Talking about conventional banking, you can already imagine the queue and long and tedious procedures. That was then. Now, most banks in developing and developed countries allow their customers to do their banking on the internet. Banking on the internet is extremely convenient and saves consumers a lot of time. One thing that we may have to concern ourselves with is the safety of banking on the internet. Internet banking replaces tedious tasks...more
Forensic accounting is one of the fastest growing areas of accounting jobs in the market today. This specialized area is interesting and dynamic, and provides unlimited opportunities for the next few decades.Forensic accountants work in two primary areas, investigative accounting and litigation support. Investigative accounting encompasses not just the numbers and documents of a company, but the business environment as well. Forensic...more
Ever wonder how to figure out you debt to income ratio? Lenders use your debt to income ratio to help them evaluate your creditworthiness and debt load. Mortgage lenders use your debt to income ratio to calculate what percentage of your income is available for your monthly mortgage payment after all of your other monthly fixed expenses are paid. To calculate your total debt to income ratio take your total monthly fixed expenses and divide it by your gross monthly income. Monthly fixed expenses are debts like your monthly mortgage payment, lease or car payment, credit card and any other revolving credit balances that will take more than eleven months to pay off and alimony or child support.Your gross monthly income is what you make before taxes are taken out. This includes your wages overtime, commissions or any bonuses you get on a regular basis. Your total monthly fixed expenses divided by your gross monthly income is your total debt to income ratio. It's what a lender calls the back end of debt ratio.If you remove the monthly mortgage payment that is what a lender calls the front end debt ratio and that is how they calculate how much of a monthly mortgage payment you qualify...more
In part one of this series, we looked at the problem of continually switching trading strategies in the hope of finding something better, and why that can never bring us long-term success in our trading.In this second article, I'm going to talk about a closely related problem many traders suffer from - a lack of planning.Mistake Number Two - Not...more
If you've been following these lessons through so far, you might by now be wondering if this trading thing is really worth it. What with all the planning, testing, and continued effort, it perhaps seems much more complicated than you first thought.Mistake Number Six - Overcomplicating ItIt's easy to get caught up in the details, but if we take a...more
Finding a home loan that is affordable when you have bed credit can seem nearly impossible and can be very frustrating. However, there are lenders out there who will approve your home loan regardless of your credit history. Yes, there will be some fees and catches associated with this, but it is possible. There are some things you can do, however, to help you buy a home and be approved for a home loan even if you have bad credit. The following suggestions will prepare you for getting a home loan even with poor or bad credit.Home Loan Tip #1 Online LendersFinding a home loan can take up a lot of time going from lender to lender. So, it's better to shop online for a home loan and have home loan lenders bid for your business. You supply your personal information and then home loan lenders respond to you with their basic home loan rates considering your personal situation. Then, you will be able to quickly choose between a variety of options for your home loan and find the best one for you. Remember, if you have a high interest rate you can always refinance your home loan once you get your credit in shape.Home Loan Tip #2 Down PaymentA home loan approval for people with poor credit...more
The most important first step you should take is to admit that you have a financial problem. As soon as you do that, you have taken a very big leap towards positive debt counseling and will soon recover from your debt problems. As they always say,...more
Finding employment opportunities has never been easier than now- with the consistent and constant growth of the Internet. Using the Internet, job seekers can simply find vacancies of their choice in the location of their choice. With a simple click...more
If you are interested in buying a home then you are certainly shopping for a mortgage quote from a variety of different lenders. This is important because when you have more than one mortgage quote you can compare the different lenders and find the...more
Finding office machines can be a real problem is the budget is tight. But the problem can be solved when you shop smart. And let's face it, furnishing an office and finding high quality office machines on budget can be a little bit of a challenge....more
For a while many Americans were relying on a payday loan to help them pay the bills and get through until payday. However, many of these services have become illegal because of the high interest rates and fees associated with them. Of course, online...more
So far we've looked at how not sticking to a strategy, and not planning our trading will inevitably lead us to loss. Now I want to talk about one aspect of planning in more detail - money management.You're probably thinking that's a really really...more