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Home Equity

Posted by RyanC on 5/16/2008 at 9:20 PM | 2 answers | 38 views
1) If I have $0 equity in my house and the value of my house goes up $10,000... how much has my networth increased? 2) If I have $100,000 equity in my house and the value of my house goes up $10,000...how much has my networth [...]

$100,000 chase heloc loan

Posted by fibonacci on 5/16/2008 at 3:14 PM | 5 answers | 44 views
I just got an offer letter from chase for $100,000 loan at 4.24 %, just because I'm in some database for having good credit. No closing costs! $50 annual fee. 3 year minimum commitment. I am going to go through the math If I borrow 100,000k and pu [...]

Rolling savings bonds into a 529 Plan

Posted by Canopybowstars on 5/16/2008 at 5:30 AM | 0 answers | 14 views
I have about $15000 in EE/I bonds that I'd like to cash in and put into my kids' 529 plan. Is this possible without triggering a taxable event? If so, is there anything I need to do before/after selling the bonds?

networthiq.com comparison report

Posted by 383stroker on 5/15/2008 at 4:52 PM | 3 answers | 60 views
i have a question concerning the comparison report catagories: whats the difference between "median" and "average"?

Where do you store your Emergency Funds?

Posted by thriftyfemme on 5/15/2008 at 7:34 AM | 10 answers | 84 views
I'm having an internal debate about where to store my eFunds. What do you think? Is it better to sacrifice interest earnings at an internet bank for easy access from a local brick and mortar?

Anyone not buying it? (a home, that is)

Posted by SustainableSavings on 5/14/2008 at 11:20 AM | 7 answers | 90 views
Curious if any people currently renting with money to buy are still choosing to rent, and why. I am. Everyone thinks I'm crazy for not buying now, but I've run the numbers, and for my family, buying now will not help our financial picture.

Children and Finances

Posted by bothpaninis on 5/14/2008 at 5:03 AM | 9 answers | 82 views
Spouse and I are beginning to entertain the idea of having kids... How has having children affected your finances? Any regrets?

Where to put my savings?

Posted by Ethele on 5/13/2008 at 12:57 PM | 9 answers | 108 views
We're currently saving around $1K a month. We have a mortgage that is 5.875% and $2.5K student debt at 5.5% - not really planning on paying either of them off. We are building a cushion of 6 months' living costs right now plus an extra $8K for expected r [...]

Seller Incentives - How to Apply Them to a Purchase

Posted by dal2 on 5/13/2008 at 11:09 AM | 3 answers | 35 views
Interested in a new townhome where the seller would contribute 6% of the sales price as incentives. The one thing they won't do is dilute their asking price since they'd have a hard time explaining it to their lender and former purchases. That's not my pr [...]

Where to put 1-2 year investments

Posted by itchyeyes on 5/13/2008 at 8:02 AM | 5 answers | 64 views
As of August my fiance and I will have all of our wedding expenses out of the way and all of our debt paid off. At that point, we'll begin earnestly saving towards a down payment on a home. We plan to be saving for about 1-2 years before we're ready to [...]