Starting a business can be a positive way to improve your income and move toward financial independence. However, starting a business isn’t always as simple as you might like, especially when it comes to accepting payments. At first, a small business might not need to worry about what types of payments it accepts. However, over… Continue Reading
Category Archives: Debt
Should You Pay Off Your Mortgage Early?
The biggest loan you are likely to get in your life is your home mortgage. Even though the interest rate on your mortgage is likely to be quite low, the sheer size of the loan, coupled with how long you make payments on it, can mean that you pay hundreds of thousands of dollars in… Continue Reading
Teaching Kids About Credit
“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” – Will Rogers A few weeks ago I asked my Facebook friends what they wished they’d been taught about money as kids. The vast majority of responses had to do with wishing they had a… Continue Reading
How to Get the Best Value from Air Miles Rewards
In my last post on Air Miles, I went through a detailed analysis that showed every Air Mile I collect is worth 10 to 12 cents if I want to exchange it for merchandise like gift cards, coffee machines, cameras or audio equipment. If I use the Air Miles for flights, I increase the value… Continue Reading
Are Air Miles Rewards a Good Deal?
I’ve been collecting Air Miles rewards for many years now. To be honest, it’s not because I have done a bunch of research and determined it to be the best reward program. It’s simply out of complacency. I have not felt the need to make a change and have not had time to do the… Continue Reading
Fixed Rate Home Loans vs. Variable Rate Home Loans
Many of us like the idea of buying a home. However, once the process is underway, you have a lot of choices to make. One of the major decisions that you are required to make is whether you want to get a fixed rate loan or a variable rate loan. There are pros and cons… Continue Reading
How to Choose the Right Credit Card for You
Your credit card can be a great financial tool. Credit cards provide you with convenience, and can even be a source of free money and rewards. When you are smart about your credit card use, there are a number benefits that you can enjoy. However, there are many different credit cards available so you’ll need… Continue Reading
Is 0% financing for a car really a good deal?
Anyone who has bought a new car in the past 10 years has probably had an option for really low interest or even 0% financing. With interest rates at historical lows, 0% financing is popping up as an interesting option again. That being said, it is really no interest? Is it really a good deal?… Continue Reading