I am an appliance salesperson's worst nightmare.  I will relentlessly haggle the price on a refrigerator, washer, dryer, or other appliance until I get the price I want. 

This is not very hard to do. Salespeople at appliance stores tend to give in on the price of appliances because they expect to make money on the additional service warranty.  If you want to see a really upset salesperson, refuse the warranty after getting an excellent price on the appliance!

If you die, will the bank be willing to do business with your spouse?  Will he or she have to move?  Will the bank foreclose on your home?  These are things you need to consider when purchasing a new home. 

The fact of the matter is, you should consider purchasing life insurance to protect your mortgage.  Here's why...

Your neighbor across the street has taken down their For Sale sign and avoided foreclosure because the bank has re-aged their loan after they lived mortgage-free for 5 months.

Your next door neighbor tells you that the bank is lowering their interest rate because they could not make the payment on their adjustable rate loan.

Meanwhile, you have struggled to make your house payment each and every month, and now can't help but feel jilted by your bank.

What recourse do the people who are paying their home loans on time have?...

Is saving money part of your New Year's resolution? Do you want to get your personal finances back on track this year?

I've listed 10 ways to take better care of your finances so that by the start of next year, you'll be in a better financial position.

Although there are several added expenses involved in purchasing a home, some of these expenses are tax deductible on your return. Expenses such as Mortgage Interest and Private Mortgage Insurance help reduce your taxable income on your return.

We'll discuss these different types of expenses and how to take advantage of it.

One of the most important financial decisions you will make is choosing a home mortgage.

Two main questions should be apparent when thinking of buying a home:

• How much should my mortgage be relative to my overall income?


• What type of mortgage is right for me?

The first question is by far the more important of the two. Ironically, the average person spends more time choosing between mortgage options and lenders than they do considering the proper amount they can afford.

Almost everyone who owns a home carries homeowners insurance. But when was the last time you picked up your policy and read the fine print? How well do you know your coverages and their limits?

Did you know that your standard homeowners policy does not cover the average replacement cost of a diamond engagement ring? It doesn't even come close!

Over the next few minutes we'll examine how your homeowners coverage works and we'll offer a few money saving tips as well.