With interest rate hiked up from below 3% to 7% in 2024, is it cheaper to buy a house or rent a house? The answer lies in a few factors, and some factors are not quantifiable such as the feeling of owning your own home or the feeling of settling down. But, there are some
In this article, I will share how interest rate impacts your mortgage payment with a couple of examples. Annual Int Rate House Price Down Payment Total payment to the bank Interest Payment Principle Payment 7% $500,000 $100,000 $958,036 $558,036 $400,000.00 3% $500,000 $100,000 $607,110 $207,110 $400,000.00 So, basically everything else being equal, the only difference
Getting a good night sleep is not just about the strategies a hour or a couple of hours right before our sleep, it is more about how do we position ourselves throughout the day so that we can sleep better at night. To me, a good night sleep starts at the time we get up
Naval Ravikant in his book The Almanack of Naval Ravikant said: “Enlightenment is the space between your thoughts. It can be achieved every single day from moment to moment.” For example, when you do your daily walk, most likely you would focus on planning the rest of the day or thinking about the past, and
What are the 401k contribution limit for 2024? The following provides a basic information regards to 401k contribution allowed amount for 2024, which was stated in Fideility.com. We are still at the beginning of 2024. If you would like to plan out your 2024 tax strategy, it is still a good time to do. “The
Shane Parrish in The Tim Ferriss Show said that he wants his kids to be challenged at schools. It is not about grades. We as parents, often are so wrapped up that their grades become our grade, and their success become our success. We should produce independent individuals who can handle the ups and downs
Why Should we care? An HSA is like a superhero savings account, but for your health. It’s a special account where you can stash away money to cover medical expenses, and the best part? You get to do it with a few extra perks with great tax benefit! What to do next? Because of HSA’s