Saving Without A Budget

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Jul 22 2011

Default on a mortgage in Spain? Lose Your House, Keep the Mortgage!

ShareTweet For those of us here in the United States who have long complained about the housing market and being stuck in an unaffordable upside down mortgage, you can thank your lucky stars you didn’t make your financial mistake in Spain. (Full disclosure – with the exception of people who ran into mortgage problems due […]

Written by Justin Weinger · Categorized: Economy, Mortgage Default · Tagged: keeping debt after mortgage default, mortgage default in america, mortgage default in spain, Real estate bubble, what happens to your debt if you default

Jul 21 2011

A Review of Suze Orman’s The Money Class: Learn to Create Your New American Dream

ShareTweet Over the past decade or so, Suze Orman has really set herself apart as one of the great common sense financial minds in the media. Her no nonsense approach has helped many people – particularly the young and women – achieve financial independence and victory over debt. In The Money Class: Learn to Create […]

Written by Justin Weinger · Categorized: Book Reviews, Economy, Frugal Living, Miscellaneous, What To Do With Your Money · Tagged: suze orman the money class, the money class american dream, the money class by suze orman, the money class review, the new american dream

Jul 20 2011

Housing Recovery to Take Decades Despite Recent “Good News”

ShareTweet First, the good news: mortgage applications increased by the largest amount in four months. Next, the bad news: don’t take this as a sign that the housing market will rebound any time soon. According to an article published on Yahoo! Finance, mortgage applications surged by 15.5% for the week ending July 15.  Unfortunately, this […]

Written by Justin Weinger · Categorized: Around The House, Economy, Investing, News · Tagged: economic recovery and housing, housing recovery to take decades, morgage applications surge, unemployment and housing

Jul 18 2011

Recession in 2012 Due to 20% Drop in Housing Prices

ShareTweet As if things aren’t already bad enough – the economic recovery has been slow, unemployment is still near 10%, and the government is on the verge of defaulting on its debt for the first time in history – it’s starting to look more and more like the United States is going to slip back […]

Written by Justin Weinger · Categorized: Economy, News · Tagged: 2012 recession, economy in 2012, Gary Shilling, housing prices fall another 20%, recession in 2012, the age of deleveraging

Jul 11 2011

Pawn Shop, Payday Lenders Show Economy Isn’t Improving

ShareTweet Two of the telltale signs that the economy is not doing well is people having to either sell stuff they own in order to cover their bills or, after they’ve run out of things to sell, get high interest payday loans because they’re out of cash and have maxed out any available credit they […]

Written by Justin Weinger · Categorized: Bargain Hunting, Economy, Miscellaneous, News

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