9YM Blog

Whether you are a homeowner or a renter, there are probably a few insurance policies you are skimping out on. You might simply believe you do not need it, are unaware it exists, or think that it is already covered in your current policies. The truth is, for most of us, it will take a major disaster or unfortunate event to make a majority of us realize we should have bulked up on insurance coverage: better safe than sorry!

If you are thinking of tying the knot with “The One,” then 9 Year Mortgage suggests that you first learn how they feel about finances. This may potentially be an awkward conversation, but it will help you form a much more solid foundation when it comes to your financial future together. 9 Year Mortgage has compiled a list of questions that you can ask your partner to instigate a conversation.

The holiday season is over, but stores are not seeing a major decrease in spending by consumers like they have seen in the past. Contrary to thought, consumers are not planning on slowing down when it comes to their spending. Don’t be fooled with all this talk of increased sales and large savings accounts; credit card applications have been rising since 2009 and have been soaring since the fourth quarter of 2010.

In this article, Nine Year Mortgage will share a few options that you have in helping your children start saving for their future education. We all know that education is widely thought of as a key to our future success. In order for us to get that key, we must have money to fund our educational endeavors. Starting to invest early helps money to grow over time. These plans will help your child’s money grow, so you can stress less about how they will end up pay for college.

Who is teaching your child about money? If your not, then chances are that no one is. 9 Year Mortgage recognizes that personal finance is not taught in schools and the only way they are learning is by example. Children often do not see their parents paying their mortgage or utility bills; what they do see is a piece of plastic that pays for most of your daily activities. The moment your child starts noticing the connection between money and purchases, you as their parent, have the obligation to teach them the truth about money; the earlier the better.

Everything you Need to Know about Paying for College from Nine Year Mortgage Finding Loans to Finance Higher Education Funding college, whether for yourself or for your children, can seem a bit daunting. Especially if you’ve already taken advantage of available grants and scholarships, but still have a gap in your costs. Rest assured that […]

Nine Year Mortgage believes that life insurance is an essential protection to have, especially for married people with children. When a primary wage earner is taken in death, serious decisions and consequences arise, such as whether to sell the house, whether a stay at home Mom should go to work, whether a grandparent should move in to take care of kids, and mourning the loss of the spouse/parent. These issues, along with all the rest that go along with such a stressful time in life, are best made with the peace of mind that comes from knowing that money is not a problem or a factor in the decision.

How much did you spend last month on groceries? How much do you usually spend on groceries in a month? Can you answer those two questions on cell phone and cable TV spending, dining out, insurance, gasoline, etc? If you know how much you spend in these various categories you’re miles ahead of most Americans.

Recently, several Nine Year Mortgage clients wanted to learn some steps they could take to be able to live within their income. Each client was spending between $100 and $200 each month more than they earned. As I examined their monthly budgets, I noticed in both cases they had allocated over two hundred dollars a month for “work lunches”. For a normal 20-day work week, that is about $10 every day.