Are you in debt? If so, then you may want to start paying yourself. This may sound like a strange idea, but it's also an idea that financial consultants have been suggesting for some time now. When you decide to pay yourself a weekly salary, you will be able to accumulate money faster than you may think.Here's how it works: set up a bank account that you cannot withdraw from. Then, deposit any amount of money into the account each week - this...more
Did you know that you have to have a good reason to get a traditional loan? Banks will not dole out loans to anyone unless they know how you intend to spend loan money. Banks aren't willing to let borrowers spend loan money any way they choose, and this can be entirely frustrating.It's within the interest of every bank to know exactly how a borrower will spend loan money. Why? This way, a bank can ensure that their money will be paid back. For...more
Small businesses and entrepreneurs increasingly favor the limited liability company option for their new businesses. And lots of good tax and legal reasons justify this popularity.Unfortunately, the financial record-keeping required for a limited liability corporation--particularly for the one owner LLC--can quickly become too darn complex. Sometimes, in fact, the extra bookkeeping complexity can turn the business owner's finances into a mess.Fortunately, the small limited liability company can do several things to simplify LLC accounting and avoid messes:Don't Elect Corporation Tax TreatmentPerhaps the big reason that accountants love LLCs concerns their tax accounting treatment. The owners of an LLC, called members, may make elections to have their LLC treated as a corporation.Just to explain this in a bit more detail, by default, a one member LLC is treated as a sole proprietorship for tax accounting purposes. And, by default, a multiple member LLC is treated as a partnership for tax accounting purposes.But both "sole proprietorship" LLCs and "partnership" LLCs can also elect to be treated as a regular corporation (called a C corporation) or as a subchapter S corporation for...more
More than two trillion dollars is traded daily in the Foreign Exchange market and without exception the largest trading in the world. The FX is open twenty four hours a day, but only five days a week, including public holidays. The world wide financial centers commence trading in Sydney, on to Tokyo, then London and New York.There are active buyers...more
The term life annuity refers to an insurance product where the buyer, also referred to as the annuitant, is contracted to receive a set series of payments over an agreed upon period of time. This product is most often provided by a bank or other financial institution such as an insurance company. In most cases these payments will cease upon the...more
With Obama's Home affordability plan in execution since March, 2009, hopes of many disheartened homeowners have been restored. However, there are many apprehensions regarding the efficacy of the plan. "How will the plan lower mortgage payments?" - is the most prevalent question. Let's understand the procedure in detail. There are two parts of the Obama Home affordability plan. One is refinancing, and the other is loan modification. With the sharp fall in property rates, many homeowners could not avail a refinance because their loan-to-value (LTV) ratios are too high for them to meet the criteria for a refinance. However, under the Obama Home affordability refinance plan, homeowners with an upside-down loan can also avail for refinance. People with a variable interest rate home loan can shift to fixed rate loan with lower interest rates than the current loan's. Such a low-cost mortgage refinance loan will save those thousands of dollars annually. Homeowners who do not meet the eligibility criteria for refinancing can apply for mortgage loan modification. People have lost jobs or have encountered cutbacks in paychecks due to the economic slump. So, the monthly...more
FatLoss4Idiots is by nature of its' title, a little "in your face". But then, perhaps sometimes if we find ourselves in the position of needing to lose a bit of weight, maybe that's what we need! If you're looking to buy FatLoss4Idiots...more
If youre given a choice of making $500 as a one-time payment OR getting only $100 but paid this amount every month, for 20 years if not for life, which would you choose?If you work only once and get paid many times over, youre earning a RESIDUAL...more
Everybody has some form of debt they owe to another person. These vary on how the borrower uses them. However, the most painful of debt is the one that is made with barely any benefit. This is what normally happens when money is invested in...more
Week 4, A-share market shares of Huayi Brothers Film No. 1 (300,027) will be released in the GEM, compared with other GEM line with the wholesale new shares of stock Huayi Brothers bar has been "overwhelmed", message by the stream of non - must, it...more
In the current economic downturn, many people are looking for ways to put together some extra cash. Whether it's for paying off debts, shopping or taking a vacation, anyone can use some additional cash. A gold buyer can help you turn...more
The Forex market can be intimidating and confusing if you are a beginner. Experts and gurus have spent years acquiring experience and knowledge by making expensive mistakes. If you are venturing into forex for the first time, it's almost a guarantee...more