FRIED MASHED POTATO BITES-Perfect for Your Housewarming Party

FRIED MASHED POTATO BITES

Ingredients:

For the mashed potatoes:

  • 2 lb. potatoes, peeled and quartered
  • 1 tbsp. salt
  • ½ c. milk
  • 4 tsp. butter
  • 3 cloves garlic, crushed
  • 3 oz. Cheddar cheese, shredded

For the breading:

  • 2 eggs
  • 1½ c. panko bread crumbs
  • Oil for frying

Instructions:

  1. In a large saucepan, add potatoes and salt, and cover with water. Bring to a boil over medium-high heat, and cook potatoes until tender. Remove from heat, and drain water.
  2. In a separate saucepan over medium heat, combine milk, butter, and garlic, and cook until simmering. Remove from heat.
  3. Using an electric beater or potato masher, slowly blend the potatoes with the garlic-cream mixture until the potatoes are mashed and smooth. Fold in Cheddar cheese, and stir to combine. Refrigerate mashed potatoes for 1 hour to cool.
  4. Prep your work station for frying: Lightly beat the eggs in a bowl, and spread bread crumbs on a plate. In a shallow frying pan, heat oil to 375°F.
  5. Using a spoon, form the cooled mashed potatoes into 1-inch balls. Dip each ball into the eggs, and then roll onto bread crumbs until completely covered. Fry the potato balls (a few at a time) for 2-3 minutes, flipping halfway through so that the crust turns golden brown on both sides. Serve warm.

– See more at: http://americanlifestylemag.com/sharable/choosingsides6805/#sthash.Ajlgv0tF.dpuf

How to Approach Homeownership Based on Age

January 2, 2015

How to Approach Homeownership Based on Age

homeownership

Homeownership is a crucial component of building wealth, as seen in recent research, but it means different things for different age groups.

For example, seniors who are in the best financial situation to handle expenses after retirement are homeowners who have no remaining mortgage—they have the value of their home as a cushion in their household wealth, and they spend less on housing than seniors who rent.

Although owning a home can benefit consumers of all ages, specific homeownership strategies should differ based on your stage of life.

Here’s a summary of guidelines for approaching homeownership applied to today’s biggest generations.

Millennials

Understand the advantages of owning a home. Save for your down payment. Work on your credit score. See what you can afford to buy. Seek the advice of a local REALTOR® to advise on local demand and supply to ensure you can get a home that fits your needs at an appropriate market price. Time is on your side.

Forecasts for the economy and housing are positive, but even if there are down years in the future, your investment should outpace inflation and help you build wealth—in addition to enjoying your own home while avoiding ever-escalating rents.

To benefit most from the compounding gains of homeownership, it is best to start sooner rather than later, assuming you can afford to buy today and qualify for a mortgage.

Gen X-ers

Ensure you have a game plan to pay off your mortgage by the time you intend to retire. If you refinance to lock in lower rates, make sure you get a shorter term than 30 years.

If you were a victim of the foreclosure crisis, work on your game plan for re-entering the property ladder. You also still have time to reap the longer-term benefits—plus you are approaching your peak earning years such that shorter-term mortgages like a 15-year or 20-year loan would work. Shorter-term mortgages would enable you to retire while owning your home free and clear.

Boomers

Think about your plans for retirement and if that aligns with the remaining term on any mortgages you hold. You may also be considering retirement homes and second homes. Buying sooner rather than later will help you lock in today’s lower prices and mortgage rates while enabling you to enjoy your dream home sooner.

Plus, those young millennials you raised, taught, coached and now manage may want to buy your existing home: It’s a great time to sell.

 Jonathan Smoke is realtor.com®’s chief economist.