Finance Xpress

Why the heck are home prices not going down more with mortgage rates so high? In many parts of the country, home prices are actually going up! The answer to this conundrum is partly due to the “life goes on” home-buying cycle. Many folks put their lives on hold for one-to-three years during the pandemic. …

Explaining The “Life Goes On” Home-Buying Cycle Read More »

The post Explaining The “Life Goes On” Home-Buying Cycle appeared first on Financial Samurai.

After a 3-year COVID pause, student loan interest will resume starting on Sept. 1, 2023, and payments will be due starting in October,” according to the Department Of Education. “We will notify borrowers well before payments restart.” Given the pandemic was officially declared over on May 11, 2023, it makes sense that student loan debt should …

Entitlement Mentality Is A Sneaky Wealth Destroyer Read More »

The post Entitlement Mentality Is A Sneaky Wealth Destroyer appeared first on Financial Samurai.

For those who follow golf, there was a blockbuster announcement that the PGA Tour would merge with the LIV Golf League. Nobody expected the PGA Tour to merge with LIV because the PGA Tour had been adamant in its disdain for the Saudi Arabia-backed league. The LIV Golf League offered obscene amounts of money to …

My Regret Of Not Taking The Money Due To Company Loyalty Read More »

The post My Regret Of Not Taking The Money Due To Company Loyalty appeared first on Financial Samurai.

With the Supreme Court decision on affirmative action in college admissions imminent, I thought it would be fascinating to see what artificial intelligence (ChatGPT) thinks about the topic. This way, we can hopefully get the most balanced perspective about affirmative action possible. After ChatGPT shares its insights on the pros and cons of affirmative action …

An Asian-American’s Perspective On Affirmative Action In College Admissions Read More »

The post An Asian-American’s Perspective On Affirmative Action In College Admissions appeared first on Financial Samurai.

As a landlord who did a post-mortem pandemic review, I've come to realize renters also won big once the lockdowns began. I'm not talking about the renters who decided to stop paying rent even though they continued to be gainfully employed. Many mom-and-pop landlords got hurt by these non-paying renters since the landlord's expenses still …

Why Renters Also Won Big During The Pandemic: Higher Utilization Rates Read More »

The post Why Renters Also Won Big During The Pandemic: Higher Utilization Rates appeared first on Financial Samurai.

Every landlord wants to increase rent to at least keep up with inflation. However, regularly increasing rent is hard to do. Let me show you how you can increase rent with minimum tension. Recently, I received a surprise automatic rental increase from my newest tenants in the amount of $200. They pay electronically on the …

The Easiest Way Landlords Can Automatically Increase Rent (With Minimum Tension) Read More »

The post The Easiest Way Landlords Can Automatically Increase Rent (With Minimum Tension) appeared first on Financial Samurai.

On August 1, 2020, I took out a 7/1 adjustable rate mortgage (ARM) at 2.125%. I could have gotten a 30-year fixed-rate mortgage for 2.75%. However, I wanted to save 0.625% in interest. Years later, mortgage rates have zoomed higher thanks to the pandemic, massive stimulus spending, a war in Ukraine, and supply chain issues. …

No Regrets Getting An ARM Despite Higher Mortgage Rates Read More »

The post No Regrets Getting An ARM Despite Higher Mortgage Rates appeared first on Financial Samurai.