The Beginner’s Guide to Common Financial Terms

If you’re a newcomer to sorting out your personal finances, then you may find yourself perplexed by the amount of jargon that appears on the advertisements and websites of banks and other financial institutions. You might do a web search or use a dictionary to find out what all of these financial terms really mean, but could still find you’re still muddled by the lack of decent explanation. If you

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How Much Can I Borrow For A Mortgage?

When we apply for a mortgage we should always have some idea as to how much we can afford to borrow, and our capacity to repay the mortgage. Knowing how much we can afford is vitally important because nobody would like to lose their house or investment property to foreclosure.  When we ask ourselves the question of ‘how much can I borrow for a mortgage’ it will be highly dependant

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Economics 101: A Fiscal Policy Dilemma

How Long Will Economic Recovery Take? As troubling as these times look, we all assume that eventually things will change and the economy will once again be robust, financial markets will stabilize, and commodity prices will revert to the mean. In the mean time, however, many financial pundits are taking their best guess as to how long the recovery process will take. We are constantly barraged in the media with

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How To Use Your Credit Card To Make Money Every Month

I have mentioned in previous articles and on my About Page that I like to use my credit card to manage my monthly cash flow. Just like mortgages can be used to your advantage, credit cards are another debt tool that can have a positive impact on your personal finances. As with those other tools, credit cards just need to be managed effectively. Credit Card Rewards We all know that

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