finance

finance
Financial Management

Using Vacation Pay For Trips or Investing

I was hearing two sides of a debate today where some people were going to go on a two week vacation since during this time a lot of people do so. Of course, people that work a full time job get vacation pay as well. At the same time, I was hearing how some people

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Financial Management

Actually Saving Your Money After Good Purchases

I saw something interesting the other day where there was a person who was a very frugal shopper and the type of deals she gets are pretty incredible. Example, she does coupon stacking to the moon it seems where she could easily walk out of a store with a basket full of items for a

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Business and Finance Books

Profits Aren’t Everything They Are The Only Thing – Chapter 7

There was a lot technical material in this chapter I think. It was called “Live And Die By The Plan.” The main formula that Cloutier was emphasizing was how you should always have a “profits first” plan. I’ll try to briefly explain it. From what I gather, he emphasizes how when it comes to planning

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Business

Inheriting Debt Which Technically Means A Profit

So here was a scenario that is kind of interesting based on a real life situation. Let’s say there is a building that costs one million dollars. The two owners decided to part ways. The situation, one person was very attached to the building and wanted to buy the other half of it from his

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Financial Management

Is Food One of The Biggest Unnecessary Expense?

Bet that title resulted in some heads turning. Recently I was asked to look at a person’s financial statements for the month. Basically, at the end of the month he had about $500 of spending money left based on an approximate $2500/month in income. Here was the interesting thing with this I thought. All the

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Financial Management

Rewarding Yourself To The Point of Starting Over

I was talking to a person who was in the midst of a financial management makeover where he was attempting to cut a lot of bad habits that has been causing him to be in constant debt. For the most part it sounded like he was doing all the right stuff such as trying to

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