Financing Your Home Business

So, you have a great idea for a business and, more importantly, the know-how to bring it into creation. The only thing you’re missing is the cold hard cash to get started. What are your options? Assuming you don’t have a ready line of credit, an expansive bank manager, wealthy relatives or a substantial stash … Read more

Know Thy Finances

The first step to financial success lies in knowing your financial situation at any given time. There is an anecdote attributed to John D. Rockefeller–that as a child he was given a monthly allowance from his parents, but upon the stipulation that he had to save 10% of it, give away 10% to charity, and … Read more

Personal Financial Planning: How To Find The Right Estate Planner For You

Five must-ask questions (NC)-Beware of estate planners charging little or nothing to draft your estate plan. They are likely earning a commission on the investment products they recommend – which could compromise the objectivity of their advice. And note that competent estate planners should offer a holistic approach to estate planning. That is, an objective … Read more

RRSP Investing Mistakes To Avoid

(NC)-So, you’re ready to step up contributions to your Registered Retirement Savings Plan (RRSP). You are eager for the tax and compounding growth benefits. You think you are on your way to a blissful, carefree retirement, right? Maybe. But if you don’t take the time to learn about this type of investment, you can make … Read more

Masterminding Your Way To Greater Success

Napoleon Hill coined the concept of the mastermind alliance in his classic book Think and Grow Rich. He believed that a group of like-minded, achievement-oriented individuals could dramatically leverage each other’s success. The old adages still hold true today, “the sum of the whole is greater than its parts” and “two heads are better than … Read more

Money Saving Tips

Seemingly insignificant items can add up to major savings for your business. Consider the following and watch your bottom line improve: Negotiate everything including services. You can frequently purchase at a discount by merely asking. Always request a discount if you pay cash or intend to pay within 5-10 days. Comparison shop for all your … Read more

Reducing Debt Before It’s Too Late … How To Avoid The Pitfalls Of Creeping Debt

Reducing debt usually isn’t a high priority for people until they have already gotten into trouble with overspending. Using a few basic guidelines, and debt calculations can help you see when your debt load is getting into the danger zone. Budgeting Guidelines First off, creditors use budgeting guidelines when reviewing and approving credit. If your … Read more