Can The Bank Take Your House Even If You Pay Your Mortgage?
Can The Bank Take Your House Even If You Pay Your Mortgage?
by Wanderer / January 30, 2023
The Wanderer retired from his engineering job at a major Silicon Valley semiconductor company at the age of 33. He now travels the world, seeking out knowledge from other wealthy people, so that he can teach people how to become Financially Independent themselves.
It’s every home-owner’s worst nightmare. Already drowning in debt, and with a rampaging cost of living crisis causing many families to barely be able to make ends meet, they get a notice from their mortgage company that says something to the effect of:
You have 30 days to pay back your entire mortgage balance in full, or we’re taking your house. Have a great day!
Everything You Can’t Have
Everything You Can’t Have
JAN 31, 2023 by Morgan Housel@morganhousel
Nothing is as desired as much as the thing you want but can’t have.
In fact for most people there’s a hierarchy of wants that goes something like this:
If you don’t want something and don’t have it, you don’t think about it.
If you want something and have it, you might feel OK.
If you want something and don’t have it, you might feel motivated.
If you want something and can’t have it, you drive yourself mad.
A few years after leaving office, Richard Nixon mentioned that the richest people in the world are some of the unhappiest, because they can afford to never struggle.
12 Life-Changing Millionaire Lessons I Learned From Working with the World’s Richest People
12 Life-Changing Millionaire Lessons I Learned From Working with the World’s Richest People
10. December 2022 Financial Imaginer
Over the years, I’ve had the opportunity to meet hundreds of millionaires and learn valuable millionaire life lessons from them first-hand on and off my job as their wealth manager. While their backgrounds, lifestyles, and fortunes vary greatly, there are some common traits that all millionaires seem to share.
In this blog post, I will share with you 12 life-changing millionaire lessons that I’ve learned from the world’s richest people. My goal in sharing these lessons is to “inspire” and help you become the best version of yourself and build a path to financial freedom!
When to Use A Cashier's Check vs. Money Order
When to Use A Cashier's Check vs. Money Order
Andrew J. Dehanb Tue, January 31, 2023
There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure options for making a payment. Each comes with its own set of advantages and disadvantages. Let's start by defining cashier's checks vs. money orders and going over their individual pros and cons. Consider working with a financial advisor as you decide where to put your money.
Speed Of Time
Speed Of Time
23. October 2020 Financial Imaginer
Today I’m celebrating my birthday. I’m turning 41. Translated for you: It means I’m now closer to 50 than to 30 and closer to 60 than to 20. At least that’s what I’m thinking about right now. Also, 41 years means I’ve spent now more time living after the year 2000 than before. Hell, just think about it, 1990 is now further away than 2050.
Yes, birthdays get me thinking “about time” every single time. And I like it. Because time flies.
The speed of time is exactly 365.242189 days per year!
Is this fast? Is it slow? Well, that’s where it gets interesting, you see:
It depends!
The Eight-State Suicide Pact Is Advancing Quickly...
The Eight-State Suicide Pact Is Advancing Quickly...
January 30, 2023 By Simon Black
By the early 300s AD, ancient Rome’s population was in significant decline. Modern historians haven’t nailed down a precise number for Rome’s population— and estimates vary— but the clear consensus is that population peaked in the first or second century AD, and then began a rapid fall.
We know the reasons why. Roman citizens were sick and tired of the corruption, inflation, taxes, crime, social decline, constant chaos, etc. and they sought greener pastures elsewhere.
Price and Value
Price and Value
February 2022 Financial Imaginer
When it comes to price and value, most people think that they are one and the same.
This could not be further from the truth.
In this blog post, we will discuss why there is always a difference between price and value, and why this is so important in the world of business. We will also cover how different markets work, and how you can become a better investor by understanding this concept.
A fool knows the price of everything and the value of nothing.
Why is it so Essential to Learn Money Skills?
Why is it so Essential to Learn Money Skills?
August 2021 By Financial Imaginer
Do you know how to take care of money? Did you learn about money in school? From family? From friends? Have you ever wondered how some people seem to have more money than others? Some even have more than they would ever need. This is not just because they’re lucky, it’s because they’ve learned how to take care and manage their money!
If you want to feel confident about your financial future, then there are some things you can learn about money. I can be your teacher. If you invest your time to improve your financial literacy, I promise you here and now this will be one of the best decisions of your life!
8 Auspicious Money Traditions to Welcome The Chinese New Year of the Rabbit
8 Auspicious Money Traditions to Welcome The Chinese New Year of the Rabbit
21. January 2023 By Financial Imaginer
The Chinese New Year of the Rabbit is just around the corner and with it comes a time for celebration, family, friends, and of course – Money. The new year is all about new beginnings, fresh starts, and building your fortune! My wife is from Taiwan and by now we’ve almost enjoyed 20 Chinese New Year celebrations together in Taiwan, Singapore, and Switzerland. I always enjoy celebrating and immersing myself in Chinese New Year festivities and thought it was time to share and explore these beautiful traditions in the form of a blog post.
Always welcome the new morning with a new spirit, a smile on your face, love in your heart, and good thoughts in your mind.
How Much Land Does a Man Need?
How Much Land Does a Man Need?
February 2022 Financial Imaginer
How much land does a man need? This is the question Leo Tolstoy asked himself after realizing that chasing more and more in life would never lead to happiness. In his classic book of the same name, he delves into a tale of a farmer who is rushing through life aiming to accumulate increasingly more land.
The story starts with how a farmer’s wife had a visit from her sister from the big city.
While they were sitting at the table, his wife started to talk – and compare their lives:
How To Protect Yourself From These 4 Banking Scams That May Target You
How To Protect Yourself From These 4 Banking Scams That May Target You
Gabrielle Olya Sun, January 29, 2023
There are many benefits to keeping your funds in a bank account, but one of the main reasons many people keep their money at a bank rather than under the mattress is the added security this provides. However, some scammers have come up with clever ways to access your bank account information or to get you to send them money from your secure accounts.
Here’s a look at some of the most common banking scams — plus, how you can avoid becoming a victim.