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). Bank relationship Relationships can make a big difference in managing your business finances and getting a loan. If you have a business partner or co-owner, you must include their information too.

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Bank Banking Credit Finance 40

Family Balance Sheet

APRIL 9, 2021

Our personal finances are so interwoven with our small business finances that we view them as one. And as you’ll see below, we also added a few more steps that he probably wouldn’t suggest or approve of, but there’s a reason why this is called personal finance. Paying off debt is not fun.

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Debt Emergency Fund 2019 Debt Free 130

Savings Corner

DECEMBER 24, 2023

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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Debt Credit Cards Credit College Tuition 52

Family Balance Sheet

MAY 27, 2015

We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt. I talk a lot about this in my post “Top 4 Ways to Pay Off Debt” but they include: 1.

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Debt Debt Free Pay Off Debt Finds 100