Personal Finance

Is Your Debt Getting You Down? 3 Things Not to Do With Debt and Discover 3 Things to Do

Is your Debt getting you down? Discover 3 of the biggest mistakes people when dealing with debt and what to do about them

It’s almost impossible turn on the TV or opens a newspaper without there being a mention of debt.

The fact is that all debt is not created equal. According to Robert Kiyosaki of Rich Dad fame – there is ‘good’ debt and ‘bad’ debt. ‘Good’ debt is an asset and ‘bad’ debt is a liability. Assets put money in your pocket, a liability takes money out. For example if you bought a car and rent it to others bringing in an income that covers the outgoing costs with some left over is an asset. If you buy a car and it sits outside your house 90% of the time and you have to tax, service and maintain it, it is a liability, a depreciating one at that.

Private Investment in Public Equity Finance

What is Private Investment in Public Equity (PIPE)?

If a company that sells shares on the open stock market wants to raise cash quickly on of the ways for it to accomplish this is through a PIPE. This benefits the company concerned as it does not have to go to the expense associated with a secondary offering nor does it have to wait for the lengthy advertising that accompanies such an offering.

FIFO Vs LIFO

What is accounting? If you asked me this question a year ago, I would answer that it’s all about numbers, calculations… but now, after having learnt ACC201 and still learning ACC202, I have another views about accounting, it provides information for decision-making in the business world. Whether you are going to invest in Wallmart’s stock, buy new equipment, forecast future sales or expenditures, you almost always use accounting information. In my opinion, one of the most important knowledge about accounting is 3 basic inventory techniques or cost flow assumptions: FIFO (stands for first-in, first-out), LIFO (stands for last-in, first-out) and WAVG (stands for weighted – average). In this article, I just want to focus on FIFO and LIFO. Let’s review these concepts:

What You Should Know Before Applying For No-Credit Check Personal Loans From Non-Bank Lenders

Many have been seeking personal loans from traditional banks in order to resolve their financial problems but not all of them are eligible of having such loans. It is mainly because that they have low credit scores as a bad credit history normally reflects the person’s inability to pay off the loans as agreed. Most traditional banks’ loan approval regulations are getting stricter after the financial crisis so many people with bad credit history begin to look for a financial solution from non-bank lenders. The most common financial solution is applying for a no-credit check personal loan.

Non ChexSystems Banks

Having problems opening up a bank account? The good news is that you are certainly not alone. There are many people who have problems opening bank accounts because of past financial misdeeds. The good news is that this does not have to be the case if you know what to do about it.

If you’ve never heard of ChexSystems, you are not alone. Most people know nothing about this organization until it slaps them on the face. When you find you can’t open a checking account, it’s almost certainly because of ChexSystems.