A red flag, in simple terms, is something that makes your credit report look ugly. For lenders, this might be something that warns them about the borrower’s ability to make payments. There are many different red flags out there, but we can categorize them into two significant types: Red flags that fall under the Red Flag Rule set up by the FTC in … [Read more...] about Spotting Red Flags on Credit Reports
Financing
Why You Should Use a Regulated Online Broker
Photo by Austin Distel on Unsplash Profitable investing requires the use of online brokers that are aligned with your investment goals. Brokers are the individuals or companies who provide platforms to do buying, selling and trading online. Different brokers are active now because the trend of online trading is catching attention day by day. Only the big investors used to … [Read more...] about Why You Should Use a Regulated Online Broker
Money-Saving Tips for the Seasonal Business Owner
Owning a business is one thing. Owning a business that operates seasonally is another. Managing the finances of a company that remains closed, inactive, or unpopulated for parts of the year can be like navigating a minefield. As a seasonal business owner, you have to make sure that your busy season is booming. It's the only way you can carry your expenses for the rest of the … [Read more...] about Money-Saving Tips for the Seasonal Business Owner
The Importance of Learning Financial Education in School
In past ages, actual money (cash) was utilized for most day by day purchases; today, the use of cash has dramatically diminished. Nowadays, the craze is all about online shopping. People are scarcely doing physical shopping. Online shopping has greatly facilitated the use of credit cards (plastic money). However, while this might be convenient, it also has a huge … [Read more...] about The Importance of Learning Financial Education in School
Credit Repair Companies – Getting Good Advice for Bad Credit
Why Good Credit Matters Life is great when you have good credit. When your credit is unsatisfactory, everything becomes complicated. Whether you intend to rent a house, purchase a car or, even buy a simple little mobile, a bad credit score can affect your life in various ways. Creditworthiness matters. There are no two ways about it. When faced with a bad credit … [Read more...] about Credit Repair Companies – Getting Good Advice for Bad Credit
Start-up Costs and Marketing a Nightclub Business
How to Start a Nightclub Business | 1 | 2 | 3 | Next Start-up Costs of a Nightclub Business A nightclub is a pricey undertaking with a high failure rate. You have to pay the lease, the DJs, security, door people, promoters, waiters, bartenders, and yes, even attraction magnets such as celebrities and hot chicks. Even paying for alcohol license is not cheap: getting … [Read more...] about Start-up Costs and Marketing a Nightclub Business
Guide to Boat Loans in 2020
Photo by Maxi am Brunnen on Unsplash Loans can help lots of different people in lots of different situations. Someone could have just lost their job, for example, and need a bit of money to help them get by until they acquire another source of income. People might need to pay off a big medical bill and need some help getting them started, and I know of people who have wanted … [Read more...] about Guide to Boat Loans in 2020
Over Your Head: Ways to Get Out of Debt
Photo by Sharon McCutcheon on Unsplash More than half the working population lives life paycheck to paycheck. This type of lifestyle causes stress and can destroy your credit in a matter of months. If you're in over your head it's time to take steps to reverse the situation. The good news is that you can turn your life around. Listed below are a few effective ways to get … [Read more...] about Over Your Head: Ways to Get Out of Debt
7 Golden Rules of Smart Financial Planning for Beginners in 2020
“If you fail to plan, you plan to fail.” With this quote in mind, I recently decided to start building a financial plan to secure my future. After a simple Google search, I came to a realization - so many people talked about various rules of financial planning, but no one talked about the importance of having a direction in our plan. Financial planning is a framework … [Read more...] about 7 Golden Rules of Smart Financial Planning for Beginners in 2020
Here’s Why You Need an Emergency Fund
To many Americans, the idea of setting aside a few bucks each pay period for a rainy day seems difficult and unnecessary. It would seem that putting that extra $50 or $100 every two weeks towards a bill or using it to buy something you enjoy would be best. Not to mention, you barely have enough to cover your monthly expenses as it is, and taking even a few extra bucks each … [Read more...] about Here’s Why You Need an Emergency Fund
