When my husband and I bought our first vacation property, it was 2004, and we had been looking for an affordable ocean-front condo for a long time. The minute we opened the front door and saw the expanse of ocean before us, we were sold. A month later, we placed the condo…
10 tips for buying rental property
If you’ve been watching reruns of HGTV’s “Income Property” and wondering if it’s time to buy an investment property and become a landlord, you’re not alone.
Between a recent jump in inflation, historically low interest rates, and the mood of millennials to rent instead of own, buying rental…
Should I pay off debt before buying a house?
Ready to buy your own home? There’s a lot to consider, especially if this is your first time applying for a mortgage and you’re carrying debt. Debt is not necessarily a dealbreaker by any means.
Is it a good idea to pay off debt or save for a house?…
Want to start a business? Here are some ways to fund it, plus some new options
In April 2021, when Jenny Yaeger, 55, launched her Denver-based accounting and financial consulting firm for small -and medium-size businesses, ClariFI Business Solutions, she tapped her personal savings. “Downsizing was what made it possible for me to go out on my own,” says Yaeger, the former chief compliance and finance officer…
4 ways to sustain savings habits from the pandemic
Whether out of choice or necessity, many people spent less money in the last year and a half on things like entertainment, clothes and furniture. For some, that meant holding on to more of their income. If you were able to save some cash, you’ve set yourself up to withstand future financial crises…
A small business guide to inventory management
Tracking inventory can be tedious work, but it’s vital to running a business. Inventory management systems are designed to handle most of the administrative work, making it easy to put an important part of your business on autopilot.So what exactly is an inventory management system?It’s a software application that automatically updates your inventory...
My biggest personal finance tip for freelancers can eliminate stress and financial worry
Being well organized and having good time-management and self-starter skills can help you better succeed at freelancing. It can also be beneficial for freelancers to have good money-management skills. In most cases, freelance workers don't make a set regular income or get paid every two weeks like many traditional employees. Instead, they often...