Our HELOC (home equity line of credit) is a line of credit that was extended against the value of our investment duplex (which didn’t have any other mortgage liens against it). Having dumped about almost $60K in cash into the duplex over [...]
Mixing family and money. It’s never simple, is it? In case you’re new here, we’re not in the habit of over-sharing money matters with our family. That we reserve for our little corner of the interwebs here. But, family and money come into play for us largely [...]
We wrote about why Mr. PoP and I combined our finances when we got married, but we actually didn’t end up closing many accounts to do so. Why? Well, basically Mr. PoP’s primary financial institution was a credit union (PSECU), and mine was a big nationwide bank, so all we did was make the accounts [...]
When we look at our balance sheet, it’s always a good check-in at all the different entities to which we owe money. On the most recent balance sheet we have: credit cards, car loan, HELOC on rental property, family loan, and primary mortgage on our home.
It’s a lot of debt to pay off if [...]
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