My Weekly Reading: How to Cut Hair To Save Money and How To Negotiate With Your Lender

by Scott on January 17, 2009

It was an interesting week as President Bush gave his last speech as President and Congress has made more money available for banks through the Tarp program. Two more homes are in foreclosure in our sunny Northern California neighborhood and prices continue to drop. I will be contacting some real estate friends this coming week to begin my investment property research.

Here are some great articles I found this week:

GoTo Retirement wrote Best Waterfront Living and Property: Lake or Ocean? A fantastic set of questions to help you analyze your primary or secondary residence as you plan for retirement.

My Dollar Plan lists 16 Ways to Do It Yourself and save money. My wife has cut my hair for years and saved us a bunch of money.

Free Money Finance wrote It’s Budgeting Time of the Year. A great reminder to work on those pesky finances. Have you tried the cash envelope system?

Binary Dollar wrote 10 Mortgage Lessons From 12 Phone Calls and shares some great insight when dealing with mortgage brokers or lenders.

Passive Family Income
wrote Are the Rules of Retirement Changing? We recently met with a financial planner and when asked when we wanted to retire, my wife answered 68. I said “what”? My answer was 40.

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{ 4 comments… read them below or add one }

1 pfincome January 17, 2009 at 8:08 am

Thanks for the mention. Good luck with your investment property research. Keep us posted. I am hoping to get into something by the end of the year and want to learn as much as possible.

2 Manori Money January 18, 2009 at 12:25 am

Thanks for the great info. will def come back and check your new posts. Check my blog as well when you get time it about making, saving, investing money as well as technology and gadgets.

3 Scott January 18, 2009 at 2:11 pm

@ Manori

Thanks for stopping by and I hope you enjoy reading the articles here. Come back anytime :)

4 Scott January 18, 2009 at 2:16 pm

@ PFIncome

Just did some preliminary research today from a real estate broker friend and it appears that investors are starting to get very active in our area and investment deals are being snatched up quickly. Not a reason to “jump in” now but I will be contacting my bank and a mortgage broker this week to see what options are available.

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