New Year’s Resolutions Reminders

2016 Resolutions

Have you already forgotten all about your New Year’s resolutions? It can be difficult to change our lives, even when it’s for the better.  Knowing this, we want you to know that, in your financial life, there are changes you can make today that will last the entire year.  Here are three resolutions you can set today and some follow-up goals for the rest of the year. Continue reading

Good Debt, Bad Debt for Millennials

Good Debt Bad Debt Image

There are really two kinds of debt.  Bad debt is money you owe and have little chance to repay.  Credit card debt can stay with you for a long time, particularly with high interest rates.  You can end up paying off that mall shopping spree long after the clothes you bought have made their way to the local charity shop. Good debt, on the other hand, represents a risk you’ve taken, and may yield a financial reward.  Opening a business involves taking on a loan, but in exchange, you have the chance to build a constant source of cash for your life.  You need a loan to buy a house, but you can always sell the house, often making a tidy profit. Continue reading