brenda, we looked at 2x a month a while back because we got it all mixed up in my head with every 2 weeks -- every 2 weeks ends up saving you asstons of money in the long run because you're essentially making two extra payments a year. 2x a month turned out on more careful calculations to make a difference of, like, 3 bucks. On the other hand, if it fits your pay schedule more comfortably and your bank allows it without any penalty, I can't think of anything against it. We ended up sticking with 1/month just because most of our income comes monthly, so without the big extra payoff time, it wasn't worth it.
Do be careful about the very first month's costs, if you do it -- our bank takes payments on the 2x/month plan
before
the "real" due date, which would've meant a full payment on the first of the month and the first half-payment two weeks later. It comes out to the same amount in the end, but that first month would've been eeen-teresting.
I would accept your assistance, particularly if you were wearing the sensibly fuzzy hat!
A bit of a wait to load, but awesome time lapse of a San Francisco day. [link]
Thanks for the vote of confidence, Laura.
That time-lapse is beautiful!
Hey, lisah! When you come around, who is your dentist? (Maybe I'll get lucky and they are on my plan. I hate throwing darts at a wall to find a damned provider.)
Yeah, paying 2x a month doesn't save you much, but it can stabilize your cash on hand by synchronizing income and expenses a bit, which I like. I'm actually on the every two weeks payment plan because that is how DH gets paid, and it makes financial sense in a highly theoretical years down the road sense, but it's mostly comforting for me to not have to feel like a whole paycheck is immediately spent on the mortgage every month. My bank has the policy that the payments have to be a month ahead before they will start taking the automatic payments, which it took me a while to figure out - the wording on the web site is that payments have to be current, but they mean a month ahead - and that was a lot of money to pay out initially.
You think it was a generation/gender thing? Or was it my hat?
It is quite a hat, to be honest.
A bit of a wait to load, but awesome time lapse of a San Francisco day.
We're a magical city that floats in the clouds and then turns into constellations of light.
All you teachers need to do what my parents did: make your kids grade papers for you! Of course, this only worked because for mom, she was teaching first or second grade when I was in my teens. With dad, it gets a little more iffy because I was grading college students starting in my very early teens. However, just his 101 classes and I knew most of it by osmosis. (Still can't believe he let me!)
All the catfood I have that I can't feed my cats any longer is coming in handy in feeding my neighbor's cat. (Miss Louise, or more properly, her granddaughter who is staying with her/living there/I don't know, has a cat.) Their budget is really tight and she wasn't able to get more food tonight. So I gave away some more that was tucked into the back of the cabinet. I'd meant to drop it at a shelter, but this is as good a cause as any.
