If you have a mortgage, it’s almost certainly the biggest debt you carry. That being the case, it makes sense to examine that debt and look for ways to reduce the cost. Smart Pilgrim. The thing is, even if you find a lower-cost loan, a refinance is not always a slam dunk. There are costs […]
How To Diversify Your Income And Reduce Risk
Income diversity is important. If you don’t diversify your income, it could lead to financial devastation. I know this from personal experience. In 2008 when the market crashed, not only did my clients get hurt, but as a business person, my income went way down while my expenses stayed the same. Painful and frightening. Thankfully, […]
Why You Must Check Your Credit Record before Applying for Credit
Many of us don’t think about checking our credit records until after we’ve applied for credit — and possibly been denied. I understand that process of course – but it can be costly. If you go that route you may not get the best credit terms – or you might even get rejected. Of course […]
How Your Debt And Credit Score Can Both Be Useful
You might think that debt is a bad thing – and if it gets out of hand, it certainly can be a problem. But if you are in debt you can actually turn this lemon into a nice refreshing glass of lemonade. That’s right. If you play your cards right (explained below) you can harness […]
Facebook Identity Theft – How to Protect Yourself
Identity theft is a big problem of course. What makes it worse of course is that the social media giants are often selling information about you and allowing unscrupulous vendors more access than the mega media titans understand. That being the case, the focus has got to be on you – what information you provide […]
5 Tips for Beginning Investors
When you first start out as an investor, it is easy to become overwhelmed. You might be thinking about retiring rich, but you have to start somewhere. Whether you are opening a tax-advantaged retirement account, or whether you are looking to invest savings, investing can be intimidating. However, there are some things that can help […]