Tag Archives: borrow

How to Manage Debt Wisely

Since the beginning of the year, we have been expanding on the elements of our 2012 Money Manifesto. It is possible to create the financial life that you desire by understanding and following the basic principles of money success.

In today’s column, we will take a look at the sixth component which speaks about dealing with debt. Let’s examine some key do’s and don’ts that can help you to manage debt wisely: Continue reading How to Manage Debt Wisely

Investing By Lending Money

When you work, you are supplying something of value which could be your time, talent or products. In exchange for your efforts, your employer or customers are willing to pay you money.

When you invest, you are actually making your money work for you; it’s as if you found a job for your money. The person or entity with which you place your investment pays for the use of your money.

There are myriad ways to invest money, but many persons fail to take advantage of them because they are intimidated by the complexities of investing. When it comes to investments, there are terminologies and procedures that you must learn just like any subject that is taught in school. Continue reading Investing By Lending Money