Guest Contributor

It is possible to use a credit card to make a down payment on a car. However, there are several drawbacks. For starters, some dealers limit the amount you can charge on your card. Additionally, it’s really only a good idea to do this if you can pay off the balance quickly because credit cards tend to have high-interest rates. Therefore, if you don’t have cash on hand for a down payment, it’s better to get an auto loan for the entirety of the car’s purchase. This is because a car loan tends to have lower interest rates than a credit card. However, there are some situations where using a credit card to put a down payment on a car … Read more

When a business starts, it requires capital for its initial phase and its growth. In most cases, people use business startup loans to finance their businesses due to a lack of capital. A business owner can use this loan to purchase furniture, equipment, supplies, real estate, machinery, and inventory. The following are ways on how to get a business loan for your startup; SBA 7(a) Loans. In most scenarios, the Small Business Administration does not make loans; instead, it assures them. There are many different kinds of Small Business Administration loans, and the 7(a) package is the most common as it offers up to five million dollars worth of loans. There are several qualifications required to get the loan, such … Read more

With cell phones, television, makeup, and cultural pressure, children as young as elementary school are learning certain realities of the world. As kids grow and develop, it is important that they are equipped with the resources they need to navigate life successfully. How to Learn About Money One important area of maturity that children do not typically understand is money. Many students that leave for college are not prepared to financially manage life in the “real world.” It’s important that parents teach their children about managing finances adequately. In this article, we will share four important lessons that your kids need to learn about money. 1. Money Does Not Determine Self-Worth Many teens struggle because they compare themselves to others. … Read more

From the outside looking in, the life of an investor seems to be a dream come true. You literally earn money by investing your money and doing nothing. And once you’re on the inside, you’ll realize that it truly is a dream come true . . . if you do it properly, that is. There are a lot of scammers out there, and they usually seek out investment newbies who don’t know what to look for yet. The world of investing can be tricky to navigate. Whether you’re investing in the stock market or something else entirely, this post should help you know how to go about investing in a safe, responsible way. Do some research You may want to … Read more

The world of trading and investing has developed over the years and has now evolved into the digital landscape. Online trading for stocks and shares holds its advantages for individuals interested in the financial markets but also has its disadvantages. So, let us explain further the ways in which you can benefit from online stock trading. Advantages and Disadvantages of Online Stock Trading What are shares? To fully understand how to trade shares online, and the benefits of doing so, you must know exactly what they are. Sometimes known as stocks, shares are a fraction of a company, its value, earnings, and assets and are usually traded on a stock market. Those who own a part of a company like … Read more