need to do to shine up your credit score. 9 Year Mortgage recommends paying down high interest rate debt first, to save you money and increase your credit score.

4. Reap the benefits: Put any extra cash into savings, and make sure to do this throughout the year as well. This is a great time of year to begin this habit for two reasons: First, You have until April 17 to make a contribution to an IRA for last year. Second, you might have a tax return coming your way. Be sure to put the tax return into savings before you have time to blow it on something you will hardly use! 9 Year Mortgage knows that saving is always better in the long run.

Will The 9 Year Mortgage Plan Work For Me?

9 Year Mortgage Suggestions On Increasing Your Retirement Income

Cassandra — Mon, 09 Apr 2012 20:37:36 +0000

9 Year Mortgage Suggests Four Ways to Increase Your Retirement Income

Whether you want to work or have to work, there are many options available to help you earn extra income in retirement. Most retirees have years of work experience that can benefit employers, and many have the skills needed to start their own business as well. Whatever your situation is, 9 Year Mortgage has a few suggestions. Here are a few options to explore when looking for additional income in retirement.

1. Be a Consultant

Over the course of your career you’ve probably worked in several job positions. Use the knowledge you’ve gained from your career to your advantage. You might consider contacting the company you retired from. Suggest to them that you want to return as a consultant on a part-time basis. Since you are already familiar with the company and all that it offers, you would be a perfect consultant.

You might also consider working for a start-up company. Young entrepreneurs just starting their businesses are in need of experience. While they might not be able to hire you full-time, they can use you on a part-time or as-needed basis.

The opportunities to use your specific work experience vary. 9 Year Mortgage suggests that you consider the places you could market your skill set to, and where your skills can be best put to use.

2. Temp Agencies

Temporary employment accounts for millions of jobs each year. When the economy recovers, corporations usually hire temporary workers first. This gives them time to wait to create permanent jobs when confidence in the economy continues to grow. Temporary agencies receive requests for a wide variety of occupations.

This provides a great opportunity for retirees. Many agencies specialize according to employment field, so you may have to do research to find a fit for what you are looking for. This is a great opportunity to re-enter the job market. Temp jobs generally have a great deal of flexibility, so you can test out different jobs to find the best fit for your situation.

3. Make your hobby your job

Remember when you were working, and you’d daydream about going fishing, taking a ski trip, or going camping? Consider making your hobby your retirement job.

If you love playing golf, you might consider teaching kids to play golf at a community golf club. If you have an RV, consider being a campground host for a summer. If you love to sew, consider teaching lessons, or charging to make alterations.

9 Year Mortgage understands that you want to enjoy your retirement. Think about what you love to do, and consider ways to make a part-time job out of it.

4. Think like a college student

If you are looking for extra income, or even just want to get out of the house, think like a 20-year-old. Most young adults today work multiple part-time jobs while also going to school. These jobs are usually just a few hours per week, and give many opportunities for trying different occupations. You’ll probably also have the option to work as many or few hours as you want.

Whether you need to work to supplement your retirement income or just want to spend a few hours out of the house each week, there are multiple opportunities available to you. Just remember you have a lifetime of skills to offer! Retirement is the perfect time to have fun and enjoy a new career.

Will The 9 Year Mortgage Plan Work For Me?

9 Year Mortgage Budgets on Any Income: The 50-30-20 Method

Teah — Thu, 29 Mar 2012 18:23:25 +0000

9 Year Mortgage Budgets on Any Income: The 50-30-20 Method

While there is no one-size-fits-all approach to budgeting, this method can work for any income level. You may think your income is the problem; however 9 Year Mortgage suggests it is possible to budget no matter how small you think your income may be. First, start with your after-tax income.

50% of your after-tax income should be spent on the “must haves”.

These include housing, transportation, food, and insurance. This area does not include things that can be put off for a later date. For example: eating out, shopping, etc.

30% can be devoted to “wants”.

This includes things like vacations, entertainment, clothes and gifts.

20% is spent on savings and debt repayment.

In order to become financially independent it is important to get rid of debt, save for retirement, and have a savings account for emergencies. Any loan payments above the minimum payment can go in this category. When you first look at your income and your current expenses, you may be spending more than 50% of your income on “must-haves”. However, 9 Year Mortgage suggests there are areas that you can easily trim down in order to get closer to the 50% mark. Some of these include food, utilities, and getting rid of long-term contracts.

Food: You can easily trim down your food expenses by planning meals and cooking at home. Try to limit your take-out and dining out habits, and you will be shocked at what you can save.

Utilities: Be mindful of turning the lights off when not in use. In addition, the AC does not need to be on full blast all day.

Long term contracts: It might not be cost-effective to pay the cancellation fees at the moment, but when those contracts are up for renewal it is time to shop around. You might be able to switch cellular providers, go to the YMCA rather than the gym, or find a cheaper cable company. While each of these changes might not sound like much on their own, when added up you will be surprised at what you can save! Why limit your “must-haves” to 50%?

You have some flexibility should your financial situation change. For instance, your income could drop by half and you would still be able to pay all of your important bills
You can figure out what you can or cannot afford. For instance if you are considering taking out an additional loan, you can look at your budget and quickly see if that additional payment will keep you within your 50%
You will have money to do things you enjoy without having to worry about if you can afford it
The 50-30-20 Plan allows you to save for your future

Will The 9 Year Mortgage Plan Work For Me?

9 Year Mortgage Advice on Credit Card Repair

Teah — Mon, 27 Feb 2012 20:12:52 +0000

9 Year Mortgage Advice on Credit Card Repair

In cultivating your credit score flawlessly I’m sure you’re the type of person who pays on time, and never leaves an outstanding balance, am I right? In your mind you’re golden! …Or are you. This may come as a surprise but these are not the key components to a superb credit score. Many consumers like you are unaware of what makes their credit scores move up and down.

Obviously you understand that the money that you spend and pay off per month in relation to your available credit effects your score but what you may not have realized is that they calculate your score from your total on your statement date and not the due date. You could have a balance that you don’t even know about which in turn hurts your credit, all the while you are unaware.

Here’s a little advice from 9 Year Mortgage on how to revamp your credit scores to what you want them to be while avoiding making those small decisions that can hurt big time.

Be ahead of the game!

Paying your bills before they are due can be a helpful hint to follow, by doing so you can raise your credit score by lowering your utilization rate. Paying early can also give you the upper hand by allowing you to become aware of any outstanding balances before your statement date. If you have been perfect on your payments but your score still isn’t rising it may be your utilization ratio that’s bringing you down. Paying ahead of time can make a huge difference. This may not work in every situation but it’s worth a try! Work with your lenders and find out when your report date is and see how you can get ahead of the game.

Two (or a few) is better than one

9 Year Mortgage suggests discussing multiple monthly payments with your lenders. Paying once a month may seem more convenient but making multiple payments can reduce the amount of credit that you are using throughout your days, weeks and months. A good motto when viewing your credit reports are definitely the lower the balance the better. When deciding to do this you will want to make sure that your credit card company is equipped to receive your payments throughout the month and that you are not exceeding a limit.

Rewards time.

You have been a loyal customer for years, paying on time (even early) and nipping your balance in the bud. BUT, this month you ran into a little unexpected financial emergency that left a small mark on your credit. Don’t panic, there is a way to regain your perfect track record. Get in contact with your lender and inquire about a “goodwill deletion”. You may be able to get your blemish expunged as a reflection of your otherwise flawless record. Essentially you’re asking the creditor to take it easy on you. This could affect your credit score and bring it back up to where you want it to be. Keep in mind that this does not work if you are consistently late.

Now that you have read these tips 9 Year Mortgage encourages you to put them into effect! Get that credit score up! Enjoy peace of mind knowing that your credit score is right where you want, and need it to be.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money-saving ideas visit 9 Year Mortgage on YouTube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.

A Helping Hand From 9 Year Mortgage With Your Retirement Plan

Teah — Wed, 08 Feb 2012 05:41:37 +0000

A Helping Hand From 9 Year Mortgage With Your Retirement Plan

So you’re finally at that age where you can retire, but the question is, can you? Most rush to leave the workforce, in years past up to half of retirees left their jobs by the age of 63. Because really, who wants to wait? You’ve been planning and saving and scraping for your retirement fund and now it’s finally time for you to relax and for all of that hard work to pay off. That is, if you did save and scrape and plan. A rising number of individuals in America now state that they do not feel confident that they will be able to retire by the age of 60; in fact only 13% of American employees feel confident that they will be able to live comfortably on their retirement fund. The financial doubt even reaches out to those who are already retired; over 70% have expressed worry that they do not have sufficient funds to support themselves for the rest of their retirement.

These days it isn’t simple to retire by any means but there are ways for you to get back on track with your plan. 9 Year Mortgage is here to help you take the first few steps towards the financial stability you deserve. Let’s take a look at some helpful advice and ideas to help you get to where you need to be.

1. Construct your timeframe

To assess where you are monetarily for your retirement aspiration you need to construct a timeframe for your goal. This is absolutely essential for you to recognize the base of how much that you need to save and also the quantity you will receive through social security etc. Without a time frame you have no structure and will not achieve your expected outcome of a retirement void of worry and financial struggle. Planning a time and moving your finances accordingly can also help you avoid making the huge mistake of retiring early without the funds to match up with your time limit.

2. Budget

Part of figuring out expenses will be to plan out where you are going to live. Take a quick look at housing costs in the home that you currently reside. Would downsizing be cheaper? Or would staying put be the wiser option? Assess what your month to month living costs will be and write out the pros and cons of living where you are, downsizing, or living in a retirement home. There is also the option of a reverse mortgage, but consider this option with care, your age will greatly affect whether or not this will be a wise move or a bad decision. Unless it is your only option, waiting until you are through with your 60’s before you look into a reverse mortgage would be the smart choice. The older you are the more that you get, so waiting until you’re mid- to late 70’s is a good idea. Also applying for long-term-care insurance as soon as possible could save you a ton of money in the long haul. You have a much higher chance of developing an illness or condition over time so if you put off applying for too long you may not be able to qualify because of your illness or condition. Do some digging before you choose a company and make sure that your needs will be met and that you get the most affordable deal for your situation and then make it happen. Procrastinating in this area of your planning could cost you big time later down the road.

3. Resolve debt

Going into retirement with debt can create unnecessary worry and strain. Although it is not always possible to completely pay off debt you can still get the numbers down and on more of a manageable level. If you’re having a hard time making ends meet while saving for retirement, contact a credit counselor or bankruptcy attorney to see what options you may have. Try to take care of as much debt as possible before you retire so that expenses and bills don’t follow you for years to come.

4. Wrapping It up with 9 Year mortgage

Stock market follies and declines in home equity are also somewhat responsible for the change in retirement security. Now days you can’t completely rely on defined benefit plans for your retirement needs, which means that you should be taking a serious look at the money you’re saving. Failure to plan and save will lead to failure of funds for your retirement. Create a plan, try it out before you retire and see if it works for you.

You can be successful in retiring in your 60’s with a solid structure and sound financial planning. It starts with taking a step in the right direction and 9 Year Mortgage is here to help you do that.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

How to Budget For Baby with 9 Year Mortgage

Teah — Wed, 08 Feb 2012 05:34:07 +0000

How to Budget For Baby with 9 Year Mortgage

The joy of expecting a new edition to your family is astounding! What will he or she sound like? Will I see my eyes when I look at my baby, or will I see my husband’s chin? The moments after you find out this spectacular news your mind reels at what lies ahead with your little infant. You imagine a nursery full of books, colorful toys and soft blankets along with a rocking chair in a cozy corner just for you to hold and admire your new little angel. Having a baby is a remarkable experience and should be well thought out… this includes budgeting for your expanding family! You have an estimated nine months to plan and prepare, maybe less! 9 Year Mortgage is here to assist you in getting on the right path to your new baby budget.

Forget baby steps; create your new budget in strides!

Beginning a family can be financially intimidating and seem difficult but if you move your budget around a bit and trim the fat on your monthly spending you will find that it is not only possible, but doesn’t have to be a burden or detract from your excitement in anticipation for your baby in the least. The first thing that you may want to take a look at when preparing to start your new version of your family is where your budget is at currently. Take a look at where your money goes monthly and annually and evaluate if you’re spending more money on the things you want or if you’re putting your needs first and being wise with the extra earnings.

Evaluate

Having a child is a selfless act and requires time, effort, and money. All of which you will have to sacrifice for your baby’s health and happiness. Once you have overviewed your current budget and cut out the unnecessary expenses, set that money aside in a place where you won’t be tempted to spend it. It can be an adjustment turning from frivolous to frugal but the monetary benefits will be substantial. Over spending is not limited to you or your spouse, were talking about how much you spend on your little one as well. Oh yes, the future mothers are especially guilty of this, showering their soon to be new-born child with extensive amounts of baby blankets, clothes, toys, stuffed animals, and anything else that could add to your beautifully organized nursery . Assess what your baby will absolutely need and bring that into your new budget. Once you’re stable with these changes move forward and find good deals on other baby items. Keep in mind that your baby will be content whether you purchase 5 bright board books or 15. Keep a budget and list in hand when shopping for baby merchandise; it is easy to get carried away.

Compare Costs & Assess finances

Also keep a careful eye on prices, often parents fall into the mentality that your child needs the expensive name brand items, when in reality you can get those same things somewhere else for less. Although throwing money at items that are priced more for looks than functionality is irrational putting room in the budget for high-priced items such as car seats and cribs is a must. When it comes to safety the extra dollar is worth it. Now that we’ve discussed purchasing the odds and ends for your baby it’s time to think about the longer term big items. One of the first things that you need to think about and discuss with your spouse is Day Care. Although this seems to be an obvious choice if both of you are in stable secure jobs the combined yearly cost can come pretty close to half of your annual salary, if this is the case you may want to discuss one of you staying home with your child and the pros and cons with your situation.

Safety First

Attending the doctor’s office for health and awareness checkups is just as essential for your children in their developing years as food and water. These checkups can cost hundreds of dollars a year but can prevent serious illness and in some cases death and can result in much larger bills if not attended regularly. Now consider the cost of diapers. By the time the average child is potty trained you will have changed and purchased close to $1,200 to $2,000 worth of diapers. Also factoring baby food or formula into the equation is in the hundreds per month. All of this will add to your new budget but can be balanced out by cutting out the unnecessary spending that usually occurs each month. The challenge with having your first child and building a stable functioning budget is that you should also be saving your money and building an emergency fund as well. You should have at least 6 to 8 months’ worth of your salary saved for emergencies and unexpected expenses. Collectively for the minimum costs of the needs of a child will run around $2,000 dollars a month. Spending wisely and thoughtfully is vital for your budget to be successful.

Wise Words from 9 Year Mortgage

There are multiple ways to save on your child’s needs such as: making your own baby food, buying diapers and other baby items in bulk and even borrowing clothes or other accessories from your loved ones who have already had children. Oftentimes when people hear that you’re expecting they want to help buy or donate baby clothes. The prospect of making your child’s baby food instead of buying it may sound time-consuming but it’s easy and much healthier for your baby than processed store-bought foods. These are just a few simple ways for you to save when expecting your new son or daughter. Through small and simple changes you can be comfortable with your new budget and be ready to welcome your baby!

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

Overcoming The Money Mountain With 9 Year Mortgage

Teah — Wed, 25 Jan 2012 18:56:38 +0000

Overcoming The Money Mountain With 9 Year Mortgage

9 Year Mortgage recognizes that financial issues are the most common reason for divorce in the United States and would like to step in and make a few suggestions. Yes, adultery, abuse, and addiction, are also reasons for divorce but why is it that the highest standing explanation and root of separation is money? Communication and understanding should always be implemented into the conversation with a loved one while discussing finances. For example do not overlook the fact that you both grew up in very different homes therefore you have learned different budgeting and saving strategies from your parents. Here are a few pieces of advice from 9 Year Mortgage that can help you and your spouse keep your finances from getting the better of your relationship.

1. Communicate Calmly

Really make an effort to listen and ask questions with your partner when discussing your individual take on budgeting. Work out a financial plan that you both feel good about, you may each have to compromise here and there but once you get a solid game plan your mind can be at ease knowing that you’re both happy. Remember to discuss your financial expectations and past experiences to help your mate get a good feel for your outlook on the important topics so that in the future there are no surprises.

2. Perspective

Money touches every aspect of your life in many different forms which can be a very good or very bad thing. If you and your spouse are not on the same page, then this can be an extremely negative effect on not just your budget but your marriage as well. Having similar feelings on the topic of money can drastically resolve and prevent arguments and ultimately can make or break your marriage depending on the severity of the issue on which you cannot agree.

3. Atmosphere

When facing the dilemma of how to approach your spouse with a financial issue or discussion, atmosphere is important. Approaching your partner at ten o’clock at night when each of you is exhausted and irritable is not a good strategy for a successful outcome. Set aside a time and place to meet and talk to each other like a coffee shop or favorite park. This setting is relaxed and comfortable and will cause you both to start off on a pleasant note with one another.

4. Separate

9 Year Mortgage suggests putting a divider up between financial conversation and everyday life. There is a time and place for each. Take the conversation one topic at a time to avoid becoming overbearing or overwhelming to one another. If a specific topic puts you on edge voice it to your partner so that measures can be taken to avoid frustration. Also remember that you should always separate your financial discussions from every day chit-chat. When you’re done talking and continue your normal routine make an effort to keep finances separate from everyday activities. The definition of those areas in your life can greatly reduce financial arguments and anger from effecting areas that shouldn’t have been strained by financial worry.

Communication is key to avoid allowing money to become a rift in your marriage. Yes, finances are one of the main reasons divorce takes place but it doesn’t have to be that way. If handled the right way money does not have to be a constant contentious subject between you and your partner, but it can be something that both of you can agree on and work through together to strengthen your relationship and trust with one another.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage Shares 5 HORRIBLE HABITS To Conquer

Teah — Mon, 23 Jan 2012 19:20:28 +0000

9 Year Mortgage Shares 5 HORRIBLE HABITS To Conquer

Hearing the words “debt addiction” may sound like a joke given that addictions are commonly associated with food, drinking, and drugs but it is an issue that is rising in America and across the world that should be addressed. 9 Year Mortgage is here to help with 5 horrible habits that you can overcome before it develops into a bigger issue.

1. Dependable

Are you that neighbor that borrows a lawn mower or casserole dish and never returns it? Do you frequently ask others to borrow money and don’t pay it back within a reasonable amount of time? The borrowing mentality can be a really strong first step to debt addiction. Figure out how to do things without constantly relying on others. Borrowing every now and again is understandable but ensures that you return the item in a timely manner and that you’re not constantly procrastinating. Although this does not seem like a big deal (the way that you handle small debt, like a casserole dish or power tool) think of it this way, if you can’t handle taking care of small debt than it is most likely larger debt will get the best of you.

2. Binge buying

It’s tempting to use your credit card at the end of the month when your allotted amount of spending money is gone, but this is an awful habit. If you can live without it… then live without it until you have the money. Using your card in these shopping impulse moments will lead to more accumulated debt and over time can make or break your financial status. Even if what you want is on sale put it off for a little bit and come back when you have the money in your pocket. You and your future credit scores will be grateful that you did.

3. Stay in control

Don’t shop for groceries when you’re hungry. Have you heard that one before? You ALWAYS end up buying more than you anticipated and everything looks so much more appealing when you have that craving. Well the same thing goes for any category of spending money. Don’t go out on a spending spree when you’re emotionally unstable or in need of comfort. You will inevitably spend more money on wasteful unneeded things in your time of emotional distress, and then regret it later. Wait until you are stable and have your budget in one hand and your shopping list in the other.

4. Cash Back?

Some people budget best when they have the money in hand and can monitor how much they are spending while others find it more practical and efficient to use their debit card on a shopping run. Find out which is best for you and stick with it. Another way to manage your money is to avoid depending on a “cash back” card. Supposedly you spend money and then earn points and even get some of the money back but in reality you are only earning a very miniscule percent of the money that they claim you are receiving and all the money that you were “given” will barely even cover your interest for that one shopping spree. Break this habit of instant gratification. Replace it will a mindset of your monthly budget and expenses and spend wisely along with saving wisely.

Wrapping it up with 9 Year Mortgage

Avoid the debt cycle. Don’t pay one credit card off with another one. In the end you will become more and more overwhelmed and finally cornered with all the debt that you have simply been moving around and not taking care of. Pay off your balances and stop this cycle, it is a big step towards falling into debt addiction.

If you can see yourself in any of these habits make the changes that you need in order to keep yourself financially in check for now and in the future. You may be surprised how little changes can make a big difference.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

Ways to wisely spend and earn from 9 year mortgage

Teah — Fri, 20 Jan 2012 18:25:34 +0000

Ways to wisely spend and earn from 9 year mortgage

Take a look for a second at your budget. Is it working?? If your answer is “just barely” then here are some simple ideas for changes in the financial part of your life to give you a little extra spending money in your pocket… and to keep it there.

1. Your Vehicle

When you consider the monthly cost of your vehicle the first thing that comes to your mind is the price of gasoline. You most likely factored that into your budget, but what you didn’t consider is what is going on under the hood of your car and not just what’s being put into the tank. Now you might not think that the little up keeps with your vehicle is important but here’s something for you to think about… Just by neglecting the amount of antifreeze you’re giving your car it could cause your engine block to crack. The cost of the repair differs with each vehicle but if you decided to do it yourself or knew someone who could help you out it could still end up being around 1,800 dollars. Did you factor that into your budget? By simply checking the fluids in your car every now again you can avoid some heavy costs and inconvenience. Check the oil, take a peek at the antifreeze make sure you have enough coolant, this could really save you money in the long run. Ladies don’t be nervous; most of these checkups are easy and only take a couple of minutes. You can do them too!

2. Binge Buying

Quickly review in your mind some of the purchases that you have made over the last two months. I’m not talking about food and toilette paper, I’m talking about clothes, shoes, anything extra that you may not have necessarily needed but bought anyways sometimes even with the thought of “I’ll find somewhere to wear it” Or “I’m sure that I’ll end up needing this…” Stop this awful habit! We all fall into the trap of feeling like it’s a “good deal” and were saving money because it’s on sale but the reality is your saving money if you just don’t buy it. A quick trick that you can try is leaving the store and holding off the purchase for a couple. This can give you time to really consider if you’re going to use it every day or if it is just going to get pushed in the back of the closet waiting for you to find it in two years . There’s nothing wrong with a little splurge every now and again but try to set aside a monthly allowance specifically for that purpose. That way you’re not overspending but you also don’t feel restricted by your budget. This will actually end up saving you money and keeping your shopping impulses satisfied.

3. Thrift…?

Are you a natural-born penny-pincher? You may not have realized it but you could be losing more money by shopping at the dollar stores in your area than shopping elsewhere. If you carefully compare prices with other grocery stores you may find that you have been deceived into the “its only one dollar” mentality. Often times it costs less to buy things in bulk than singularly with the illusion that you stand to save money when really they are charging you more. Compare ounce for ounce on bags of food, compare dollar for dollar on clothes. It may sound like a lot of work but it’s easy and can save you a lot of money. Also be wary when you’re at thrift stores, check online for good deals and you may just realize that there are used clothes prices on brand new items!

9 year mortgage wants to help you spend smart and avoid unneeded costs. Use some of this advice in your day-to-day life and you could end up with extra money in your pocket and less stress when those unexpected things in life come up.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

Smiling While Saving With 9 Year Mortgage

Teah — Fri, 20 Jan 2012 18:09:57 +0000

Smiling While Saving With 9 Year Mortgage

Did you begin your New Year with the optimism of a new budget towards your finances… only to reach December right back where you started? Some quick and easy (but different from in the past) approaches can change your entire outlook on the budgeting dilemma. 9 year mortgage has some advice that will ensure you don’t disappoint yourself this year.

Budgeting is different for everybody. What may seem easy to some could possibly be the downfall for another. Although there are many different budgets for many different situations there are some tips that could be helpful to any financial state. Here are some of those suggestions for you to consider!

1. Relax

Forming a budget for the New Year doesn’t have to be a stressful thing! Tell yourself that you can do it and keep a positive attitude. Keeping to a budget is a good habit to develop, it can keep you from the financial burden of extreme debt and help you prioritize for the things that you truly need. Don’t view it as an obstruction but as an opportunity to financial freedom.

2. Personalize your plan

Your financial state may greatly differ from a close friend or family members so why should you have their same plan? Assess your needs and plan your spending based on them. Find an accessible and achievable way for you to budget. If over time you notice a glitch try a different approach until you have fine-tuned your spending plan to your specific needs.

3. Simplify

Don’t overwhelm yourself with everything at once, ease into your new budget bit by bit focusing on different areas that need attention and then moving on to the next until you have a smooth system established. Attempting to make all the changes at once will most likely result in defeat. It would be extremely difficult to change all of your spending habits acquired from years and years in the space of a week so take it easy! You want this to be a successful, positive change for you!

4. Fall Back

Make sure and save some wiggle room for the unexpected things in life. If you don’t plan for unexpected costs or raises in the expenses you already have then this could break your budget. Ensure that if something comes up or even if you just want to spoil yourself that you have that opportunity and that it works with your financial plan that you have created. 9 Year Mortgage wants you to remember that budgeting is not a restriction but simply a smarter way of spending.

Now when the month of December rolls around you can smile to yourself confident that the budget you created this year will continue for years to come.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage: 5 Tips to Retirement

Erica — Thu, 19 Jan 2012 22:04:45 +0000

9 Year Mortgage: 5 Tips to Retirement

For couples nearing retirement you may want to start thinking of a strategy to help you meet your financial goals, while still having the ability to travel along as you are crossing things off of your long- awaited wish list. 9 Year Mortgage can help you get there.

If you’re having a hard time imagining yourself for the next 30 years with the same job, and in the same financial position that you are in now then it’s time to make some changes. Here are some ways to cut costs and fast forward your retirement options.

1. Housing

If it seems like you’re already pinching pennies take another look at your finances and see if there is anywhere that you can cut costs and hold back on spending. You can also take a look at your homes mortgage and evaluate if it is possible to change it from a 30 year plan, to a shorter time span, with the help of 9 year mortgage it is even possible to pay off your mortgage in as little as nine years! That’s 21 years less than the average mortgage!

2. Prioritize

Separate your wants from your needs. Reconsider whether or not you really need that new car or if your old one will last you a little longer. Talk with your spouse to ensure that you’re both on the same page. This way it will be easier to work together and keep your goal within reach through your combined efforts. Although cutting costs and prioritizing is important make sure that you’re paying yourselves as well. Don’t completely deprive yourselves of enjoyment.

3. Day to Day Living

Once you are at the point where you’ve made it to your goal and you’re retired, you’ll want to budget and ensure that you’re living within your means. Calculate how much you can spend a year and then break it down into a month by month amount. If you decide to travel choose a place with low day to day living costs and go at a time in the year when air fare is less expensive.

4. Be mindful

Along with budgeting, you can still find ways to invest money and be smart about saving. If an opportunity arises to earn money you may consider it from time to time. Another way to save money is downsizing your home. Ask yourselves questions such as do you utilize all the space in your home? Are there large areas that you don’t use or are left empty? Do you really need that extra formal dining room? Downsizing could be a good idea and could possibly save you money each month on unnecessary heating and electric in your home.

5. Retire the right way with 9 Year Mortgage

Retirement can be a bit of an adjustment so it’s okay to ease into it. Some people have a “Practice Retirement” before the fact so that it’s not such a sudden change. Lessening the office hours, taking more frequent vacations, and budgeting a bit more consciously are some ways that you can start changing your mind set. Financially easing into retirement can be a very smart move. That way you’re more prepared to cut back on certain spending habits and you’ll be more adept to your new way of living outside of the work force.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money saving ideas visit 9 Year Mortgage on Youtube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.

9 Year Mortgage Time for Your Financial Check Up

Erica — Thu, 05 Jan 2012 23:31:35 +0000

9 Year Mortgage Time for Your Financial Check Up

Have you noticed that your savings have become close to nothing these days? Remember you are in control of your finances, but here is a way to see if you are in check.

9 Year Mortgage helps bring some perspective to the table. Lets assume there are two families both with emergency savings of about 15,000 dollars. The question is, would this be sufficient funds to take care of the family in an emergency? That all depends on the family, their personal needs, monthly expenses, and how much was saved in other investments.

9 Year Mortgage has a 3 step analysis to see where you are at financially

Make a balance sheet
Make an income statement
Overview your financial data

Step 1

When creating your balance sheet you will want to take into account your assets and liabilities. This would include anything such as jewelry, cars, boats, furniture and so on. The following should be taken into account as you are creating this balance sheet:

Assets
- Cash.
- Retirement accounts.
- Non-retirement accounts.
- Primary residence.
- Real-estate investments.
- 529 plans

Liabilities
- School loans.
- Mortgage debt (primary residence).
- Mortgage debt (real-estate investments).
- Credit card debt.
- Car loan.

Step 2

Now lets get down to your income statement! This would show your income and the expenses you had for a given time period. This statement helps to show where money was spent and how. If a persons income is exceeding their expenses the difference comes from the net income, otherwise they are at a net loss. There should be four expenses and it should look like this:

Income
- Salary.
- Other sources of income.
Expenses
- Taxes.
- Mortgage (primary residence).
- Debt repayment (credit cards, school loans, car loans, etc.).
- Other expenses.

Step 3

Once you have made your balance and income sheets, its time to analyze where you stand financially. Here are the most common ways to analyze these figures.

Having an Emergency fund ratio (liquid assets / monthly expenses). With this ratio you can determine exactly how much each months worth of expenses can be provided for. They can be taken care of through liquid assets, meaning assets can easily be converted to cash .

What If ratio (financial assets / monthly expenses). This is a situation where for instance, everyone in the family has lost their jobs and no one can find work. In a situation like this, liquid assets would not be as beneficial, we would be looking at financial assets instead which would include: retirement and other accounts that would be a good moving point for liquidating the account.

Mortgage to debt ratio (mortgage balance / yearly income). In this ratio, compare your mortgage debt with whatever your annual income is. Generally you wouldnt want mortgage debt to exceed 2.5 to about 3 times your annual income.Hopefully as you are nearing retirement this number should lower.

Total debt ratio (total debt / net worth). This ratio helps to compare your total debt (including mortgage) with your net worth.

Total debt payment ratio (monthly debt payments / monthly gross income). This ratio is used to compare your monthly debt payments (including mortgage) with your monthly income.

Liquidity ratio (liquid assets / non-mortgage debt). This ratio helps determine your ability to pay your non-mortgage debts.

9 Year Mortgage Advice

The goal here is to retire with at least 12 times what you bring in as your annual income. But this can vary on individual circumstances. Some may have higher goals than others or lower depending on what they make each year.

The ratios above can help determine personal financing and goals to set, as well as to see where you are at financially, where you should be and how to get there.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money saving ideas visit 9 Year Mortgage on Youtube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.

9 Year Mortgage on Renting out Spare Rooms

Erica — Tue, 03 Jan 2012 19:09:28 +0000

9 Year Mortgage on Renting out Spare Rooms

More often than not in today`s society, more homeowners are taking in lodgers and renting out rooms to make some extra money then one might expect. However, there are some potential problems with renting a space that a person should consider before doing so. 9 Year Mortgage has some advice on how to avoid these things and make an investment through renting out an extra room.

In the 1800s and even early 1900s it was a very common thing to have boarders in ones home. Many middle class families with extra space would rent out to make extra cash and make payments easier as well as financial responsibilities. This trend is coming back in as many American families now are starting to do the same. There are great benefits to renting out unused space. According to the Census Bureau states that unrelated adults living in anthers home jumped 12% since 2008 and in 2010 there were 7.3 million people doing this.

Why are there so many boarders in the United States these days? That is a valid question; with today’s uncertain economy and high unemployment rates, more people are delaying buying homes of their own, for these same reasons, those that have homes are starting to offer their open space to those who will pay per month to live with them which helps everyone in the long run.

9 Year Mortgage shares some potential renting problems

Potential problems may occur with renting that have turned many people away from the option in the past and present such as having to deal with troubled renters. The solution to this, is to network before choosing who you will allow into your home. 9 Year Mortgage would suggest it may be best to have friends who know that the person is reliable or have referrals and background checks on the person. These things are easy to do and will save a lot of trouble long term.

Wrapping things up with 9 Year Mortgage

Think of the benefits you could have if you rent out your extra space the right way. If you have even only one extra room in you’re home to rent, it could range anywhere from $300 – $500 a month depending on the state you live. If you have a basement apartment it could add to your income anywhere from $900 to $1000 a month. Depending on your mortgage payments this could help pay yours off and save some money in the process. Renting out extra space is a great way to save money if its done right.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money saving ideas visit 9 Year Mortgage on Youtube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.

9 Year Mortgage – Five Ways NOT To Spend Your Money

Erica — Thu, 29 Dec 2011 23:50:38 +0000

9 Year Mortgage – Five Ways NOT To Spend Your Money

There are many unwise choices to be made when it comes to retirement savings, and risks that shouldn’t be taken. The problem is that we live in financially unstable times, times in which people are making investments they normally wouldn’t out of fear for security, but there are other options. 9 Year Mortgage has some tips about areas that are not to good invest or spend your money in:

1. Do not finance your child’s college education with your retirement savings.

There are many other ways that your child can afford to attend school. Always exhaust all the options before even considering your retirement savings. There are grants, loans through the government, school loans, scholarships and much more if you do the research and talk with the financial aid department of their potential school of interest.

2. Do not make risky choices off the small chance you might make money

Many people who have fear of the always changing stock market have become compelled to chase after risky asset classes.It is important to remember that during the times of the most instability, a long term outlook and an investment strategy are the best course of action.

3. Never invest your money without an analyzed plan

When money is scarce, its probably not a good idea to loan money to friends or to family (its always best to assume this money will not be seen again). Shakespeare`s words from Hamlet ring true about finances today, “Neither a borrower nor a lender be, for loan oft loses both itself and friend”. You may not only lose money by lending to family and or friends but a relationship too.

4. Do not save an inheritance for your kids

Your children are not entitled to an inheritance. As much as you love your children, they will make due just like you did throughout their lives without your financial support. Remember that it is not selfish to be looking after your retirement, it will be needed sooner then any of us realize. Now lets say that an inheritance is received from an aunt uncle or grandparent into your hands at some point, what then do you do with this money? It is best advice to put that money into jointly held property that will then become part of the estate if anything happens to you or your significant other, or it can become a marital asset in the case of divorce.

5. Never believe the markets gimmicks of ‘buy and hold’

Age has indefinitely become the driving factor of who invests in the market and how much they can risk. The younger someone is, the more risk factor that is involved. But remember that you can lose money regardless of age, and in this market, nobody can afford that risk. If you are going to invest in the stock market, just be aware of the ‘buy hold status’ and make wise decisions knowing how much money you can afford to lose before you begin gambling it away.

Wrapping it up with 9 Year Mortgage

Overall, just be smart about where your money is going or staying. If you want to make a risky decision take time to financially analyze how the loss could affect you before choosing that route. These are financially unstable times, but there is no reason to fear. Remember you are in control of your finances, don’t let them control you.

Will The 9 Year Mortgage Plan Work For Me?

Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage representatives are standing by to answer all of your questions about our program, including how soon you will be debt free, and how much money you will save in interest! For more great money saving ideas visit 9 Year Mortgage on Youtube or go directly to the 9 Year Mortgage Money Saving Minute. 9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.