Finance Archive
Owner financing is a less traditional approach in a home purchase. A buyer who does not have a good credit score, doesn’t have enough money for the purchase, or doesn’t qualify for a mortgage may consider this as an option. Also called as seller financing, the seller gives a specific amount of loan or credit
It is known that divorce is emotionally distressing. But its financial implications must also be taken into consideration. Researchers find that divorcing individuals would need more than 30% increase in income to maintain the same standard of living they had before divorce. Men and women are equally affected by the financial ramifications of divorce which
While the older generations’ obligations often ask them to take care of their children, there comes a time where the young have to look over the old. Retirement is difficult, and many countries don’t often prioritize the security of the elderly, and that’s not a positive thing. So when the mantle finally passes, when the
Although it might seem like it, debt is not really the root of all your problems. From struggling with credit card bills to making minimum payments on loans, the bills just never seem to stop piling up. Indeed, owing money brings about awful feelings of inadequacy and helplessness. But the truth behind all that is
Being a student is not easy especially if you don’t come from a wealthy family. Aside from the tuition fees, there are lots of other items that you need to pay for. You have to pay for your projects, daily expenses, and even allot some money for relaxation and entertainment. Thus, with the limited amount
With the advent of online shopping, everything can be done online these days. This is why a lot of business people have succeeded. They moved on from traditional selling to online business. Selling items online means that you have bigger audience and a potential purchase at any point in time. Though this sounds really easy,
It is a brand new year filled with new resolutions and goals. Despite the many plans you might have, one of the most important goals you would need to make would be regarding your finances, especially if you had incurred a bit of debt during the past year. Had a rough time last year with
It is the dream of every person to purchase their first home. As being able to purchase your own house reflects a sense of financial stability, one has to have enough savings put aside. As you will be using hard-earned money, it is important to remember certain things before purchasing any house. That way you
In this, and in any new year, it is always wise to start thinking about how to invest and move your money around. However, the market is still a bit flimsy when it comes to smart investments so learning a thing or two about which opportunities are the best is even wiser. If you’re interested
Happy 2015 everybody! After the parties are over, and the holidays wind down, the work routine starts to take over quite quickly. At the same time, it can be hard to keep track of your New Year’s resolutions. There, however, a few important aspects of your life which you might want to change for the