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A mortgage is a loan taken out for the purpose of buying a home.
A lot of people have the financial goal of eventually owning their own home, but a house costs hundreds-of-thousands of dollars and you likely don't have that kind of cash lying around. You'd have to work and save for decades to get that much money. Enter mortgages. In this episode of Money Moves, we review how a mortgage works, the different components of a mortgage and how they can be an extremely useful tool for buying a house and building wealth. Give it a watch!
A mortgage is a loan taken out for the purpose of buying a home.
A lot of people have the financial goal of eventually owning their own home, but a house costs hundreds-of-thousands of dollars and you likely don't have that kind of cash lying around. You'd have to work and save for decades to get that much money. Enter mortgages. In this episode of Money Moves, we review how a mortgage works, the different components of a mortgage and how they can be an extremely useful tool for buying a house and building wealth. Give it a watch!
Taxes, taxes, taxes. Your parents pay them, you might pay them but what do they actually pay for? Where do our tax dollars go? Marli dives in.
So you want to win the lottery? Who doesn't! Before you buy that ticket or enter that raffle, there are some things that you should know. Take a look!
Social Security. We hear about it often but do we actually know what it is? Marli reviews this and more in this episode of Money Moves.