Tag Archives: debt free

Is Borrowing for Education a Good Idea?

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Back-to-school time is here and many consumers are busy sourcing books, supplies, uniforms and other items for their children or for their own schooling. During this period, there is usually an increase in advertisements promoting educational assistance loans.

The reality is that many people have to borrow money to pay for these school expenses. While the ability to access financing for school purposes may seem like a blessing when your budget is tight, is it always a financially smart move? Continue reading Is Borrowing for Education a Good Idea? →

Are You Afraid Of Your Financial Future?

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“I work in the tourism sector and I’m worried that the current international financial situation will cause me to lose my job. I don’t know how I’ll be able to manage without this income, and I’m feeling really scared right now about my future.”

The global economic crisis is having a negative impact on a wide cross section of the society – large conglomerates and small businesses, company executives and line staff, wealthy people and the poor. Institutions and individuals alike are reeling from the repercussions of a financial world in turmoil.

A reader recently asked me how it was possible for me to advise people in this financially challenging period. The reality is that whether times are good or bad, the principles that govern money remain constant.

If you understand the essentials of how to manage, multiply and maintain your money, you will always be able to keep a sound footing even in the midst of a financial storm.

Continue reading Are You Afraid Of Your Financial Future? →