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Why Life Insurance Should Be Part of Every Entrepreneur’s Business Plan – Life Happens

Savings Corner

Repaying any debts Entrepreneurs often shoulder substantial debts, whether a business loan, credit lines or personal obligations incurred during the start-up phase. The proceeds from your life insurance policy can be used to repay these debts, ensuring that your family is not responsible for settling them.

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Leveraging Business Loans In Family-Owned Enterprises

Koupon Karen

Understanding Family-Owned Enterprises Family businesses, where two or more family members are involved and the majority of ownership or control lies within a family, are a vital part of many economies, contributing significantly to job creation and economic growth. Understand Your Needs: Identify the specific purpose of the loan.

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What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms.

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Sustainable Living Traits To Pass On To Your Children

Prairie Eco-Thrifter

Our children learn by example. That is why it is of upmost importance that we provide positive examples for our children, as they are likely to inherit much of our lifestyle choices, both the good and the bad. With so much turmoil and unease in the world today – political, social/economical, technological, environmental, etc.

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Stay the Course Financially

Prairie Eco-Thrifter

’ While there is some macro economic sense in consumer spending causing an impact on the country’s growth, it doesn’t necessarily play well at the individual consumer finance level. My grandchildren’s other set of grandparents are just one example. Even today, many are still unemployed or underemployed.

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Pros And Cons Of A Home Equity Line Of Credit (HELOC)

Savings Corner

This can help you keep your monthly payments down and avoid unnecessary debt and interest. If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. You can only take the deduction up to a certain threshold, however, based on your total mortgage debt.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Budgeting and Economics. ” FG presents A Tale of Two Brothers posted at Financial God , saying, “One of my favourite books is ‘Economics in One Lesson’, by Henry Hazlitt. ” Managing Debt. Jeremy Waller presents Do You Have What It Takes To Be Debt Free And Financially Successful?

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