As parents, I think that we all want our children to succeed in life.  We try to prepare them for lives as adults as best as we can and no matter how old they are, you are willing to help them no matter what.

So, when my son asked for help to pay for real estate investment training courses I knew that I had to help him.  He had been working really hard to save up a down payment on his first investment property and truth be told, he was making a good return from it.  But his problem at the moment was that he didn’t know how to get more money for subsequent investments except by saving it himself which was going to take too long.  He thought the course would help.

There was a college in town that offered real estate investment training as a night class, but he decided to get his money back after the first few classes because the instructor didn’t know what he was talking about.  So, he looked online to find a course that would work better for him.

Now, just two weeks in the course, he is very exuberant about what he has been learning and how that he will be able to succeed financially with all of the information that he is learning.  I think that I made the right choice by helping him out.

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With the current recession, I’ve heard a lot of reports of people combining households to save money.  Grown adults are moving their families in with their parents, either to help them save money or to take care of their parents — or perhaps a little of both.  College students and graduates who have just recently joined the work force are moving in with their parents or getting roommates to help them save money in a time when this has become more important than ever.

A communal household really can help you save a lot of money.  Of course, if both the families who are moving in together have whole households full of stuff, then chancs are at least one of you will need to put some stuff into self storage.  The cost of personal storage is pretty minimal, though, when you consider how much money you will save on rent and other expenses!

Just be sure, when you are combining households to save money, that you have a plan in place to ensure that you actually DO save money.  It is easy to get carried away and spend the extra instead of saving it.  But if you sit down and run the numbers ahead of time, and make plans to set a certain amount into a savings account every month, you will ensure that combining households (and dealing with what we all know is a real trial) won’t have been for nothing.

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My fiance declared bankruptcy with his ex-wife about 4 years ago. I have great credit. What will happen when we get married? Also, we would like to eventually buy a house. Should I try to do it alone with my great credit before getting married, or after marriage with twice the income but his history? Any insight would be great.

Written By: delisa

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