Should I Lease or Finance My Next Car?

Should I Lease or Finance My Next Car?

 What does it mean to lease a car? Leasing a car is similar to renting to own a home, the lessee doesn’t own the car and has no equity in it despite the monthly payments. As with renting to own a home, your car lease payment will remain the same for the duration of...
Ins And Outs Of Buying Your First Home!

Ins And Outs Of Buying Your First Home!

Buying Your First Home? If you’re planning on purchasing your first home in the near future, you may have already asked yourself this question. Do I want to buy a resale home or a brand new one? Whether it’s a resale or a new home, there are some things that you...
Inflation: The Silent Money Killer

Inflation: The Silent Money Killer

What is Inflation? I do like Investopedia’s definition of inflation: It is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average...
Buy Smart and Track Your Expenses

Buy Smart and Track Your Expenses

Tracking Your Expenses One of the reasons many consumers overspend is because they don’t track their expenses, so they are clueless about how much money they have except for perhaps soon after they get paid. If you use only cash or your debit card to make purchases,...
Good Debt Vs Bad Debt

Good Debt Vs Bad Debt

  What is Debt? Debt is anything that is borrowed by one party from another, but in this context the focus is on money borrowed. When someone borrows money, there’s usually an arrangement for the debtor (person who borrows the money) to repay the creditor (the...