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Entries Tagged as 'Money'

Formal Education And Money Skills

January 9th, 2009 · 1 Comment

I had a discussion with a mortgage loan officer recently and she shared with me a fascinating piece of trivia.  I asked her who had the worst money skills of the loans she gives.  Her unwaivered answer was lawyers and college professors.  First, let me say that I have friends and family with PhD’s and […]

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Tags: Money

The Dangers Of Accounts Receivable Loans

January 8th, 2009 · No Comments

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 […]

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Tags: Money

The Ridiculous Concept Of Dealer Invoice Price

January 7th, 2009 · No Comments

How many of you have a friend or relative who claims to have a bought a new car right at the dealer’s invoice or very close to it?  Well, let me tell you.  First of all, almost no one should ever buy a new car but that will be covered in another post.  Second, I […]

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Tags: Cars · 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 […]

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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 […]

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Tags: Money