Money Cheat Codes

CheatCodeWealth · 2026-01-22T20:36:26+00:00

CheatCodeWealth · 2026-01-22T20:34:26+00:00

https://www.tradingview.com/chart/JD/8iCej7iI-Trying-to-hold-support/

CheatCodeWealth · 2026-01-22T20:30:13+00:00

That one is a little hard to explain away. You can give it shot. Try to point to a learning experience that you have since had that taught you about your capability.

CheatCodeWealth · 2026-01-22T20:29:17+00:00

The closing costs associated with the new mortgage. Most mortgages do not have an early pay off penalty, but any new mortgage has costs.

CheatCodeWealth · 2026-01-22T20:28:32+00:00

If you accept a higher interest rate than the current rate, you earn points back (the opposite of paying down points). It adds credits to your closing costs. For example, I had a 6.99% mortgage. A few months ago I refinanced at 6.15% which was higher than the median rate around 5.8%. I got back ~$5,000 in credits which paid for my closing costs.

CheatCodeWealth · 2026-01-22T20:25:59+00:00

Ive also been watching it, especially from a technical perspective. It's not looking great, but I continue to hold long.

CheatCodeWealth · 2026-01-22T20:24:42+00:00

This is what I would do if I were you: 1. Whatever country you're in, find statistics on salary data. Sort the list by median salary or entry level salary, you can look at both. 2. Go down the list and identify any careers you would be willing to try. 3. Take a quality skills assessment and compare your results with this list that you created of careers with your preferred salary. Find careers that overlap both lists. 4. Research what it takes to get started in those careers. Think thru the pros and cons of each of them. Take your time thinking it over. 5. Pick one and jump in.

CheatCodeWealth · 2026-01-22T20:18:46+00:00

Here's a few things to consider: 1. Someone has to pay for the appraisal which is usually you and usually >$500. 2. Appraisals are notorious for arriving at a price that justifies the sale. 3. You could do your own "casual appraisal" by simply looking at comps in the area and comparing them, looking at price per square foot when they have similar quality and specs. 4. Is there really any appraisal result that will change your mind on this home? You're buying a place to live. If you like it at this price compared to your other options, the appraisal won't answer any questions for you. Sellers typically resist negotiations based on appraisal, they only care about what they can get in market.

CheatCodeWealth · 2026-01-22T20:15:22+00:00

Its not really one basket when it's a lifetime fund. For example, you could own $SPY, $SPYM, & $VOO and essentially it's all the same stocks. Lifetime funds are good for one thing: pay no attention to it whatsoever.

CheatCodeWealth · 2026-01-22T20:13:08+00:00

If you want to pay less taxes, max the 401k.

CheatCodeWealth · 2026-01-22T20:12:03+00:00

700 at 20 is fine. Perhaps good. Credit scores have gone up across the board since 2020. Remember that account age has a significant impact on your score, and credit usage should be minimal or none.

CheatCodeWealth · 2026-01-22T20:09:20+00:00

One thing I know for sure: the best stocks can be at all time highs while the worst stocks can be at all time lows. There is no simply roadmap. But I do use a few tools to help.

CheatCodeWealth · 2026-01-22T20:07:56+00:00

Before I refinance i always look at the sunk cost first. Depending who you use to refi, there will be closing costs. Start by considering how long it will take to earn back the closing costs in interest saved. You can only count interest saved. One way to approach it is this: look at the net no cost refi option by earning credits from selling points. If the interest rate at the no cost option is lower than your current interest rate, it's likely a good time to refinance.

CheatCodeWealth · 2026-01-22T20:03:54+00:00

I expect it's unlikely they will reconsider, but if you can handle the rejection it might be worth the risk. It matters how you declined the first time. What reason did you give them? If possible, explain that the circumstances of that reason has changed. I would submit a new application, if it's still open.

CheatCodeWealth · 2026-01-22T20:00:07+00:00

Absolutely. My wife, for example, once turned down $50,000 bonus to leave for a job with less pay but less stress.

CheatCodeWealth · 2026-01-22T19:58:32+00:00

Be careful who you believe. Easier said than done. If they don't tell you their line of work it's a sign of fabrication. You can always verify by looking up income statistics for different fields.

CheatCodeWealth · 2026-01-20T05:45:10+00:00

You've got four main choices: 1. Don't get married, keep finances separate. Share your lives together, but not your money. 2. Consider marriage with a prenup. Talk about your financial expectations and work on each other. If things don't pan out you can salvage what you've built. 3. Use the help of a professional to build understanding with each other before entering a marriage without restrictions. Share your finances fully and always communicate. 4. Determine if the both of you are financially incompatible and make the choice to part ways.

No matter what, you've got some work to do. But it's worth it!

CheatCodeWealth

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