Good news since my first article on buying the cabin. Everything is a go. The appraisal came back favorable on my primary residence, and there will be plenty of cash at closing to buy the cabin outright. The official closing is later this week, but I wanted to give an update of what has transpired…
Debt generally falls into one of two major categories; secured and unsecured. Understanding the difference between the two can be very useful when it comes to budgeting and prioritizing payoffs. It’s also important to know the difference between secured vs. unsecured debt when it comes to protecting certain assets. Secured Debt Simply put, any loan…
An entrepreneur is known to take up multiple risks by just making choice to start business. You might have done all your promising homework and have a promising business model right in front of you. You are likely secured financing through small business loans or by just using your credit cards. These options might seem…
We all have influences and we all want to make sure we get the best financial advice. Other people often shape who we become, what we believe, and how we act. So, who influences me from a financial standpoint? I have had several influences. I’ll share a few of them with you. Family Influences Can…
Whether you’re facing financial strain or are just looking to cut back on costs, finding ways to trim your expenses can be a very beneficial, but tricky, experience. Oftentimes, we lose track of our spending and find ourselves asking: “where did all my money go?” It’s important to stay abreast of your spending habits and…