I was just thinking about how long I’ve lived in my current home. Seven years. It’s gone by pretty fast. And as our lives have improved, my husband and I both advancing in our careers and getting higher paying jobs, we have stayed put in our “starter home”. And we have bought a few rentals [...]
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I thought this video did a great job of explaining in lay terms what exactly happened to the housing bubble and subsequent credit crisis. The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo. As requested, I thought I would talk a little about what I mean by liabilities and assets especially when it comes to consumer items and other daily purchases. These are key concepts in the Fruitfulista philosophy, so I hope to explain them clearly. When I refer to liabilities and assets, it may be different from [...] |
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