By Gary, on November 30th, 2010 1. You have no credit cards or loans – thus no credit rating. 2. You have had financial difficulties and have a less-than-stellar credit history but you want to improve your credit rating. . . . → Read More: How to Establish or Re-Establish Your Credit Rating
By Gary, on October 20th, 2010 as you build your wealth, you may need to buy a business or property and need the help of a lender to leverage your purchase. Once you decide that you need a lender, you (and your partners) will be required to fill out SBA Form 413 or something very similar. . . . → Read More: Personal Financial Statement
By Gary, on September 7th, 2010 In order to have financial energy, you must have a source of income and you must be able to use a portion of that source for building your wealth. This means that personal debt must be controlled or eliminated. . . . → Read More: Approaching Debt Free
By Gary, on August 25th, 2010 Debt is addictive. Debt is seductive. Debt is inviting. Debt is . . . Common Example: John and Jane want two new cars but they only have $4000 saved up and the cars they want cost $28,000 each for a total of $56,000. They have a very good credit rating and the lending institution lends them the money at an attractive interest rate. They drive away in their new cars feeling on top of the world and “wealthy”. . . . → Read More: Debt = Anti-Wealth
By Gary, on March 7th, 2010 Let’s get one thing understood! Credit Cards have been invented by banks to make THEM money – that is the only reason they exist. . . . → Read More: Credit Cards – Good, Bad or Neutral?
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