The general consensus around money is, don't spend what you don't have. It is the basic rule of life, right? To not use or waste what you cannot replace or that which does not belong to you? That makes sense in some ways, but the financial world is so complex that you shouldn't rely on blanket terms or phrases. In the world of making money the saying usually goes: You … [Read more...] about Buying Yourself Out of a Financial Hole
It's true that everyone has a right to live where they want to live. You're allowed to live anywhere you desire. However, where you live may affect your finances. It can either help you flourish or hinder your advancement. Before you move to a new area, you should consider the following elements that may change your financial status: Cost-of-Living Differences The … [Read more...] about How Your Finances Are Affected By Where You Live
If you have a family, it’s really important for you to have other sources of income. Your day job may already be great, but children sometimes have demands–legitimate or otherwise–that can potentially break your family’s money structure. If you have extra cash now, a good move will be to invest it in something. While saving it in the bank can give you interest, the interest … [Read more...] about Have Extra Cash? Here’s Why You Should Invest in Commercial Property
Have you seen The Money Pit starring Shelley Long and Tom Hanks? The story behind the movie is Walter Fielding and Anna Crowley have to start looking for a new house- but there's not much they can afford! This soon changes when they meet a lonely old con artist who sells them a beautiful mansion at a ridiculously low price. Only there's a catch. The second they move into the … [Read more...] about What’s Your Experience? An Investment for the Future or a Money Pit?
It is a rare person who can find exactly what they want in a home. There is usually a compromise to be made: a little further out of town for a bigger garden, a kitchen that will need replacing for a master suite that has everything or a decent sized building with all the rooms in the wrong places. This is what we go through when we buy. Though renovating is not always the … [Read more...] about How to Get Exactly What You Want From a Home