I hope everyone had a wonderful holiday season and great start to the new year! It has been a rough couple of days getting back into the groove here. I truly love what I do, and was ready to get back to it. I think being off for as long as I was and getting hit with freezing temperatures stalled out my neurons. I am not one to make New Year’s resolutions. I see everyday as a new start, if you want to change something, but I understand the symbolism of the new year bringing change.
The only thing I am resolving to do is keep stepping out of my comfort zone. I was really sort of amazed at myself last week. A friend called and asked me questions about buying a house. I am no expert on the process, pretty good with numbers though. The topic was interest, and why you want to pay over your mortgage payment and work on your credit to get the lowest interest rate available. We worked some numbers and found that an owner financed $90,000 house will triple in price just about at 10% over 30 years. These numbers may not be exactly correct, only verified by an online mortgage calculator. I gave her advice on buying and refinancing for lower interest ASAP. I wish I would have realized just how important credit really is when I had my first Mastercard.