Driving home one night I heard a commercial on the radio for a company that offers accounts receivable funding. It is designed for small businesses who have cash flow issues and want to collect their money instantly. This intrigued me since I am a small business owner. The ad went on to say you should […]
The Dangers Of Accounts Receivable Loans
January 8th, 2009 · No Comments
Tags: Money
Why Department Store Credit Cards Are So Profitable
January 6th, 2009 · No Comments
OK, I’ll admit it. I am amazed at all of the perks the Kohl’s charge card throws at you. If you spend $600+ per year you are in the MVP Program. Periodically throughout the year Kohl’s has sales that reward you with $10 coupons for every $50 you spend. Finally, it seems like every […]
Tags: Credit Cards · Money
Taking Sallie Mae Out To The Curb
January 5th, 2009 · No Comments
If you are in your twenties or thirties and you have a college degree you likely have some college debt. If you are like most people, you just accept this debt as part of life and the ten or twenty years that accompany paying off the debt. Imagine the immediate raise you’d get (that’s what […]
Tags: Money
Credit Scores Are A Joke
January 1st, 2009 · 4 Comments
With the economy in turmoil I decided to capitalize on plummeting interest rates. My wife and I refinanced a few days ago and thus we will have our house paid off at age 52 (at the latest, possibly earlier). Our lender was a traditional brick and mortar bank with very conservative lending requirements. As a […]
Tags: Banking · Credit Cards · Money · mortgages
A Paid-Off Mortage In Your Thirties
September 3rd, 2008 · 1 Comment
I was intrigued to learn that my college roommate Chris and another friend Marta both paid off their mortgage in their thirties. This is quite an accomplishment. First, they both defied the idiotic, asinine conventional wisdom that you want a mortgage for the tax deduction. I won’t even respond to that misguided anti-logic. Second, they […]
Tags: mortgages