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Reverse Mortgage on Your Home

What is a Reverse Mortgage?

A reverse mortgage loan is a Federal Housing Administration (FHA) insured loan for homeowners ages 62 years and older that uses a portion of their home’s equity as collateral. The home must be free from any liens and any existing mortgages must be paid off with the funds received from the reverse mortgage loan at closing.

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Small Business Accounting

Small Business Accounting: A DIY Guide

Small business accounting, like any office skill, takes some time and training to get used to. It might be an even steeper learning curve if you are accustomed to a larger team or haven’t had the opportunity to set up a DIY framework. The good news is that the digital age has made this endeavour

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Xfinity Mobile 5G

Review of Xfinity Mobile 5G – August 2020

Earlier this summer, Comcast launched new premium service 5G data plans for Xfinity Mobile. The Three Thrifty Guys spoke with Xfinity to get the story behind the new service, interviewed a current customer, and evaluated the new plans. Our Xfinity Mobile 5G review below has everything you need to know. Things We Love About the Xfinity

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Mortgage Refinance Calculator

How to Refinance a Mortgage (Free Mortgage Refinance Calculator)

With mortgage rates at historic lows, there has never been a better time to refinance a mortgage. Refinancing a mortgage may allow you to reduce your interest rate, cut your monthly payments, reduce the number of years it takes you to pay off your home, or tap into your home’s equity.   Refinancing may also

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Setting up an online business- work from a coffee shop

How to set up an online business in 1 day

There are several reasons why you may want to set up an online business. One of the most appealing things about running an online business is the freedom it offers. Having gone through this several times ourselves, we thought it would be helpful to share a guide on how to set up on an online

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10 Essential Reads to Become Financially Independent and Retire Early

10 essential FIRE reads for 2020

In this article, we cover 10 essential FIRE reads and book summaries for 2020. The ideas that originated the FIRE movement began with the 1992 book Your Money or Your Life by Vicki Robin and Joe Dominguez and the 2010 book Early Retirement Extreme by Jacob Lund Fisker. Since then, countless people have taken advantage

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14 Money Saving Ideas for 2020

14 Best Money Saving Ideas for 2020

We are 2 months into 2020 and by now you may have given up on some of your New Years Resolutions. However, this year is going to be different! This next year has to be different! We can’t continue on the same trajectory we are on! Do you need to take that final step to

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2020 Income Tax Rates from the IRS

2020 Income Tax Rates Released by the IRS

For the early planners, the IRS announced updated 2020 income tax rates this week. There are 6 federal income tax brackets for 2020 – 12%, 22%, 24%, 32%, 35%, and 37%. The standard deduction for married couples filing jointly will rise from $24,400 to $24,800 for the tax year 2020. For single taxpayers and married

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