Mortgage

Mortgage Payoff Progress for December 2012 with Chart

My wife and I moved in to our new home in February of 2010. We have a conventional, fixed-rate, 15-year mortgage.  We recently reduced the interest rate on our mortgage. Our goal is to pay it off our mortgage in less than ten total years. As of December, we have made 33 regular, monthly mortgage payments. We have also made several additional principal-only payments. Our mortgage payment is drafted from our primary checking on the first day of each month. Additional principal-only payments are made throughout each month, as we earn additional income and find ways to decrease budgeted-for expenses. Here is our most recent chart –   The chart shows two percentages: The blue percentage is how much I…

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Saving Money, Video

Plant A Garden

Last year, I planted a small garden. Throughout the spring and summer, we had fresh strawberries, butter beans, and onions. This year, I plan to expand my garden.  I will be adding a couple of raised beds – and trying my hand at growing watermelons, potatoes, and assorted beans. My goal is to be healthy – and frugal.  Here are some tips for planting a garden, without breaking the bank. Place your garden in a convenient location. This is crucial.  Take in to consideration sunlight, soil conditions, and proximity to water.  If you are dragging hoses back and forth, watering the garden will become a real chore. Buy tools at yard sales – and borrow / share with friends. Depending…

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Family, Resources

Travel With A Plan

I love the beach. When I retire, I want to live where 50 degrees is considered “cold weather” – and I can rock flip-flops 300 days a year. As it stands right now, a couple of trips to the beach each summer will have to do, seeing as how my wife and I have jobs, three kids, a mortgage, and are both years from retirement. So, when we do get a chance to go the beach – we want our trips to be memorable, relaxing, and awesome. I was doing some research on travel and came across a great article from Trent over at The Simple Dollar.  He has some excellent thoughts about vacation planning.  He writes about the “peak-end…

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