I'm looking forward to beginning a new chapter of my life journey
and sharing it's joys and adventures with those in my circle!
Living my dream......
Thursday, April 28, 2016
Monday, April 25, 2016
Thank you Grant Thompson of Cornell University!
Thank you, Grant L. Thompson, PhD Graduate Student at Cornell
University for the wonder gift Garden bag and your kind note.
What is this all about?
I’m currently participating in the Ecosystem Lawn Study; this study will find out the effects of grass clipping
management on soil quality from a small group of households from across my community.
The research gather will be used as a model, share with other communities in
achieving more sustainable urban centers. The research is on going from 2015,
2016 and 2017.
Grant has provide me information about surrounding community
that was built in the early 1940s and was developed on formerly agricultural
land. At the conclusion of the research
I will be provide with report of soil conditions in my yard and how to improve the
soil. This information is always useful
to a back yard gardener!
Thanks again Grant and
I will see you next fall!
Monday, April 11, 2016
Taking Advantage of Homeownships - www.Blackenterprise.com - April/May 2013 Edited by Latoya M. Smith@LATOYAReports
This post is not a reprint of the mention article, but I wanted to provide as much information as I could so that you can located the article to read for yourself. In this post I would like to provide a summary of the information I have found to be most helpful to me at this stage of my life.
The article was about Rufus and Jenny Triplett the smart moves they made that has set them on a good financial footing. Rufus took advantage of the VA loan to purchased a home has some problems with refinancing but they stuck it out until they found a bank that would help them. The couple also has a home base business and use the federal tax law and they were able to debut 28 percent of their mortgage payment, depreciation, property taxes, insurance, utilities and expenses for household maintenance, repairs, or improvements. ( See the irs.gov website for more information or take an income tax preparing course. To take a Income Tax Preparing training at HR Block is about $200 I believe it will give me a clear understanding of the Federal Income Tax Laws. Maybe I can find a course that is online this maybe easier in my not car situation. (LOL!) The couple has some problems along the way but were able to refinance and payoff their home loan and payoff credit card bill too. Now that's what I'm talking about!
"How they did it..."
1. Consider using your home to operate a business. They started their business in a spare bedroom not knowing if it the business would succeed or fail. As mention above it is possible to save over 28% on your over all mortgage.
2. Take advantage of homeownership programs. They were able to cut $200 off the mortgage though persistent research and by contacting a federal agency via www.Helpwithmybank.gov . Although the bank told us we were ineligible, we persisted and got their loan refinanced. Discount programs such as homestead exemptions are out there for homeowners, as are programs that specifically target minorities. Organizations such as NACA, or the Neighborhood Assistance Corporation of America, assist trouble homeowners.
3. Read your statements. Don't just get a bill and pay it. Take time to look through it. and don't be afraid to question anything out of the ordinary or you don't understand. If you stop miscellaneous charges or corporate fees on your statement, send a registered certified letter to your lender asking for an explanation. The couple was charged excessive and unnecessary service fees. It was just plain fraudulent. Being proactive and persistent saved them a lot of money.
Here are their 10 Wealth for Life Principles - This is what I really wanted to share as this is the key to the whole article!
1. I will live within my means.
2. I will maximize my income potential through education and training.
3. I will effectively manage my budget, credit, debt, and tax obligations.
4. I will save at least 10 percent of my income. ( From each check!)
5. I will use homeownership as a foundation for building wealth by starting a home business.
6. I will devise an investment plan for my retirement needs and children's education.
7. I will ensure that my entire family adheres to sensible money management principles.
8. I will support the creation and growth of minority-owned businesses.
9. I will guarantee my wealth is passed on to future generations through proper insurance and estate planning.
10. I will strengthen my community through philanthropy.
The article was about Rufus and Jenny Triplett the smart moves they made that has set them on a good financial footing. Rufus took advantage of the VA loan to purchased a home has some problems with refinancing but they stuck it out until they found a bank that would help them. The couple also has a home base business and use the federal tax law and they were able to debut 28 percent of their mortgage payment, depreciation, property taxes, insurance, utilities and expenses for household maintenance, repairs, or improvements. ( See the irs.gov website for more information or take an income tax preparing course. To take a Income Tax Preparing training at HR Block is about $200 I believe it will give me a clear understanding of the Federal Income Tax Laws. Maybe I can find a course that is online this maybe easier in my not car situation. (LOL!) The couple has some problems along the way but were able to refinance and payoff their home loan and payoff credit card bill too. Now that's what I'm talking about!
"How they did it..."
1. Consider using your home to operate a business. They started their business in a spare bedroom not knowing if it the business would succeed or fail. As mention above it is possible to save over 28% on your over all mortgage.
2. Take advantage of homeownership programs. They were able to cut $200 off the mortgage though persistent research and by contacting a federal agency via www.Helpwithmybank.gov . Although the bank told us we were ineligible, we persisted and got their loan refinanced. Discount programs such as homestead exemptions are out there for homeowners, as are programs that specifically target minorities. Organizations such as NACA, or the Neighborhood Assistance Corporation of America, assist trouble homeowners.
3. Read your statements. Don't just get a bill and pay it. Take time to look through it. and don't be afraid to question anything out of the ordinary or you don't understand. If you stop miscellaneous charges or corporate fees on your statement, send a registered certified letter to your lender asking for an explanation. The couple was charged excessive and unnecessary service fees. It was just plain fraudulent. Being proactive and persistent saved them a lot of money.
Here are their 10 Wealth for Life Principles - This is what I really wanted to share as this is the key to the whole article!
1. I will live within my means.
2. I will maximize my income potential through education and training.
3. I will effectively manage my budget, credit, debt, and tax obligations.
4. I will save at least 10 percent of my income. ( From each check!)
5. I will use homeownership as a foundation for building wealth by starting a home business.
6. I will devise an investment plan for my retirement needs and children's education.
7. I will ensure that my entire family adheres to sensible money management principles.
8. I will support the creation and growth of minority-owned businesses.
9. I will guarantee my wealth is passed on to future generations through proper insurance and estate planning.
10. I will strengthen my community through philanthropy.
Sunday, April 10, 2016
Looking For Just The Right Country Home.......
Above are photos of a country home currently for sale on Zillow.com
on an acre of land located down a dirt
road in Southern Maryland. It’s a
foreclosure that is in of needs some work.
When I first saw these pictures I knew that this was the type of home I
have been looking for, as I looked at these pictures I began to dream how I
would improve the home and land to make it my own.
I have put together a vision book of how I would like my country
home to be inside and outside; included in my vision book is information about where items can be purchase
either new or from a reuse/salvage stores.
While the deco and a garden is important there are some other items that
needs some thought such as crime rate in the area, home security, home loans,
grants to assist with home renovations. Also
deciding whether the area I wish to live will meet my needs, to make this
decision I will need to get a map of the area and then making several visits to
get the lay of the land. This will help
me to visualize where the stores, hospital, police and fire station, library,
schools, community college, churches are located.
All of that’s the easy part I feel, but what am having a
hard time is to prepare the old house for sale. Currently there are over 400
homes for sale and 11 rental homes. The
market for selling a home in my current area is not the best. I continue making repairs and small updates
as funds are available to do so. By God’s grace, I hope to be able to sell my current home in
the near future as I am ready for a new adventure in my life!
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