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1 min read
The 30 Year Time Frame
In my book - Borrow Smart Repay Smart I use the 30-year time frame for most examples. As as a liability advisor I knew most people would...
2 min read
TINA -vs- TARA
Investor s are really negative (blue line), but in being so frustrated by the stock market they have largely done nothing (black line),...
1 min read
Questions for Financial Advisors
We're working on a new podcast based on a simple format - we'll interview financial advisors to better understand their thoughts about...
1 min read
It's Not About the Nail (Rate)!
One of my favorite short videos of all time. I've always wanted to do a parody of this called: 'It's not about the rate'. In the...
1 min read
FOGG of WAR (aka Motivating Consumer Behavior)
Sharing an interesting model that could be applied to a client deciding to engage in a mortgage transaction. The idea, is essentially...
2 min read
Hard Landing or Soft Landing - What is a Rate Anyway?
We see everywhere the impact of higher interest rates, but we often don't fully consider what interest rate is relevant to return, and...
1 min read
New Financial Literacy Learning Journey
I created this for those that want to sharpen their financial literacy by organizing some of our best content in the order I think a loan...
2 min read
Returns Over Time (aka - 'stonks' go up)
This chart had a profound impact on me when I was first starting out as a young loan officer -as I began calling on financial advisors. ...
3 min read
Tale of Two Tellers - Part VI
We began with a simple example. You walk into a bank, you give money to one teller and you borrow money from the other teller. This is...
3 min read
Tale of Two Tellers - Part V
Do things change when you buy a house? It depends. While you wouldn't go to the teller for a mortgage, you are still ultimately...
2 min read
Tale of Two Tellers - Part IV
We agreed you aren't spending, and that decision creates options! The options are to save, or repay If we look at this simple decision to...
2 min read
Tale of Two Tellers - Part III
We have a decision to make - one you face every single day - whether you realize it or not. If you have more money than month, and you...
2 min read
The Tale of Two Tellers - Part II
Building on the last post - we shared that over a lifetime relationship of a client - their contributing $80,000 in (checking, savings,...
2 min read
The Tale of Two Tellers - Part I
We'll do a series of posts talking about a concept I created in 2007 to help consumers understand the real cost of their money - EPR...
1 min read
House or Home - Sentiment is Key
As we've shared the cycles of real estate are driven by real facts (eligibility) and (suitability) is now the right time to buy......
1 min read
Saving Early and Being Consistent => Wealth
There are many simple things that are easy to remember that can help you teach others about powerful financial concepts. We've shared...
2 min read
4 Phases of Real Estate Cycles
We move from phases where we are in a buyers market and move to a sellers market and back again. It depends on your location, property...
2 min read
Housing as a Luxury Good?
"When I started in this business, there was a broad consensus around making the American dream accessible to middle and lower income...
2 min read
Surprise - You Might Be Equity Rich!
Equity rich is defined as having over 50% equity in the value of your house. If you own a $400,000 house and you have over $200,000 of...
2 min read
Where's the Money for the 99%?
When you look to make an impact financially - you go where the money is. Willie Sutton was famously asked 'Why do you rob banks?' Then...
4 min read
Information Arbitrage - the Heart of Most Decisions
I haven't posted much here about why I write, and I haven't promoted the CLA™ course in the Blog, but I wanted to share a few thoughts...
3 min read
The Renter Savings Trap - Wait to Buy?
It can be really difficult for renters to save for a down payment. If saving up to buy a house is your plan it may have some...
2 min read
Returns Cycle - Real Estate On Top... What's next?
In Q3, 2019 and Q4, 2021 real estate was on top. It move around like all asset classes. Watch what happens - when real estate was on...
2 min read
When You Must Borrow, Borrow Smart
Consumers are using credit card debt to make up the difference between current earnings and the inflationary rise in spending on food,...
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