I got a cold over Thanksgiving and all I seem to be able to do is sleep. I clicked around for a bit and found the following interesting posts, though.
A New Way To Pay Off Your House I find this idea intriguing. In essence, what you’re doing is depositing all of your income into an account with the people who hold your mortgage, then using your home equity line of credit to make purchases. Let’s say you make $5,000 a month, for example, and your home mortgage would normally be $1,500 a month. Instead of making that payment, each month all $5,000 goes against your mortgage, then you extend the mortgage by writing checks and making cash withdrawals to pay your bills. Thus, anything you don’t spend or deposit elsewhere goes against your mortgage. It definitely could help someone pay off their mortgage quicker, but it seems pretty uncomfortable to have your money being managed in this way. (@ free money finance)
One Less Car Company To Consider I think Lazy Man is missing part of the point of the Lexus Christmas ads. Part of what Lexus sells is image, and those ads are pure image. They tie ownership of a Lexus to a level of affluence that most Americans will not be able to attain. Thus, they see a Lexus and think “Wow, that person has money,” which is part of the Lexus-owning experience. It’s not all about the car here. (@ lazy man)