|
11th September 2009
Credit cards are convenient, but they’re also dangerous. A lot of people ruin their financial lives by turning the phrase “charge it” into a reflex. It’s a real problem, but this article explains how to make good use of credit cards and how to cho... Read >
10th September 2009
On the surface, 0% balance transfer credit cards are incredibly enticing, especially if you have outstanding credit card balances. But there are a few details you need to understand before taking the balance transfer credit card plunge.
Some consumer... Read >
Author: wbdoyle02nd September 2009
Many home buyers who are purchasing homes for the first time are unaware of the closing cost. Many have encountered problems after knowing that they have to pay a total amount of about $10,000 just to complete the transaction. The closing cost needs to be... Read >
Author: Roby Smith10th August 2009
On the surface, 0% balance transfer credit cards are incredibly enticing, especially if you have outstanding credit card balances. But there are a few details you need to understand before taking the balance transfer credit card plunge. Some consumers se... Read >
Author: dbp200529th July 2009
Commercial Hire Purchase (also known as Asset Purchase or “CHP”) is similar to leasing, except the customer claims the allowable depreciation on the equipment plus interest as a tax deduction, as opposed to claiming the actual lease payments, as with ... Read >
Author: Paul Jennings15th April 2009
I saw this boat down a Harvey's Marina and I want to buy it. We can get a five year loan at the bank and pay it off monthly. But, I do not want to wait ten years. Ok, let put emotion aside and look at some financial matters.
Wealth accumulation is a fanc... Read >
Author: Financial Technician09th April 2009
The Sponge Technique:
Squeeze the Balance Sheet to Improve Cash Flow
Everyone knows the value of a sponge: it absorbs water. Well, your company's balance sheet is just like a sponge, except that it soaks up cash, rather than water. This is not neces... Read >
Author: umacs13th March 2009
A negative amortization loan is any loan where the monthly payment does not cover the monthly interest expense. Interest-only or conventionally amortizing loans do not have this feature, and the monthly payments are based on the interest rate charged and/... Read >
Author: Robert Bell04th March 2009
This past week I received an email from one of my free weekly currency markets report subscribers asking me this question. I kind of shook my head and asked myself, "are you kidding me?" How can something cost too much that is going to make you far more m... Read >
Author: billaaa77723rd February 2009
In today’s post-mortgage meltdown environment, many prospective homebuyers in our local markets of Houston, Spring, Tomball, Conroe and The Woodlands are being denied approval by traditional lenders. Most sub-prime mortgage lenders have shuttered their... Read >
Author: HomeLoanSpecialist20th February 2009
In today’s post-mortgage meltdown environment, many prospective homebuyers in our local markets of Houston, Spring, Tomball, Conroe and The Woodlands are being denied approval by traditional lenders. Most sub-prime mortgage lenders have shuttered their... Read >
Author: HomeLoanSpecialist30th December 2008
As Americans, we've heard astronomical numbers in recent years required to pay for unusual events that were not considered when our government first puts its budget together:
$32 billion immediately following the September 11, 2001 attacks
Up to $20... Read >
Author: Michael Letcher03rd December 2008
Many investors when they are considering the purchase of an investment property fail to ensure that the structure of any investment loan that they enter is correct, particularly for tax purposes. Borrowers simply approach their existing lender and ask for... Read >
Author: Raymond Gray03rd December 2008
Many investors when they are considering the purchase of an investment property fail to ensure that the structure of any investment loan that they enter is correct, particularly for tax purposes. Borrowers simply approach their existing lender and ask for... Read >
Author: Raymond Gray30th November 2008
Credit cards have become an indispensable part of modern living. The decision to get credit cards necessarily implies taking on some debt, so it pays to do a credit card comparison exercise to ensure that you get the one that best matches the lifestyle yo... Read >
Author: Click4credit19th February 2008
With the recent downturn in the economy, it's more important than ever for businesses to make smart money choices. Businesses that prospered during previous recessions always had two things in common: they were flexible and they were alert to new opportun... Read >
Author: RJ Grimshaw20th January 2008
We all know continued layoffs, closings, downsizing and mergers have resulted in home based businesses being grown at a phenomenal rate. However, did you know that home businesses can be great tax shelters?
Home based business people are very often fo... Read >
Author: Susan Hutson11th September 2007
Debt financing has never been popular with small business owners. I can understand why it is being avoided as if it is a disease. It can become a financial burden with the high interest rate that is pegged to unsecured credit facilities. However do not di... Read >
Author: Joyce TM Leong22nd August 2007
Mark Kuta’s book "Think Like a CEO", takes things from their first principles. He looks assets as what you HAVE, liabilities as what is OWED, and Equity as what you OWN. Then he progresses to what he calls the “fast five”. These are the: 1. asset ... Read >
Author: Howard Giske13th August 2007
If you carry an outstanding balance on your credit card, you're not alone. Nearly 70% of Americans keep a balance on one of their credit cards from month to month. And many of these cards have sky-high rates, which add up to hefty amounts in interest expe... Read >
24th July 2007
I Am My Daddy’s Tax Deduction
I know my daddy loves me but he seems much happier with me during income tax time. A whole year of taking care of me yields some sort of tax windfall as long as my daddy’s adjusted gross income is not too high ... Read >
Author: Ron Piner, CPA16th June 2007
While home equity loans have been popular in recent years the question is, are they right for you and your situation? The answer really depends on how you plan on using the money.
A home equity loan is a type of loan in which the borrower uses the equi... Read >
Author: Terry Edwards26th March 2007
Accounting is the process of analyzing, classifying, recording, summarizing, and interpreting business transactions in financial or monetary terms. In order to summarize the results of a business activity, each financial transaction must be recorded in a ... Read >
Author: Bhaskar Thakkar28th February 2007
Living in a big city means that when it comes time to downsize your home, you will have a lot of options open to you. Toronto is no exception to this rule, and there are a number of downsizing options that you can consider when you are ready to move to a ... Read >
Author: Rob Parker06th February 2007
Years ago, I was a limited partner at Bear Stearns and Company in New York City. Once a year, we would have a partner�s meeting, and I would attend as a matter of course. Now keep in mind that we were a trading firm, also a brokerage firm. Back then we ... Read >
Author: Richard Stoyeck31st January 2007
While some lines of an income statement depend on estimates or forecasts, the interest expense line is a basic equation. When accounting for income tax expense, however, a business can use different accounting methods for some of its expenses than it uses... Read >
Author: John Ugoshowa07th January 2007
Credit card debt is a fact of life for millions of Americans. Once you have credit card debt racked up, it can be difficult to get rid of. Balance transfer credit cards provide a solution to this problem. By understanding how they work, you can use balanc... Read >
21st May 2006
On the surface, 0% balance transfer credit cards are incredibly enticing, especially if you have outstanding credit card balances. But there are a few details you need to understand before taking the balance transfer credit card plunge.
Some consumer... Read >
Author: Robert Alan
|
