One of the biggest contributing factors to the financial issues many face today is debt. People from all income brackets tend to have too much debt, so most of their income goes towards debt servicing instead of towards a higher quality lifestyle. Many six-figure…

Throughout your lifetime, you may face a variety of personal financial issues. Issues like debt, unemployment, illness, and other unexpected life events can affect you rather harshly. However, if you can set aside time to create a financial plan, usually there are…

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…

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…

“Go to school and work hard to get good grades so that when you graduate you’ll get a good job and be successful, and hence be able to take care of yourself and your family!” Were you told that when you were growing up? And did you believe that success was more or…

What Is An Asset? An asset is something that has monetary value. Put simply, an asset is anything that puts money in your pocket. Examples of assets are: money in the bank, stocks, bonds, and rental properties. What is Liability? A liability is a claim on your…