even though I was building my net worth, I always had cash flow problems and credit problems because of it. Joe showed me that this wasn't the most optimal way to invest and taught me how to start creating chunks of cash flow on a regular basis... without bank loans or down payments...
Rising tax revenue, along with recent loans from the IMF and China have served to cover budget shortfalls for now, but with the state continuing to grow and the environment becoming more difficult for the private sector, barring a significant rise in oil prices these are not sustainable solutio...
While I don’t keep a running tally, I’d be willing to bet that for most Americans, it winds up being at least a monthly occurrence, and far more often for others (for the young party animals, they have to pull it out at every club they go to on Friday and Saturday night). “...
Loans were most often in the form of goods rather than money, such as borrowing wheat grains for planting. Or, an Israelite could sell himself or a family member into a 7 year servitude to pay off their debt to the lender. At least 90% of old Israel’s economy was agricultural and ...
The presence of a massive “shadow” inventory.The backlog of existing homes for sale dropping from more than 10 months to its current 7.4 months is merely a move from horrible to really bad. During the last recession it didn’t get longer than five months. Moreover, there is growing con...
I recently failed for the first time and have one try left. We started with 48 people were down to 12 of our original class and they still have two semesters left. It hurts so bad because I’ve never been so lost or undecisive in my life..I’ve cried and cried, have been broken...
The over $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act signed by President Donald Trump in March established the Paycheck Protection Program (PPP) with $349 billion in funding for forgivable loans. After the initial capital ran out in just 13 days, lawmakers approved $...
Mortgage interest rates are on the rise as of early 2018, and experts predict they might hit 5 percent by year's end. If you're considering a home equity line of credit, or HELOC, now is probably a good time to get it. "I'm a big fan of home equity loans when used responsibly,...
Additionally, homeowners benefit when it comes to their credit scores as well. Making regular mortgage payments is viewed favorably by lenders and creditors which can lead to better credit ratings and higher chances of approval for other loans or lines of credit. Another financial benefit of becomin...
Looking back today, I hope no one has to go through this again. “This is a sorry day in our history,”as Roosevelt said, “a day of infamy.” Only those who were there can really understand how dreadful, how horrible it all was. I think the wound I got from the ships or from ...