In Episode 5 I mentioned how extra premium payments can make a big difference. Here is a great tool via Bankrate.com to see what some extra payments, lump sum or systematically can do to the length of your mortgage. Enjoy!
Hey – got episode 5 up on Friday. Taking a deeper look at understanding mortgage payments and all the extras you may be paying for including, escrow and PMI. Taking over your escrow payments is a way to reduce what’s being payed to your lender but be careful, you need to be ready to pay taxes and insurance when they come due!
Little delayed on this post but check out how we juggle the grocery store portion of our budget. Quick hint, it’s a lot of Aldi’s and Costco.
Also a highlight – Costco gas savings alone can many times offset the Gold Star annual membership of $60 so keep that in mind if leery of the annual charge.
Moving along the ROM Diamond we add Debt Management as the next step. This episode discussed different types of debt, how and where I utilize it and my thoughts on the good, bad and ugly of each. Also, check out the tools section. I’ve included a few links to noteworthy data figures that folks should keep an eye on from time to time. Thanks for stopping by!
Happy New Year! We are off and running in 2023 and I hope everyone is having a nice start to the year. Holidays are always special but I do enjoy getting back in to a bit of a routine.
During the 2nd episode I went over the basics of how I run our budget and showed some items on the videocast that is available on YouTube which you can view here or click the YouTube link above. Also, ROM is now available on most popular podcast sites, Spotify, Apple, I Heart, etc…very exciting!
Here are the links I mentioned
– The ROM Diamond
– Our budget breakdown 2020-2020
– The forward looking budget template
