Resourceful-Mom

Home Buying – Renting vs Owning

As with any decision, there are pros and cons.  So, it should be no surprise that this would be the case when deciding to purchase a home versus continuing to rent.  In addition, pros and cons vary based on the person assessing the situation. As an example, I am green thumb challenged so yard work does not interest me; however, if you love giving attention to your garden after work, you will disagree that yard work is a negative. Read more…

Paying your way through school

Attending an accredited college or university will require that you complete a Free Application for Federal Student Aid (FAFSA).

Not a bad thing, as it provides a financial snapshot for which to base your eligibility for federal assistance.  Federal assistance,  in the form of college scholarships, college grants and work study programs for college student, reduce the amount you have to potentially pay out of pocket in one form or another. Read more…

Your past, is it true?

Depends on what they say about me

Your credit report is used by many financial institutions to determine if, according to your history of paying others, they can trust you to pay them back according to the terms agreed upon.

Since a credit report is used to tell the story of your financial past, it’s your responsibility to monitor what is being said about you.  Below are items that could potentially be on your report, in no particular order: Read more…

Get help with your car buying decision

Within the last 6 months or so, not far from where I live, I passed a house with a car for sale in the yard.  It was a Honda Accord and from what I could tell, it appeared to be in very good condition. Along with the phone number, the For Sale sign included specific instructions not to knock on the homeowners door concerning the car.  Odd, right?

Well, I called the number and asked about the car.  The car owner explained that he’d gotten the car for his daughter; however, she  recently went away to college.  He went on to explain that he’d been driving the car recently so he could attest to the fact that it was a good car, he was only getting rid of it because he didn’t need 2 cars. After asking him a few more questions, I thanked him for his time and ended the call. Read more…