Hey everyone, Thanks for following our blog and for being an awesome supporter! I’m writing to let you know of an update and some changes. We are transitioning FinancialFluency.org to MoneyQlip.com and here’s why: Over the past 2 months, Vania and I have been working with a team of designers and engineers to develop a really cool product! We are projecting this product to be in market in 8-12 months. As you may know, financial literacy in this country is only at 57% and we are focused on creating a solution for the remaining 43% of the population. That is why MoneyQlip … Continue reading Update About Our Blog
Being in debt has been normalized for many of us. Mention that you’re swimming in it and the response is always “who isn’t?”. We have been conditioned to believe that having debt is something we will always live with. I … Continue reading From Financially Clueless To Savvy in Under A Year!
I’ve heard many folks complain about their PMI and how it increases their monthly payments by $100 – $150. With some folks, it’s like the PMI has a bad rep. I think what they forget is that the PMI has … Continue reading PMI May Be The Reason You Are Getting Your Home!
My wife and I are about to enter the mortgage refinance market because we want to get rid of our private mortgage insurance (PMI). What gives us confidence in entering this market is the rate of growth in our equity, … Continue reading 5 Reasons To Refinance
You’ve found the home or your about to get started with your search but you are in the “crunching the numbers” phase and the question arises, should we pick a 15 or 30 year fixed mortgage? Well, there’s a lot … Continue reading 6 Things To Consider Between A 15 and 30 Year Mortgage
Whether you are a first time home buyer or you’re a pro at purchasing homes, your credit score will always influence your mortgage interest rate. As you know, your mortgage payments have 4 components to it and interest is one … Continue reading Keep A Close Eye On Your Credit Score…It Can Make Your Mortgage Very Costly
Ah, the age-old questions that has been ruining relationships since the dawn of time, who picks up the tab when you go on a date? Now, before I continue with this riveting topic, I want to make clear that this … Continue reading Opinion: Your Date Doesn’t Always Have to Pick Up the Tab
I’m currently 27 years old and I’m not yet a home owner. While some might consider it okay (including myself) I often debate whether I should be “throwing money down the drain” in rent or commit to buying a property. … Continue reading Property Taxes And The True Costs of Home Ownership
You may have heard or read from financial advisers and other blogs that your monthly rent/mortgage payments should be less than 30% of your monthly net income. This is great advice! Before you fall in love with the home or … Continue reading Don’t Fall In Love With The Home If It Costs Over 30% Of Your Monthly Net Income
The economy has bounced back since the ’08 economic crisis and one of the best indicators is the housing market. According to Zillow.com, the average home value has gone up by 7.4% in the United States. However, if you live … Continue reading Mortgage Programs and Grants For Public Servants, Including Teachers
If you’re in the market as a first time home buyer, this is one of the most intimidating and confusing experiences you could have if you haven’t done proper research. I can tell you that when we first purchased our … Continue reading Your First Time Home Buyer Checklist
Recently I had one of my really close friends ask me “so what exactly do you pay with a mortgage?” At first my friend thought that my insurance, taxes, and PMI were all separate and in addition to my mortgage, … Continue reading There are 4 Pieces to Your Mortgage Puzzle
Currently, I’m a home owner and I used to be a renter for many years. I’m not going to lie, there is plenty that I miss about renting an apartment. After you’ve removed and installed your own toilets, assembled 3 … Continue reading Buy Or Rent?
There is no secret sauce to managing your debt. If you have been following my posts this month, I have focused on debt management and I have written many tips, best practices and strategies I have personally used in my … Continue reading What It Takes To Become Debt Free
Let’s be honest, impulse buying happens to all of us, you, me, your abuela (that’s grandmother for all my non-Spanish friends.). I know personally, there is nothing I enjoy more than going to the mall on a lazy Sunday to … Continue reading Do You Really Need Those New Shoes?