The Last Mile Is Where Success Is Made: Always Close The Loop
In 1997, Gary Winnick founded Global Crossing, a company with the bold vision of laying undersea fiber-optic cables to build a global IP-based telecommunications network. It was a massive infrastructure play, designed to form the core transport layer for the internet, connecting data centers and network hubs worldwide. But as visionary as the plan was, […]
High DTI Ratios Continue to Be the Leading Cause of Mortgage Denial
Last year marked yet another year where high debt-to-income income ratios were the leading cause of denial for mortgage applicants. While a low credit score can also be a significant factor, often it might just lead to a higher mortgage rate. That means you can still get approved for a home loan with marginal credit, […]
How I’m Working Just a Few Hours a Week This Summer (And Still Earning Full-Time Income)
This summer, I’m planning to work as little as possible – and I’m really looking forward to it. I’ve spent years building a business that gives me freedom. And one of the biggest reasons I started Making Sense of Cents was so that I could choose how I spend my time. I love blogging and… […]
Use Stock Market Downturns To Make Your Kids Millionaires
Nobody enjoys a stock market downturn, especially those who rely more on returns to survive due to a lack of active income. But as parents, we can use these sell-offs as an opportunity to help turn our kids into future millionaires. Although I’m a perennial optimist, I believe our kids are kind of screwed. The […]
16 Best Side Hustles for Retirees
Wondering what is the best side hustle for retirees? Retirement is a time to relax, yes, but that doesn’t mean you have to stop earning money. Many retirees look for side hustles to make extra income and stay active. Whether you want to make extra money to pay for extra expenses, save for travel, or… […]
The Income Limit To Qualify For College Scholarships And Grants
If you’re a personal finance enthusiast with kids, you’ve probably wondered: at what household income level will colleges stop offering scholarships and grants (i.e., free money) to help your child attend? What is that income cutoff? Given that the cost of college is already outrageous — and likely only getting worse — this is a […]
Here’s Why the Housing Market Isn’t Crashing Today
With home prices out of reach for many today, an obvious question has been when will the housing market crash? To be honest, this question gets asked pretty much every year, and it is a certain cohort of the population that always seems to want it to happen. I get it – homeownership should be […]