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Why do people put money in a retirement account like a 401k or a IRA? Will retired job people get disability money without saving retirement?

A question by Moses :  Will SSA give people disability money after retirement (without having anything saved up in a 401k or IRA?  Update 2 Why not just spend all your job paycheck money, put back ($1,000 max) into your bank’s savings account, so you can live paycheck to…Continue readingWhy do people put money in a retirement account like a 401k or a IRA? Will retired job people get disability money without saving retirement?

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Is it cheaper to rent, or to own?

A question by Michael :  The ultimate question. When it comes to home living…Is it cheaper to rent or to mortgage and own?Real answers only.  Answers Provide a response using the comment section. After review we will update the answers. “It’s probably cheaper by the month to rent–because you…Continue readingIs it cheaper to rent, or to own?

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What are the monthly bills associated with home ownership vs. renting?

A question by Brian D:  We’re buying a house, and we’re trying to figure out exactly what new bills we need to factor in. We already pay: -Rent (=mortgage) -Electricity -Water And we know we’ll have to add: -House Insurance -Gas -Trash But what else are we missing? Just…Continue readingWhat are the monthly bills associated with home ownership vs. renting?

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Need advice on using a mortgage broker vs. going to the bank directly?

A question by Nlyz :   My friend told me that mortgage brokers are free to use, and that the bank pays them once a deal is reached. Is this true? Is it any more expensive to use a mortgage broker vs. going to the bank directly? My husband…Continue readingNeed advice on using a mortgage broker vs. going to the bank directly?

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If a property has been for sale for a very long time, would it be easy to low ball the seller?

A question by Anonymous : Basically, it is a piece of land that is nothing but 11 acres of forest. Nothing is built on it and you can only access it from one corner as the rest of the property is surrounded by a private road. The reason I…Continue readingIf a property has been for sale for a very long time, would it be easy to low ball the seller?

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Gas bill extremely high?

A question by :   Hello all So last month I submitted my gas reading wrong (long shift, very tired, wrong time to do it 😂) and I had a letter come through today letting me know my bill this month coming would be £2200, obviously an error I…Continue readingGas bill extremely high?