Debt and Loans

In today's economy having debt is socially acceptable, but using our resources you can determine how to properly manage debt, and find ways to eliminate it, so you can build wealth for the future.

Beware of Leveraging Too Much Debt for Investments

Debt

Leveraging debt for investments is a strategy that gets popular during multiyear bull markets. And there’s no question — on the way up, borrowing to expand an investment portfolio can work wonders, but we should never forget that what goes up, must come down. When it comes to investing, leverage is a double-edged sword — […]

The One Thing You Need To Do Before Retiring

before retirement

You’ve put in the time at your business or on your job. You’ve amassed a large investment portfolio that should see you through your retirement years. And you even got your will and final arrangements set up on paper. But there’s one more thing to do before retiring…

How to Build a Strong Credit Profile

Credit Report

A strong credit profile isn’t a form of wealth, but it is definitely a tool that will help you get there. Though we mostly think of a strong credit profile as an advantage when it comes to borrowing money – lower interest rates, better terms, etc – it actually goes way beyond credit.

What Makes Debt Socially Acceptable?

Credit Cards

A lot of the time, the debate about debt revolves around whether debt is “good” or “bad” — or whether debt is just debt, and can’t be classified in positive or negative terms. What the debate really comes down to, though, is whether or not the debt is socially acceptable.

Why You Shouldn’t Prepay Your Mortgage

Monopoly House

To prepay or not prepay your mortgage?  That is the question. It’s up there with what’s the meaning of life, should I get married, or should I have children. There are a few reasons why you should be paying your mortgage off early.

Payday Loans VS. Loan Sharks

paulie_walnuts_6

The Huffington Post recently had an article about Payday lenders leaving Arizona. In their usual left leaning slant the article was cheering about these companies leaving the state and arguing how awful they were preying on people to take out loans.