Headed to College, First Answer Three Questions  

Disclaimer: Good Day, Readers.  The WealthBuildingPowers blog is a financial literacy and competency blog, and it does not provide specific investment recommendations.   Prefer audio - click below. First Question The first question: Do you need to attend a four-year college?  Many people complete college, and their job prospects are often similar to those of a high school graduate.  Others drop out, saddled with tens of thousands of dollars in debt and nothing else to show for ...

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Debt Free Versus A Mortgage: What’s the Best Financial Move?

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.     Is it better to borrow $300,000 for a home purchase and keep Your Money Invested?   Let’s compare the two scenarios.  Assumptions You have $300,000.00 invested in the market You have sufficient cash to put down 20% Targeting a property worth no more than $500,000.00 Mortgage interest rate assuming worst case today: Seven Percent Scenario 1: Cost of Mortgage Loan Details: $300,000, 7% ...

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