Monthly Archives: September 2023

Liquidity refers to how quickly and easily you can access your money without losing its value. While your home holds substantial value, converting that value into cash isn’t as simple as withdrawing from a bank account. That’s where Borrow Smart … Continue reading →

When it comes to navigating the world of personal finance, understanding some of the jargon can feel like decoding a foreign language. One common term that often causes confusion is “rate of return.” But fear not because I’m here to … Continue reading →

True or False: How well I manage my cash flow over time determines my financial future. Imagine your cash flow as the heartbeat of your financial health. Just like a steady heartbeat keeps you going, managing your money inflow and … Continue reading →

True or False: The interest rate is the main factor determining the cost of my mortgage. While the interest rate is a crucial factor, it’s important to understand that the overall cost of your mortgage involves more than just the … Continue reading →

True or false: A 15-year mortgage saves me more money than a 30-year mortgage. 🤔 The answer might not be as straightforward as you think. Potential and current homeowners should consider various liability options, including mortgage terms and down payments. … Continue reading →

True or false: A large down payment will save me more than a small one? 🤔 The answer isn’t always straightforward; while a substantial down payment can lower your monthly mortgage payments, it’s essential to consider your overall financial strategy. … Continue reading →