MattHutter.com

I had a discussion with a mortgage loan officer recently and she shared with me a fascinating piece of trivia.  I asked her who had the worst money skills of the loans she gives.  Her unwaivered answer was lawyers and college professors.  First, let me say that I have friends and family with PhD’s and [...]

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With the economy in turmoil I decided to capitalize on plummeting interest rates.  My wife and I refinanced a few days ago and thus we will have our house paid off at age 52 (at the latest, possibly earlier).  Our lender was a traditional brick and mortar bank with very conservative lending requirements.  As a [...]

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I was intrigued to learn that my college roommate Chris and another friend Marta both paid off their mortgage in their thirties.  This is quite an accomplishment.  First, they both defied the idiotic, asinine conventional wisdom that you want a mortgage for the tax deduction.  I won’t even respond to that misguided anti-logic.  Second, they [...]

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Below is a list of financial offers that are a complete scam. They either give the lender or retailer a massive initial profit or extract your money slowly and stealthily over time. Some of these are more complex than others, but hopefully reading my article on these money scams will prevent you from partaking in [...]

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Does your employer give a year-end bonus? Many employers do and it’s usually based on departmental or companywide goals being met. Also, some companies are nice enough to time this bonus right around the holidays when consumer spending is highest. The next dilemma is what to do with this unexexpected source of cash? Do you [...]

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