Installment Loans and Payday Loans: What’s the Difference?

When your personal expenditures exceed your income, the quickest solution is to borrow the money. Fortunately, there are short-term lending options that make getting several hundred dollars in your bank account quick and easy. Two of the most commonly used short-term options are payday loans and installment loans. On the surface, the two options may seem identical, however, there are some differences you should be made aware of to make the most informed decision on which loan type is best for you.   Payday Loans Payday loans are short-term loans for small amounts of cash. The … [Read More...]

Why Not to Waste Your Money on a Timeshare

Despite popular belief, timeshare is not a financial investment. Buying a timeshare is like buying a new car. The second it is purchased from a resort developer, it decreases in value by 50 – 90%. The average price of a timeshare is about $9,000, so that means the moment you sign on the dotted line you’ve basically just thrown away thousands and thousands of dollars. Before we get ahead of ourselves though, let us explain what a timeshare is. There are many different types of timeshares, but in general they are a type of vacation ownership in which you own a piece of a unit within a resort. … [Read More...]

The Top 4 Ways to Consolidate Debt

Debt is an inescapable part of life for many Americans. A shocking 80 percent of the population holds some form of debt. If you are falling behind on payments or feeling overwhelmed, there are a variety of debt relief options. Debt consolidation is one of many ways to deal with debt. Debt consolidation is the process of combining multiple bills into one monthly payment. There are four main strategies: balance transfers, personal loans, home equity loans, and debt management plans. The type of strategy you use will largely depend on your credit score and whether you want to do it yourself or … [Read More...]

Does Your Bumper Sticker Put You at Risk of Being Pulled Over?

We’ve all heard the myth (yes, it is a myth) that drivers of red cars are issued speeding tickets more often than other cars. We’ve been told that tickets riddled with mistakes are null and void, again untrue. But here’s something that’ll make you do a spit take—your choice of bumper sticker is cause enough to get you pulled over. What-the-what now? When I got my first car, my parents warned me against plastering my bumper with bumper stickers. According to them, having a unique bumper sticker (or several) would make it easier for people up to no good to recognize my car, whether it was … [Read More...]

Financial Leadership: 4 Tips for Business Owners

Being the leader of a business is not an easy job by any means and having an executive leadership masters is becoming a must if you wish to assume a similar leadership position in the future. Running a company, especially the financial aspects, is a constant challenge, irrespective of how successful the company is at the moment. In order to help the new entrepreneur or the financial head of a business, the following four simple but effective tips have been collected from some of the most prominent corporate leaders around today. The Number Game Nothing is more important than numbers when it … [Read More...]

How to Efficiently Run Your New Business

Running your new business may not mean that you take charge right away. Ideally in your contract of sale there’ll be a hand over period in which you’ll be trained in the day-to-day operations of your purchase. Use any of these periods wisely as a time to critically assess the workplace as it currently is. For example, you may take the time to see how existing staff do their job and get them to explain their workplace processes. In some instances, formal standard operating procedures will vary to what is actually performed when completing a certain task, so identifying any gaps in this process … [Read More...]

3 Things You Need to Know Before Taking a Payday Loan

As inflation continues to rise across the UK, the disposable income levels of British citizens have come under sharp focus. The most recent studies have been carried out by the Resolution Foundation, who have revealed that only the top 1% of households in the UK have fully recovered from the financial crisis. As citizens continue to struggle with real wage stagnation and the rising cost of living, there may be a growing temptation to seek out unsecured, short-term loans. While this can provide relief, however, it is important to consider the following before taking out a payday loan. … [Read More...]

Getting Your Masters in Accounting on a Tight Budget

Would you like to get your masters in accounting degree but feel like your budget just won’t allow you to?  If so, you are not alone.  Many undergraduates have a hard time financially.  Luckily, there is a way to go back to school for your masters even if you are on a tight budget.  Today, we are going to learn some tips that will help you get started. Choose an Online School We all know that graduate school can be very expensive.  But this doesn’t have to always be the case.  There are some online accounting masters degree programs that offer affordable learning from the comfort of your own … [Read More...]

Saving For College: Are You Making These Mistakes?

As the cost of higher education along with the household debt continue to skyrocket in Canada, parents are scrambling to set aside money for their kids’ education.  Besides, there are a number of mistakes many parents are guilty of making, which further impedes the process of coming up with the necessary amount of money. These mistakes are either slowing down the rate at which they save or are increasing the expected college contribution causing them to part ways with much more funds than is necessary.  Here are 5 of the most common mistakes that parents make when saving for their kids’ … [Read More...]

Financial Tips For Preparing For Big Future Purchases

You truly never know what lies right around the corner. The future is completely unpredictable and you could easily find yourself in a precarious situation before you know it. In many cases, people find themselves in a bad situation, because they’re required to spend money they simply do not have. Perhaps the expenses are associated with medical treatment? Alternatively, there may a possibility that you need to replace or repair your automobile. Whatever the situation may be, it is pertinent to prepare in advance for those big future purchases. Tips for doing just that will be provided … [Read More...]

How Far Back Can I Claim My PPI? A Question On The Minds Of Many

At present there is the ongoing scandal of insurance mis-selling (this has been going on in the UK for a number of years and there are cases of miss sold PPI dating back more than 20 years), this is a financial scandal that has been raging for more than a decade with a number of different ppi claims companies' handling claims for customers (in some cases claimants have hired their own independent solicitors or even pursued a PPI claim themselves). When it comes to payment protection insurance claims (PPI claims for short) some examples of important questions on peoples minds at the moment … [Read More...]

Financial Literacy The Key to Excellent Financial Health

A recent study revealed that two-thirds of Americans are financially illiterate. Financial literacy revolves around being informed about money and building a solid capacity to be in charge of finances in each area of your life. Insufficient knowledge about money is the main reason why most people make wrong money decisions. Normally, it's also the cause of bad financial habits that are detrimental to a healthy financial health. Financial knowledge helps you not only live within your means but also plan for the future. With a rapidly evolving economy, it’s your responsibility to learn … [Read More...]