Economy

Why I’m Waiting Until After 2012 To Buy A Home

by Millionaire Mommy Next Door on April 25, 2010

in Economy,Real Estate

Tweet The real estate and mortgage industries are trying hard to convince us that NOW is a good time to buy a home. They use low mortgage interest rates and the soon to expire First-time Homebuyer Tax Credit program (which I qualify for since I’ve purposely been a renter for the last 6 years) as […]

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Tweet Wow. Thanks for all the curious/concerned emails lately asking, Where are you? All okay? It feels awesome to be missed :>) I’m fine; just took a blogging break. Actually, I’ve been writing a quite a bit lately, just not here… forums, media inquiry replies and interviews, a book proposal and outline, coaching followups, storybooks […]

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Tweet There is a common misconception that most people are either right-brained (creative, intuitive) OR left-brained (logical, analytical). But this isn’t true. We are born with two brain hemispheres. It’s just that our society tends to place a higher value on left-brain skills such as language, logic and math. Unfortunately, this left-brained focus can squash […]

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Cash For Clunkers Ends Monday: Here’s Why I’m Keeping My Clunker

by Millionaire Mommy Next Door on August 20, 2009

in Economy

Tweet Quick and sloppy post here — I have timely news and advice but only 10 minutes to share… The Cash for Clunkers program ends on Monday, but I won’t be spending my weekend tramping through car dealerships. Here’s why: My clunker is worth more $ now because so many cheap cars have been destroyed. […]

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Tweet I’ve been receiving emails lately from people asking questions like: “Is the stock market experiencing a true recovery or is this just a bear market rally?” “Do you think we’ll see a V, W, U or L shaped recovery?” “Should we expect deflation or inflation?” “When will my house be worth as much as […]

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Mailbox: Outsourcing Edition

by Millionaire Mommy Next Door on July 18, 2009

in Be Your Own Boss,Economy,Mailbag,Resources

Tweet “When the economy tanked, I was forced to come out of retirement and work as a taxi driver.” Photo: Visit Puppies Are Prozac for a dose of adorable, funny animal photos to chase the grumpies away. Readers’ Questions Answered: “You mentioned being better at the business side of things, but what did you do […]

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Realtors Might Not Have Your Best Interests At Heart

by Millionaire Mommy Next Door on July 9, 2009

in Economy,Real Estate

Tweet I made contingency-free, cash offers on three different houses this week. I used recent sold comps (comparables) and price-to-rent ratios to calculate a reasonable price. All three listing Realtors refused to present my offer to their sellers “because my bid wasn’t close enough to their asking price”. Even though Realtors are legally required to […]

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