The use of credit makes a business move faster. Confusing credit and debt will cause that same business to tumble into troubles and recovery might never be possible. Entrepreneurs that understand the fundamentals of credit can make the most of credit cards without allowing those credit cards to drive the business. Credit Basics Credit is the use of someone else’s money when you have the availability to pay. The shop owner may offer you credit if you have left your wallet at home and he knows you will return to make the payment. Debt is the use of someone else’s …Find out more
debt and credit
A Change is Coming
February 24, 2009
debt and credit
The last several years there has been a resurgence of money consciousness. The need to be debt free has started to override the lessons that everything must be gotten now and at all costs. Young families, new families, singles and empty-nesters are all joining the revolution to become debt free. …Find out more
Debt – How to Dig Your Way to Freedom
January 21, 2009
debt and credit
For anyone out there who has ever forgotten a payment or found themselves with more debt than their income could pay, you know how aggressive some of these creditors can be. When we found ourselves in deep debt, the calls got rude and insulting. We were blessed to be able …Find out more
One Simple Step to Pay Off Your Mortgage
January 14, 2009
debt and credit
Society has designed the system so that you will be in debt for most of your life – all of it if you plan right. The mortgage industry has developed loans that will allow people to borrow more – which have pushed up the price of houses, requiring people to …Find out more
Confession of Credit Card Misuse
January 8, 2009
Budget Tips
This is my confession. Rebate offers and cash back plans finally won me over and we got a credit card. For a long time, we paid it off every single month, without question. Having the credit card was a blessing (easier to keep up with spending AND the cash back …Find out more