Keeping your business afloat can be tricky at the best of times, but as debts climb and your cash flow dwindles, then your business could end up insolvent. While this is by no means necessarily the end for your company, bankruptcy could eventually lead to liquidation and the winding-up of your business. Fortunately, insolvency practitioners are on hand to help guide you through the process and find the best solution for you and your … [Read more...]
5 Ways How Experts Monetize Knowledge
What does it mean to monetize knowledge and what are the ways experts earn money from their experience? There are many ways to do this if you know how. And learning how is easier than ever with the advent of so many publications offering to help you do just that. A word of advice; monetizing your knowledge should be done with care. It is illegal to make unsubstantiated health claims, dispense legal advice without the proper state credentials, … [Read more...]
Hierarchy of Savings – What Should Come First?
It can be difficult to establish a hierarchy of savings. What should come first when you are paying yourself? Three basic areas represent parts of your life that need financial attention; your retirement fund, your money set aside for emergencies, and debt repayment. The last one doesn’t sound like you are paying yourself--at first. But debt management is an important part of establishing financial freedom. Emergency Fund: A Savings Account You … [Read more...]
Why The Coronavirus Could Help You Refinance Your Mortgage
The coronavirus outbreak that has grabbed world headlines could also be partly responsible for you getting a better mortgage loan interest rate if you refinance an existing mortgage or even choose to buy a new home. What on EARTH are we talking about with a headline like this? It’s simple. The coronavirus and its’ related quarantines in Wuhan in the Hubei province in central China, Italy, Japan, and elsewhere may not DIRECTLY affect … [Read more...]
Why Is It So Expensive To Live In A Major City?
Why is it so expensive to live in a major city? There are many variables; escalating rents, excessive licensing and permitting for small businesses, ever-escalating property taxes, and much more. What follows is NOT journalism. It is OPINION. And that’s a bit of transparency badly needed in today’s 24-hour news cycle reporting. But these are opinions made by observing conditions in a single major city for well over a 10-year period. I’m … [Read more...]