Nearly half of millennials who plan to buy a house in the near future have no savings for a down payment. According to a recent study by Apartment List, nine out of 10 millennial renters plan to buy a house, but 48% say they have no savings for a down payment. The study found that only 11% of millennials who plan
Here’s an excerpt from the latest edition of Investing in Your 20s and 30s for Dummies, by Eric Tyson, the author of 18 different personal finance books.
Minimum wage might be doable if you live with your parents or a romantic partner. But on your own, it’s really tough — be prepared to make sacrifices.
Last week I wrote about how amateur stock picks and even random stock picks have outperformed expert stock picks since January 2012. It is one of the reasons I don't trust the stock market. I realize this is not a popular opinion. Talk to any financial advisor or even your parents or grand parents, and they will tell you that
There was a time when a man's word was as good as gold. Fast forward to today when a good amount of people, including one of my favorite personal finance bloggers, don't even feel compelled to pay someone back on a home loan worth hundreds of thousands of dollars. We're talking about mortgages and how some people are walking away
It pays to know the law. No, I mean it really pays. A guy found a loophole in Texas law and claimed a $330,000 home by filling out a form and paying $16. I don't even think Warren Buffett can turn $16 into $330k. That's a 2,062,500% return on investment! The bank that owned the mortgage foreclosed on the owner,
