Month: February 2015
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“Savings” plan: Cash value life insurance vs home ownership
Incentives to save and have a nest egg at the end of 20 years can take many forms. Cash value life insurance, touted as an insurance/savings plan is more often sold than other forms of life insurance. It can be borrowed against but the net returns are not as substantial as if term insurance were bought…
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Own To Build Wealth (Over Time)
Home ownership can build wealth over time….if you buy a home that you can actually afford. You build wealth(equity) every month you own your home. Your equity in your home is the amount of money you can sell it for minus what you still owe on it(mortgage). The mortgage comes with tax benefits: The…
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Friday 13 Superstition or superinsulation, You Choose.
Insulation as mold preventative? Black mold, the scariest deterrent to home value can be prevented. Mold needs three factors to get a grip on your living environment: 50% + humidity, 40°+ F temperature and biodegradable material. Cellulose is great stuff if you can swear it’s going to stay dry. Unbacked fibreglass also great.…