Showing posts from October, 2022

How to Stop Living Paycheck to Paycheck?

  By Greg McKinney Mineola Texas Living paycheck by paycheck can be a difficult and stressful way to live. It can be hard to get ahead financially when you're only just getting by each month.   When you're barely making ends meet, it's tough to put any extra money away for savings as well. This can make it difficult to reach your financial goals, like buying a home or retiring comfortably.   It makes you more vulnerable to unforeseen events, like a job loss or medical emergency.   And the worst part is that it can be tough to break the cycle of living paycheck to paycheck, even if you're earning a decent income.   But with proper financial planning and some discipline, it is possible to stop living paycheck by paycheck and get on the path to financial security.   Let's find out more about how to stop living paycheck to paycheck. What Does It Mean to Live Paycheck by Paycheck? Living paycheck by paycheck means that your monthly income just covers your

The Dos and Don’ts of Applying for Mortgage Financing

  By: Greg McKinney Mineola Texas Getting approved for a mortgage takes more than applying for the loan. There’s a process that all borrowers must go through to determine if they’re eligible. Lenders must determine you can afford the loan beyond a reasonable doubt, which means you must prove all of your qualifying factors.  It may feel overwhelming at first but understanding the mortgage process and what you should and shouldn’t do can help you get through the process easier.  The Do’s of Applying for Mortgage Financing   Here are all the things you should do if you want to buy a home. Following these tips will help you get to the closing table without too many issues faster.  1.     Do Check your Credit Before Applying for a Mortgage   You don’t need perfect credit to get a mortgage, but the higher your credit score, the better your loan terms and rates.  Get access to your free credit reports here and see if there’s anything you must fix. For example, if you missed payme