Using the Time Value of Money to Inspire You to Save

What would you like to save for? A nice retirement? Dream vacation? Capital to start a business? Do you find it difficult to save money? If so, maybe it's because you don't realize the power of saving consistently over time. But once you are able to grasp the power of this, you just might be more willing to make saving a regular habit. What is the Time Value of Money? As one of the most … [Read more...]

Using Financial Ratios To Gauge Your Financial Health

How do you know if you're doing well financially? Can you see warning signs that indicate you may in potential trouble? Financial ratios can be used to understand how you're currently doing with your money. This is important, because if you don't know where you are currently, it's difficult to figure out how much more work you need to do to reach your goals. Here are 3 ratios that give you an idea … [Read more...]