This is book one of the series “Mastering Money Management and Personal Finance: A Guide to Financial Freedom”. The books are unified behind the idea that happiness, success, and fulfilled dreams can only come to those that master money management and personal finance. Dr. Tom Carter is a world-renowned financial expert who has enjoyed success in many different areas. From his experience in the stock market, flipping houses, currency exchange, land, mercantile, and many others, Dr. Tom Carter has learned valuable lessons that can now be passed on to you. The author has first-hand experience in proper money management and personal finance. He also knows very well the common mistakes most of us make when we budget our finances and decide on our investments. Dr. Tom Carter wrote this series motivated by the belief that every American can achieve financial freedom and stability. Each one of us can accumulate enough wealth to retire comfortably and not have to worry about utility bills and mortgage payments. Dr. Carter firmly believes that this is a dream we can all make reality. Not through multi-level marketing Ponzi schemes and fairy tales told by “motivational speakers” and “life coaches”, but through education. Educating the public on the basics of personal finance, money management, cost-benefit analysis, and the fundamentals of investment can make all the difference.
The book provides a beginner’s guide to the personal finance side of the home-buying process. Many Americans do not think twice when it comes to buying a house. This can be extremely dangerous because, for many of us, buying a home is the single biggest investment in our lives. We are very picky when it comes to location, home size, and the quality of schools in the area. At the same time, however, we rarely consider how the mortgage payments would affect our budget and financial security. Even those of us who do make this consideration, very often make crucial mistakes when they evaluate the impact of home-ownership on their wealth.
Which is cheaper: renting or paying a mortgage? Will housing prices go up in the near future? How easy is it to qualify for a mortgage? What steps should I take towards building a good credit score? Should I invest in a home because it carries a low risk? Will owning a home make me happy? These are only some of the questions covered in the book.
Whether you are investing in real estate or buying your first home, you need to think about the costs and benefits the correct way. This book addresses ten essential questions to ask yourself when it comes to buying a house. These questions will help you properly estimate all of the costs associated with buying a home. They will help you on your path to financial freedom and stability. They will help you properly evaluate the risk of home-ownership. They will help you make a better, more informed decision.
This book is for you if:
1. You want to make sure you are making the right decision when buying a house
2. You want to learn if investing in real estate is right for you
3. You want to avoid debt
4. You want to have financial security
5. You want to manage your money in the best way possible
6. You want to maximize your wealth
7. You want to achieve financial freedom
8. You are concerned about big mortgage payments
9. You know the importance of passive income streams
10. You are very careful about your investments