Monthly Archives: February 2026
Would 50-Year Mortgage Loans Solve the Housing Affordability Crisis?
In times of financial stress among consumers, lenders tend to offer loans with longer repayment terms. These options are often attractive to borrowers, because the monthly payments are lower, whereas the payments on a loan with a shorter term of repayment would have been unaffordable. Meanwhile, the true beneficiary is the lenders. Longer terms… Read More »
Should You Buy a Used Car From a Dealership or From an Individual?
If you had unlimited funds, you could walk into a car dealership, pay the sticker price for a new car, and own it outright. That option is beyond most people’s means. Your choices are either to finance a used car or else to buy the clunkiest of clunkers from a friend of a friend,… Read More »
New Year’s Resolution: Break Free From Your Family’s Financial Control
Keeping New Year’s resolutions is notoriously difficult. Sometimes the problem is that the goals are too vague, such as eating healthier or controlling your temper. Sometimes they are so detailed as to be unrealistic, such as deciding that throughout the new year, your breakfast will be two eggs, one avocado, and one slice of… Read More »
Consumers’ Biggest Financial Regrets of 2025
You have been in debt for so long, and you know so many other people who are in the same boat, that by now you have accepted that your debt problems are not your fault; they are mostly due to factors beyond your fault. Anyone who blames you for being in debt when you… Read More »
