Archive for July 2019

Frugality can only take you so far on the road to financial independence. That’s because there’s a limit to how much you can save. We all need a place to live, food to eat, Netflix to watch. It’s right there on Maslow’s Hierarchy of Needs. Strip your budget down to the bare bones and you’re…

In a normal interest rate environment, fixed rate mortgage tend to be more expensive than variable rate mortgages. Borrowers pay a premium for predictability – knowing exactly what their interest rate and mortgage payment will be for a five-year period. For that reason, a common strategy for saving money on your mortgage has been to…