Reader Stories: I bought a duplex to save money on rent + MORE

Kelly writes in:
What would you do if you won the lottery?
Since I don’t play the lottery, I’ll answer this question under the assumption that instead I’m just receiving a very big inheritance from my unknown Uncle Rockefeller and Aunt Vanderbilt.
The first step I’d take is to make absolutely sure all taxes on that income were paid…

For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here’s why.
Today I’m posting Proverbs 21:17, a verse that talks about the impacts of over-indulging. From the NIV:Whoever loves pleasure will become poor; whoever loves wine and olive oil will never be rich…

This story is from Karl Boericke. He is the author of The Frugal Berry, money-saving tips of all kinds for home, office, and small business. In 1990, I was honorably discharged from the Navy and quickly found a job in an electronics manufacturing company as a technician in their test department. While renting an apartment at the time, I wondered how I would ever be able to afford to buy a house with my meager salary…

Got a home loan through Fannie Mae or Freddie Mac? Behind on payments? The U.S. government has a deal for you.Sounds like a TV scam, but this summer the Federal Housing Finance Agency really will relax mortgage mod requirements for delinquent homeowners. Owners 90 days or more behind won’t have to prove hardship to be eligible for a loan modification anymore…