Archive for October, 2008
Largest Monthly Home Sale Percentage Increase in 5 Years Reported
Breaking Real Estate News
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Nebraska Loophole to Drop Off Your Teen
Troubled Teen?
OK…couldn’t resist passing this along ..Only in Nebraska ? A July Nebraska Safe Haven law designed to encourage troubled mothers to relinquish their newborns has instead spawned a rash of abandoned teenagers.
Nebraska legislature is now considering an age limit to the law as to date there have been 19 “dropped off” teens and no newborns. 2 of those teenagers were from other states.
Resist the urge to move to Nebraska for the wrong reasons.
What is the Plan?
What is the Plan?
The Wall Street Journal reported thursday that the Bush administration is weighing a roughly $40 billion proposal to forestall foreclosures, one of a series of ideas being considered
The suggestion is for the government to give banks a financial incentive to turn troubled loans into more affordable mortgages. Under the proposal, the government would share in any potential future losses the banks might incur.
The treasury department is also moving ahead with separate plans to use part of it’s $700 billion rescue fund to directly buy and re-negotiate mortgages.
Stay tuned….as they say …film clip at 11 
Richest Man in Babylon
In the book “The Richest Man in Babylon” George Clason gives us the “Seven Cures of a Lean Purse.”
1. 10% of all I earn is mine to keep.
2. I will learn to live comfortably on 90% of my income.
3. Put my money to work earning more money, and that money to work in
turn.
4. Guard my money from loss. Know about what I do. (Knowledge)
5. Own my house.
6. Provide in advance for my old age and the needs of my family.
7. Cultivate my own powers. Become wiser and more skilled.
I just re-read “The Richest Man in Babylon” by George Clason …. do yourself a favor and
pick up a copy.
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