Savings Corner

APRIL 4, 2024

To find out whether your business can afford a loan, many lenders will use something called a debt service coverage ratio (DSCR). DSCR = annual net operating income / total annual debt, including principal and interest Many lenders won’t consider any business with a DSCR below 1.25, and the higher the number, the stronger you look.

Bank 40

Bank Banking Credit Finance 40

Prairie Eco-Thrifter

MAY 26, 2016

We could take on debt to grow using other people’s money. However, taking on debt without the current ability to repay it can result in loss of down payment and years of debt interest payments. Sure, we aren’t getting much money, but mortgage lenders are also experiencing the lowest rates in decades.

Money 124

Money Saving Money Lowes Grandchildren 124

Family Balance Sheet

JANUARY 17, 2018

I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. Read our Health Insurance Story: . What We Left Traditional Health Insurance. Why We Chose Medi-Share, an affordable solution to traditional health insurance. I’ll apply that money to the debt.

Financial Goals 113

Financial Goals Goals 2018 Debt 113

Prairie Eco-Thrifter

NOVEMBER 5, 2012

You must control your debt. You must persist in living below your means to stay out of debt and save. You may be investing in real estate. Each new property adds both debt and income as well as future equity. In order to get to a million, you have to be willing to prioritize your life’s goals to get there.

Making 229

Making Real Estate Garage Sale Debt 229

Savings Corner

DECEMBER 25, 2023

Buy crowdfunded real estate If you’re interested in investing in real estate but don’t want to do a lot of the heavy lifting (management, repairs, handling tenants and more), then another option is using a crowdfunding platform to invest in property. Some platforms invest in equity (stock), while others invest in debt.

Money 52

Money Making Real Estate Rent 52

Savings Corner

DECEMBER 27, 2023

Certificates of deposit A certificate of deposit, or CD , is a federally insured savings account that offers a fixed interest rate for a defined period of time. When you invest in a money market fund, your money buys a collection of high-quality, short-term government, bank or corporate debt. a home down payment or a wedding).

Real Estate 52

Real Estate Bank Banking Money 52

Prairie Eco-Thrifter

JANUARY 14, 2012

The Debt Princess: The Kool-Aid Effect: The Relationship Between the Poor & Nutrition – A look into how the working poor are eating unhealthy. Life Insurance: 10 myths – Life insurance is one of the most misunderstood financial products that the average citizen encounter. Penge Snak!: Read on to learn more!

Credit Cards 220

Credit Cards Credit Finance Personal Finance 220

Prairie Eco-Thrifter

JUNE 14, 2012

” John presents Q1 2012 Credit Card Debt Study posted at Card Hub , saying, “The first quarter of 2012 indicates consumers are paying down credit card debt. Will this trend continue throughout the year, or will consumer credit card debt follow the same path it has in previous years? Here are the answers.

Money 124

Money 2012 June Credit Cards 124