One of the topics I hear from day to day is that most people’s intentions are to invest in property as a replacement to retirement annuities although the majority of the time this never materialises. The money that was to be used for property usually ends up enhancing ones social life to the detriment of ensuring a satisfactory retirement plan.
Permalink Comments off
One of the popular ways to save money on mortgages is to use what is known as the biweekly mortgage payment plan. With the biweekly mortgage payment plan, the borrower makes payments on his mortgage every two weeks, instead of once a month. The biweekly payment is one-half of the monthly payment. So, if you converted from a monthly plan to the biweekly plan and you had been paying $2,000 a month for your principal and interest, you would now be paying $1,000 every two weeks.
Permalink Comments off
