The best money related advice I ever received: “If you are fortunate enough to purchase real estate, never let go of it. If you want to buy more real estate, you can use the first property as a bank or you can rent it to someone and have them pay your mortgage and taxes for you.” The first property you buy can secure your future. It’s free money, other people work hard to pay your mortgage, excellent plan. I was living the dream, beautiful condominium that I purchased as a single unmarried woman, it was amazing. A couple of years later I got married and together we bought a townhome, so I rented my condominium, the rent that I received covered all expenses plus a little extra for me. Fast forward 10 years, that real estate advice never meant more to me than when my life shattered and I didn’t have anywhere to go. Four years into marriage, my husband insisted that I sell my property, he said that I could use the money to invest in our next home, I declined, and he was persistent. I should have listened to the advice that was given to me many years earlier by my friend’s mother, she was a smart lady and knew what she was talking about. Yes, I gave in, sadly I …show more content…
I had a double mastectomy and while I recovered from surgery he packed half of the house and moved. During chemotherapy treatment I had to hire a divorce lawyer, and a real estate agent. We took a major hit on the sale of the property because home prices plummeted, we just about broke even (I invested $125,000 into that house). If I didn’t sell the condo, my 6-year old little girl and I could have lived there, instead we moved in with a friend, and eventually rented an apartment. While living at the rental, we arrived at home one night to find that we had a total loss fire, our 2 dogs died and everything we owned was
In Dave Ramsey’s book titled The Total Money Makeover, he outlines seven baby steps to achieve financial freedom. They are as follows: first, build an emergency fund. Second, Pay off all debt except for your mortgage. Third, save enough to cover 3 to 6 months of living expenses. Fourth, invest for retirement. Firth, save for your children’s college fund. Sixth, pay off mortgage early. Finally the seventh step, build wealth and give. I am going to discuss the five steps that I thought were the most important.
Deogratias spoke perfectly when he said, “How could you be a human being like everyone else, if your circumstances were this different?” (32). Solidarity deals with the valuing fellow human beings and respecting who they are as individuals regardless of the color of their skin, religion, ethnicity, or language they speak. The New Yorkers demonstrated in the novel failed immensely in the practice of solidarity. In the quote mentioned at the beginning of this paragraph, Deo asked the question all those discriminated against asked. How could a normal person, although maybe of a different ethnicity, be treated so horribly? The Burundian states just how demolished the surrounding people make him feel by saying, “ I am here being treated as someone who has a primate brain.
One of the biggest influences that I had when coming to this decision was my family. When I was younger I never realized how much we struggled financially. I always had new clothes, enough to eat, a roof over my head, etc. It wasn’t
“Hot off the press! Get your guide on what not to do when purchasing a home.” I wish I had a guide like this one before I purchased my second home. I had warning signs all around me that I chose to ignore. The only thing I knew for sure is I wanted a four bedroom two car garage and I was going to get it anyway possible. Later I received a crash course on the grueling process of going through a short sale and all the stress it puts on your relationship. Though losing this home, I learned not to take on more than I can handle. This is important because it can put a lot of pressure on your marriage, family and you.
I was married to a controlling narcissist for 25 years. I jumped when he came home and our household became stressed when he was around. The kids were scared to ask him if they could do activities. He put me down every day in private, in public, and in front of the kids. He had nothing good to say to me or about me. He began over a period of 15 years talking about a fantasy of seeing me have sex with another man. This grew over the years, he was obsessed with the thought, and he began trying to set something up without my knowledge. I realized I was just an object to the one who was supposed to love me above all. I was severely depressed and didn’t eat. I had no appetite and lost 26 pounds in two months and I didn’t think anyone cared about me. I was so beaten down I had no voice and just wanted to go to sleep and never wake up to get out of the pain. However, I didn’t because of my children. I
He was not able to hold a job. In the 1970’s men were responsible for taking care of the financial accept of the home while women stayed home and took take care the kids, cleaning, cooking and laundry. Not that it is a bad thing that their stay at home dads these days because women are providing for the home. I feel that in my ex-husbands case he has a disease he needs to get help for in turn it made him a lazy man that stayed home. I was the financial provider. I went to work every day while he was at home. Over time My ex-husband became physically and mentally abusive. He was arrested thirty-five times. Every time he was arrested he was released because the cops would say, “ well ma'am you hit him back, if you press charges he can press charges and your kids would go into foster care.” I would take him back every time thinking he is going to change, this will never happen again. Unfortunately it got worse. I found myself last December in another domestic dispute with my ex-husband on December 23,2014 I finally left him. My family had no idea the nightmare I was living in behind closed doors. At, my last court date the DA came up to me and said to me “we are sorry we failed you and your family. We should have fought harder for
Our nation today has become spoiled with instant gratification. Loans and the borrowing system have given the idea that patience is no longer a virtue and that saving is no longer necessary. Material wealth is increased, but so is the idea of false wealth. People have become so bloated with it; therefore they take on more than they can afford. That is what has happened with our nation’s recent wave of foreclosures. Loans have led everyone to believe that they can own a home and it has omitted the practice of saving. That is where the beginning of the solution lies. Our nation’s people need to relearn the value of patience, therefore we need to learn how to start saving again because although loans may pave a way toward homeownership, it is not valued as much compared to someone who has saved for a home.
There were multiple situations such as these throughout the year; however, we finally drew the line when my dad requested money so their house would not be repossessed. I was angry and felt manipulated and disrespected by their total disregard for our financial issues as well. I needed to set boundaries to protect my family and to respect my husband.
Buying and owning your home is part of the American dream. Although the dream itself has since changed, the home still remains the main focal point. Today owning a home doesn’t necessarily mean a house. People now buy duplexes, cooperative apartments, and condominiums. For some families it could take up to a couple of generations before it’s able to have the capabilities of buying a home. To many people it means a certain achievement that only comes after years of hard work. It is a life altering decision and one of the most important someone can make in their lifetime. The reasons behind the actual purchase could vary. Before anything is done, people must understand that it’s an extraneous process and it is a long term project.
In July of 2014 my mother was diagnosed with lung cancer. Less than a year later, my mother passed away. When my mother passed in June of 2015 I decided I would take a semester off of school to offer guidance to my younger siblings. Within three weeks of my mom’s passing there was a falling out between my father and my siblings. This was due to my dad becoming involved with another women. He spent the majority of his time at her house. After losing our mom and having our dad constantly neglect my two younger siblings and my needs we quickly found comfort at our older sister’s house. My younger sister and I moved in with my her while my younger brother stayed with my dad. My older sister has three daughters so I moved in with my uncle to prevent
That’s one of my best decision’s thus far and most likely one of my top 5 best decisions I will make in my entire life. Giving up is something I’ve thought about often. Sometimes when things don’t work out in your favor or maybe you just fail, it makes you feel small, minimized, and disturbed. I’ve learned that if I feel any of those ways, changing my negative into a positive is best. Not just any positive, a positive that benefits me and my future. So when I get down, I watch Property Brothers. Not only are Drew and Jonathan gives me an extensive look into interior design, they’re also a great tool to help me gain not only enlightenment but knowledge watching their show. The fact that they’re hilarious is just an added bonus.
Trust me, this brings me only shame, which is why I am moving out for a while. I just can’t face you for a while until this has sunken in for us both: me, for knowing that you know, and you, for merely knowing. I know I am a coward, but you must believe me in that in writing this letter, I have placed all I hold dear at stake. If you can live with me and be my husband after knowing what you have just read, then I will see you in a week. If you want to leave me- divorce me- I understand completely. But please give it some time.
I knew if they found anything stolen he'd be in trouble, so I hid the items and lied to the cops. All to protect him from getting arrested. All I did was make matters worse because then we were both in trouble. Getting sentenced to jail time wasn’t expected. We were shocked and not ready to handle being tore apart again, even though he said he'd wait forever.. I was in jail for 29 months all together but my husband was only around for the first 6 weeks ( Yes, 6 weeks). He cheated on me and left me for a girl he met at work. By the time I got out of jail he had divorced me , got engaged and had a 3 month old Son. My heart felt more than just broke that time. It felt as if it were shattered. That all changed my outlook on love. I no longer believed in it and thought love now was just a myth , a fantasy, some crazy illusion. I was not the loving caring person I once used to be. I was now cold hearted and mean. I felt lost and empty inside. I was miserable all the time and I began to live recklessly by drinking and abusing my prescription medication to pain pills. I no longer cared if I lived or died. I hated everything about life and most everyone in
We left our house key to one of our cousin but they had made a duplicate key. So it is very obvious that they had made this game plan very earlier. Do you know guys what he did after that, he filed for divorce and wanted to get rid of me in his life. I pleaded him million times and begged him to stop for divorce. Several times I sent him emails but later I figured out that my emails will directly go to the trash folder. How painful was that for me to know? The man I love most in the world has so much hatred towards me. The divorce case is still going on and the most disgusting thing is that the amount of loan I paid for his school tuition –he is not willing to pay back. See what else i can expect from him more in the divorce settlement. Now I learned a lesson, do not trust anyone and do not believe in promises because those things can be broken without any hesitation and feeling of guilty. Now that devil is living a good and happy life and I am the one who is suffering
In conclusion always think about how to spend your money rather than how to earn. Be cautions of products and think of how much you want to spend on a specific product always asses what you need and this of how to refrain from impulse buying. Don’t deprive yourself from buying what you love, instead budget yourself and think according. Separate you necessities from other luxuries. If you balance out your spending and savings saving money would definitely get easier. Saving money is being able to control and know how to spend your money wisely.