October 18, 2022 Joseph Hernandez

Everyone could use some financial advice but it can be tough to figure out which tips are worth following among all the many opinions circulating. Not all of the advice you get is good advice. In fact, some financial advice can actually do more harm than good.  Here are three such pieces of personal finance advice that you should take with a grain of salt. Don’t Use Credit Cards  Yes, credit cards could lead you into debt but only if you misuse them. There are many advantages to using credit cards responsibly. For example, you can build your credit score…

October 15, 2022 Joseph Hernandez

Many different funding options are available if you’re a business owner looking to raise capital. There are government programs, crowdfunding websites, and bank lines of credit, just to name a few. However, these can be time-consuming and complex. In addition, some funding sources only provide small amounts, making them a poor choice for your business. Furthermore, choosing the wrong funding option can create a feud between you and your lender and waste valuable resources. Angel Investors One route to take if you need money for your company is to approach angel investors. These wealthy individuals invest in early-stage companies in…

July 29, 2022 Joseph Hernandez

Whether you have just reached adulthood and officially entered the workforce or you have just been working hard your whole life without paying too much attention to your finances, everyone has to start somewhere. Unfortunately, the world of finance can be a really confusing one and if you don’t know what you’re doing it can be easy to make mistakes which can end up being costly. If you need some guidance as you start out on your financial journey, here are 3 finance tips for beginners! Learn The Lingo There are so many different terms having to do with finances…

July 22, 2022 Joseph Hernandez

A mortgage note is a promissory note, secured by a secured loan mortgage. It is a legal document and must be maintained as such after closing on a mortgage. Here is a brief introduction to the contents of a mortgage note. Also, learn how to find a copy of your mortgage note and how to store it safely after closing. The mortgage note also contains important information, which is why you should keep a copy for your records. Keeping a copy of a mortgage note safe after closing on a mortgage Your mortgage note is an important legal document and contract….

July 22, 2022 Joseph Hernandez

Selling a house in cash has its benefits and its drawbacks. While a traditional real estate transaction requires the assistance of a mortgage lender, selling a house in cash eliminates this role. Instead, the buyer must be fully prepared to pay the purchase price before putting their offer forward. This way, selling your house for cash results in fewer contingencies, reduced risk of a buyer pulling out, and less competition among buyers. Faster sale You can expect a much faster process when selling your home to a cash buyer. Most buyers can close on your property in seven to 14 days or…

May 11, 2022 Joseph Hernandez

According to the US State Department, an estimated 10 million Americans live in countries across the world. Approximately 40% of residents live in North American nations, such as Canada and Mexico, and the rest live in countries further away, such as Great Britain, Germany, Australia, and Israel. If you want to follow in the footsteps of millions of Americans, you must protect your cash flowat your new destination. Here are six financial considerations to make before moving overseas. 1. A Realistic Relocation Budget Moving overseas is the opposite of cheap. In addition to funding flights and accommodation, you may need…

April 18, 2022 Joseph Hernandez

The operational costs of running a business can be pretty high, and shipping is one of the biggest line items for many companies. With customers demanding ever-faster delivery times, it can be hard to keep shipping costs down. However, there are some things you can do to cut your shipping expenses. Here are 4 ways. Hire an Unloading Service Unloading your shipments can be a time-consuming and costly process, especially if you don’t have enough staff on hand to do it quickly. Plus when it’s done poorly, broken or damaged products can end up costing you even more. So, hiring…

April 18, 2022 Joseph Hernandez

Whether you are a young adult just entering into one complicated world of personal finance or you are trying to learn more about it all a little later in life, it can get overwhelming. Especially if you don’t make a lot of money and do not have a huge amount of savings built up, personal finance can be difficult to grasp. There is a lot involved and what works for one person may not always work for another. This is why it’s called personal finance – because it is personal to you, and only you will be able to make…

March 24, 2022 Joseph Hernandez

Properly managing the financial aspects of your life can really do a lot to open doors for you as you age.  The problem is that not everyone prioritizes money management concepts when they are young.  Not everyone has the right tools to manage the issue. If you’ve found yourself well into adulthood with bad credit and no money in your savings account, it’s time for a few adjustments.  Open doors for yourself by cleaning up your credit report, and teach yourself some newer, healthier money management habits along the way.  You need a real bank account If you’re over the…

November 26, 2021 Joseph Hernandez

Car insurance is a legal requirement in most states. Automobile insurance varies hugely in price according to the insurer’s assessment of numerous variable factors. Here is a quick guide to getting the best car insurance deal. Buy A Sensible Car The first and foremost factor to consider when trying to get a good car insurance deal is the car itself. The more powerful a car is, the more expensive insurance will be. The more complex a car is, the more expensive insurance will be. The scarcer spare parts are, the more expensive insurance will be. Any factor that makes it…