Category: Money
Things you should do every time you get paid
It can be tempting to treat yourself on payday, but in the long run, planning your spending will be more rewarding. Creating a payday routine will help you pay your bills on…
Continue readingThe difference between short and long term financing
Maintaining healthy cash flow can be challenging; between ongoing expenses and bills, poor cash flow can severely impact your customers, staff and bottom line. Business owners need to understand the differences between…
Continue readingPros and cons of reverse mortgages
Reverse mortgages allow you to use the equity in your home as security to borrow money. The following are pros and cons of acquiring a reverse mortgage. Pros You will be the…
Continue readingThe risks involved in debt consolidation
Debt consolidation is a form of refinancing which involves taking one larger loan out to pay off multiple small ones. Although this might make managing repayments easier, you may end up paying…
Continue readingTracking your spending to spend less and save more
It’s hard to know where to start when you decide to take control of your money. It can be helpful to know exactly how much money is coming in and going out…
Continue readingHow to get the most out of your bank account
Banking is often more complicated than you expect it to be with different types of accounts, fees and fine print to take into consideration. You are able to get more out of…
Continue readingSpeeding up invoice payments
Taking care of invoice and billing payments can often be an onerous task for many small businesses. However, very few things are more important in the business industry than getting paid on…
Continue readingWhich bad money habits could be getting in your way
How you spend your money determines how well you can save you money. Spending more than you have or buying unnecessarily can severely impact how efficiently you can save. Sometimes you aren’t…
Continue readingAvoiding mortgage default
As individuals struggle with cash flow through the coronavirus, the Australian Bankers Association records that repayments on almost 500,000 mortgages have been deferred for six months. While repayments can be delayed, they…
Continue readingGetting your money back from late-paying customers
Businesses can be heavily impacted by customers who cannot, or simply will not pay when payment is due. A single unpaid invoice can cause issues, and the longer this debt is left…
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