Your first economic priority needs to be liquid cash. There are two reasons to have a ready stash: something good happens or something bad happens. Good things that require cash: Your child is accepted to a terrific (but more expensive than planned) school You have an opportunity to invest in a vehicle that will enable [...]
I see a lot of folks who need to refinance because they fell in love with their house before they developed a mortgage strategy. They put the cart before the horse. They signed the purchase agreement and played beat-the-clock to get a mortgage and unpack the house before school started again. The problem was, they [...]
