Is Bankruptcy Good Business? Lessons Learned From Donald Trump

Donald Trump has filed for bankruptcy four times. None of those times were personal. Recently, Trump stated via Twitter and other sources that corporate bankruptcy is a good business strategy. Is this really true? Here's a closer look at Trump's … Continue reading Read more [...]
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How to Get Lean and Mean With Money

Lean is a system of manufacturing pioneered by Toyota which has helped to make the company very profitable. One component of lean production is the elimination of wasteful practices in the process of creating a product or service for sale. There's a lot to be gained from adopting the lean philosophy in your personal, professional and financial life, if you want to be successful with your own goals. Let's look at some of the ways to accomplish this. You can get lean with your time by becoming more productive at work, getting the most out of your commuting time, using technology to improve your output, and making the right choices when spending your time to generate an income. You can also utilise another important resource -- your money Read more [...]
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A beginner’s guide to the New Jersey home mortgage loan

When you are out doing something new you will surely be confused. In case you are also confused with the buying of New Jersey home mortgage loan then taking a look at a quick guide will help. Picking on a small guide that will surely help you look out for the right type of lender for the needs of your home loans. When you get started the first thing which you will have to do is look out for the kind of property which you wish to buy. Once you know about the property which you wish to buy then the next thing that you will have to notice is the actual purchase price of the same. It is just then that you will be able to look out for the best loan lender who can offer you with good loans accordingly. Once this is all decided the next thing that Read more [...]
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Financial Planning: Why Need and How Choosing it

When it hurts, you are sure to find a doctor. If the financial condition of the ailing, Financial Planner (financial planner) is your doctor. However, many are reluctant to meet with a financial planner reasons the amount of deposits is still small, so do not take their advice, especially with having to pay. In fact, if finances want to be healthy, you need a financial planner. You should use the services of financial planners (see Financial Planner profile here) as early as possible. Management and financial planning must be done from the beginning to be able to achieve your goals and dreams. Is interested in the conflict between the bulging investment Financial Planner Ligwina Hananto and Clients. Initially, I did not think to consult Read more [...]
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4 Main Key Smart Shopping

The key point in building a wealth lies in the way we spend, whether we are spending well, correctly and wisely. The real question is, what is meant by spending it wisely? Do buy the car including the wise? Do replace the sofa at home is also included wise? Well, shopping may be wise or even otherwise be a waste of money. For example, buy the sofa when the sofa at home already wobbly with torn fabric and iron / wood stand out everywhere including shopping category wise. Although if repaired sofa may cost less. But, if you replace your old sofa with new sofa just as welcome Eid or New Year plasticity so new and fresh, well it has a waste of money. Especially if you then ask the store manager or servant if there are fixed or easy installment Read more [...]
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What Are The Alternatives If You Can’t Afford A Bankruptcy?

After you finally decide that none of the alternative options are good for you to get a relief from debts and you need to file for bankruptcy, there are some other things to consider regarding the payments, for example paying the lawyer, document fees, court fees and some additional costs as well. What will happen if your finances are so bad that you feel you can't afford even to file because the bankruptcy process can be costly. It is not uncommon for people who have been struggling for years to make minimum payments on their debts to suddenly find out they are too broke to pay a lawyer or pay the bankruptcy filing fees. Many debtors which are unfamiliar with the complexity of the process are trying to deal with the process by themselves Read more [...]
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Financial Goals for 2016

At the age of seventeen, I wrote a personal mission statement with my goals based on an inspirational book I had read at that time. It was a simple one pager - however, what I penned down were things that were very profound and what mattered most to my soul. Here are some of the things I wrote down - marry a God fearing woman, immigrate to the United States, the land of my dreams, and the list goes on. You know what, 95% of what I wrote down, have come to pass. When you write down your goals, you set your brain, your soul, and your entire being on a journey towards the goal. I am no psychologist but this has worked for me time and time again. I read a book a personal inspiration book written by a psychologist when I was about seventeen Read more [...]
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How to Pay Off Credit Card Debt Quickly

Christmas and holiday spending can be brutal on any household budget, considering most families significantly overspend during the holiday season. It is estimated that the average American household has more than $8000 in credit card debt. After all the fun and festivities are over, you should take control of your household budget and expenses. Unfortunately, one of the biggest yet most controllable expenses for most individuals or households is their revolving debt. The payments may not only handcuff your spending ability, but they can limit your financial options to purchase a car or house. In order to escape from the trap of credit card debt, you will need to determine the best way to pay down and eliminate your debt. The following is a list Read more [...]
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Discussing Money With Your Adult Children

Your children are now grown and on their own, but perhaps they keep coming to you for some supplemental cash. Maybe you have sent them to college with a "budget" and they seem incapable of tracking their own spending. Maybe you wonder if they are participating in a 401K or saving that bonus they just received as you hope. We all hope that our money values have been passed down, but it is difficult sometimes to discuss personal finances with adult children. One of the hardest parts about having this discussion is trying to decide how and when to have it, but without you taking the initiative this conversation will never take place. Here are a few conversation starters and ideas we have seen work successfully. Try starting the conversation Read more [...]
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The Cheaper, Better, Faster Way To Get Out of Debt

Getting out of debt is on the hotlist of New Year's resolutions for so many people, yet there always seems to be something standing in the way of truly eliminating mounting debt. The car needs repairs and so does your home. Your kids always need school supplies and new clothes constantly as they grow. Don't forget retirement savings and pet food for the dog; insurance bills, medical bills and the like. Where does all the money go every month? If you're like most people, getting out of debt seems endless and daunting. Debt can sometimes be so overwhelming that we get stuck in indecision, which, by the way, is also a decision. Don't give up. There's hope and help, but it's up to you to find the right direction that will save the most time and Read more [...]
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