November 16, 2018
How to Get Out of Debt Strategies for the Small Business Owner

How to Get Out of Debt – Strategies for the Small Business Owner

In our series: Debt and the Business Owner we have come to the “HOW”… the how to get out of debt. But where do you start? We’ll explain a few different methods so you can find YOUR answer, as you will need to pick based on your specific situation. By the end of this article, you should have a pretty good idea of which debt reduction strategy is right for you.
November 14, 2018
Personal and Business Debts That Affect a Small Business Owner

Personal and Business Debts That Affect Small Business Owners

For most business owners, their first priority is typically their business, which you can most likely relate. However, if you truly want to run your business at full capacity you MUST get your personal and professional debt under control! To accomplish that feat efficiently, you need to understand how personal and business debts affect you and your business.
January 10, 2018
new home

Do Extra Mortgage Payments Really Help?

When it comes to paying your mortgage everyone knows you can save money on the interest by shelling out a little more and applying it to the principal. That means additional principal payments benefit you later on, right? You may also view one dollar today as the same dollar tomorrow. However, that’s not technically true. It depends on how much and why you spend it. If that seems a little confusing, let me break it down a bit more for you.  That way you’ll know how much you really are or are not saving.
October 27, 2017
debt

Mortgage Debt: Pay It Off or Invest? Which Should I Do?

The thought of being debt free sounds like a dream come true for most of us. Many folks are wrapped up in credit card debt, car payments, mortgage payments, etc. However, there’s one debt freeing yourself from could do more harm than good, from a mathematical standpoint. That is your mortgage debt. Honestly, it’s often not a good idea to pay it off or even pay extra on it before age 50
October 9, 2017
credit card myths

Credit Card Myths – A Certified Financial Planner’s Perspective

If you are like most Americans, you probably have three to four credit cards you can pull out of your wallet at any time. Credit has become a way of life. The convenience is like no other, and with the ever-increasing threat of identity theft, the fraud protection they offer is typically unbeatable. The reward programs aren’t too shabby either.
September 5, 2017

What is Your Net Worth?

If I asked you what your net worth is, would you know? Many would not. According to a study by the National Longitudinal Survey, 70% of Americans believe they are worth more than they actually are. Only 20% are worth more than they think. The number is a little scary and shows many are not exactly sure how to calculate their actual net worth.