Відео

If people love to gamble and don't mind loosing P2P loans are prefect. That is like gambling 24-7 without having to place bets often!!!! But I am impulsive and love to gamble so this is perfect!!!

thank you very much!

This was good Mike, thank you.

I really need it now

VERY GOOD

if a person could live on 5$ a year, then maby interest would make sence.

Follow up question on the video: How can I have a APY for a 6-month term CD?

Great topic ...the banks probably don't want you to know! If I put $100 in the bank at 1% apy (assuming interest is calculated monthly) and I withdraw the interest each month, is the interest each month one twelfth of 1% of $100? 8.3 cents? How much would it be in 12 months if the interest is left in to compound monthly? Is there a formula to figure this out?

Hi, just came across your video, great helpful info. I just got a new car a year ago and I think my dealership or credit union sold my payment info, so I got a refinance offer in the mail from (Autoapprove), stating that my current payment is (. ), new payment will be ( ), and I save ( ) a month. I will still research other options but this is marketing, thought I mention this.

thanks man

Thanks for sharing this video. I learned so much.

If i hv a home loan @ 5.5% interest and owe 32,000 dollars how can i pay it off in 2years

Here to speak my goal out into the universe. My goal is to pay off my 30 yr mortgage (24 1/2 left) in the next 7 yrs before my 50th💚

Can I get a second car loan while having an existing one without trading it in.

What if the wreck the car? If there is gap insurance it would cover that but what about the cosigners personal liability?

Absolutely! Cutting down your car insurance premium can lead to serious long-term savings. Even small reductions add up over time. By finding affordable coverage, like Insurance Panda’s $25/month car insurance, you could potentially save thousands over the years. It’s definitely worth shopping around, reviewing your policy regularly, and looking for discounts-it’s an easy way to keep more money in your pocket!

I was never able to squeeze even a penny out of my monthly budget as a single parent of two kids . The thing I was able to do is take my tax return and throw it at my mortgage principal 17 years my home was paid off.. .

👍

Which company is best for Nevada

does paying $50 bi monthly pay it down even faster? Than $100 extra monthly? straight to principal

My mortgage loan officer said front loading make no sense, he doesnt understand why i would want to do it. Is mortgage calculation different than math, or does he doesnt know what he is talking about?

Thank you !!!

Dropped 192k on a down payment. I’m super motivated to pay heavy principal payments on the mortgage

Martinez Frank Robinson Laura Davis Kimberly

Mike, I understand paying 1200 at the beginning of the year in your video, aka front loading the discount. But in my scenario, i plan to pay an additional $40 per month principal only payment ($480 annu) on top of the regular $760 monthly payment. Is there much savings in using this strategy vs paying $800 - $1000 monthly, by making 52 annual payments at $200 par week?

My interest rate on my 2019 NISSAN ROGUE SPORT IS 19.20% for 72 month, please help! 😞 I just got it last Monday.

Thanks Much!

I am upside down on my car.No escape

Great video, from my understanding, the following list is a good place to start, check if you’re doing any of these and stop immediately - Common Spending Habits That Can Lead to Financial Struggles: Impulse Buying: Giving in to the urge to buy things you don't need. Overusing Credit Cards: Carrying high-interest debt can be a major financial burden. Keeping Up with the Joneses: Spending more than you can afford to impress others. Lack of Budgeting: Not tracking your income and expenses can lead to overspending. Not Prioritizing Savings: Failing to save for emergencies or long-term goals. Remember: It's never too late to change your spending habits. With the right tools like money apps- TimelyBills is a good one and mindset, you can break free from the spending spiral and achieve financial freedom.

Mike, you did a great job! I finally understand the difference. When you said that compound interest is interest that you earn on previously earned interest, it finally clicked in my brain. I'm trying so hard to understand economics so that I can get my money to work for me rather than I just work hard for my money. Frustration sets in when I can't comprehend the lingo in order to be successful. I've given up so many times, but I go back to reading and watching videos to study again. Thank you so much for sharing your knowledge.

Can sell car finance car through dealership is yes, is that repo ?

I just applied fingers crossed :)

Hypothetical, my bank sees my pay pal account transferring 1,000$ they let me do this three times back and forth between my fiancee and myself, then the banks computer flags the account and shuts it down, then the bank accused me of kiting fraud, but the money was there but they wouldn't let it process then they multiply the 1,000 by 3x and put the negative balance in my savings which had 10 bucks in it and I never touched it. Now they expect me to pay 3k. Is this legal?

What if my job has a program where they pay for my classes and I just pay for books and graduation? How much should me and my soon to be wife save up for a house?

Does refinancing get rid of any warranty’s?

Isn’t it hard to get approved at a credit union if you have bad credit ( 500s)

What if I'm selling and buying. Do I pay fees again after I sell and buy another home? Or I just pay the 6% when I sell and zero % when I go to buy?

I’m still doing this method in 2024. Thank you so much over the years. You really helped me 🙏🏽. I’ve called it “Potential Savings”

it’s unbelievable seeing the interest rates people have been taking on… i have thought 8.24% is way too high with 765 credit score in 2024… that’s CRAZZZZY to see people are taking 15-25% interest on loans in 2020 during all time lows…

What about ilender

I’m looking into selling my mobile home, is the commission fee the same as a house ?

Do I have to disclose my current interest rate with the other bank to move forward? Because I was asked to send a copy of my rates…

I did not know that the R E agents fee is negotiable, I agreed to pay 4% -- BUT I already had the buyer so all she had to do was draw up the paper work. I got RIPPED OFF!

Would be great to include 3rd scenario for the frugal saver who wants an emergency fund, what happens if you wait until December to apply the lump sum $1200 payment?

So I’m looking a refinance n I got a 11% apr n lower payment but idk if it’s worth it cause the length is 89months

What about when your current financing charges most of the interest in the first couple years and then you refinance and you end up paying more because the interest has reset?

I just bought a car and after contracts were signed, I realized the bank they used has all 1 star reviews, even on BBB site. I really want to refinance to get into a trust worthy bank.

Great info

Thank you for helping me on a high school assignment.

Toyota is the worst to buy or refinanc My credit is excellent And I got a financed rate of 8.7 % Total rip off