After completing two home purchases and two refinances over the past 10 years, my husband and I are no stranger to the mortgage lending process. One of the biggest decisions we had to make during each transaction was the duration and terms of each loan. When it comes to taking on large sums of debt, you want to make sure you evaluate your options from all angles. The best option may not always be the most attractive one at face value.
Whenever I hear or read about budgeting, I always cringe a little bit inside. As someone with very little self-will, the act of budgeting always strikes me as a crash diet that will quickly fizzle out a few weeks in. Nothing sounds worse than agonizing over every transaction, wondering whether or not I exceeded my monthly spending limits across ten different categories.