You’ve been waiting impatiently for days, and the deliveryman has finally rung your doorbell bringing you that coveted package you’ve been waiting for. But,…
I used to think that before I could save for retirement, I had to pay off all my debt. Though paying down debt definitely frees up money which helps you save more, it’s not a black and white area where you can only do one or the other. Instead, retirement savings should be a priority with paying off debt close behind.
Living in Southern California most of my life, I’ve only seen or heard thunderstorms a handful of times and snow twice (without having to go to the mountains.) I can remember the onslaught of February rain in 1997 and 2005, that’s how infrequently we get consistent showers day after day – I remember the dates!
Living in Southern California where the starter home prices average in the $400,000’s makes it difficult to ever imagine owning a traditional 3 or 4-bedroom home with a little bit of land, especially on an average income. So, renting has been the way of life for me.
There are chances that you might be looking for a lump say amount in return for monthly payments arising from litigation, legal settlement or a job related accident.