Lizy Hoeffer

What is “FIRE” and does it actually work??

06. 03. 19

If you live like no one wants today, can you really have the freedom that most of us dream about tomorrow???⁣ ⁣ A lot of people are saying YES!⁣ ⁣ A new movement called FIRE 🔥(Financial Independence Retire Early) is really gaining momentum because of its promise of early retirement!⁣ ⁣ The foundation behind the FIRE approach is to keeping your expenditures as low as possible (this means very minimal personal spending), pay down all debt early, and save/invest every...

Are interest rates really historically low?

05. 20. 19

If you listen to the news when they talk about real estate you probably have heard phrases like “historically low”, “rates are expected to rise”, and words like “inflation” and “bottom”. It is hard to know when it’s the right time to purchase or refinance since the news is often conflicting depending on who you listen to you. When most banks advertise historically low pricing, they are using data up to 40 years old, and typically only talking about 30...

How to protect your money against inflation!

05. 15. 19

Have you ever head the term "mattress money"? It's a real thing! Sometimes this is money that people literally hide in their mattresses, under the floor board, or even behind sink! But in general, mattress money refers to keeping your cash savings hidden away at home, rather than in the bank. Now I'm not talking about having an emergency supply of cash on hand, but what I AM talking about is keeping a large sum of money, like a nest...