You can use the Money program to create a budget. By using Money for budgeting purposes, you can compare your actual spending to your budgeted spending. You use Money’s Budget Planner tool to set up a budget.
1. Display the Budget Planner window.
Click the Planner link, and choose Budget Planner. Money then displays the Budget Planner window.
2. Use the Budget Planner Wizard.
The Budget Planner Wizard steps you through a very thorough process for creating a budget based on your exact income, your long-term savings plans and goals, the possibility of occasional extraordinary expenses, your contractual debt payments for car loans and mortgages, and your anticipated expenses. To step through this planning process, click hyperlinks in the Budget Planner window. Read the instructions inside the windows and, when prompted, provide data by filling in fields. After you finish with the Budget Planner Wizard, you have a complete and very detailed budget. Read the rest of this entry »
photo credit: gurms
What are you going to use for money to keep your business operating when your bank says “NO” to your loan request? You say “Oh my bank won’t say NO to me. I have been a customer of theirs for twenty years”.
Ask thousands of small and medium sized businesses people that said the same thing. One day they left their bank stunned from what their banker said, “NO” to their loan request. They no longer had a line of credit, purchase order loan or any bank financial assistance that had once provided the funds to keep their businesses operating.
Do you think the recent decisions of Congress are going to fix this problem for you? I don’t think so, certainly not in time to save your cash starved business. Those recent financial decisions by Congress are to bail out some of the world’s largest financial institution to hopefully save America’s entire economic system. Until that is fixed, money for the small business owner is likely to dry up completely. Read the rest of this entry »
“Inch by inch, row by row…that’s the way my garden grows” was a favorite saying of my grandmother’s — usually when she was trying to teach me something about patience!
While I never mastered the art of having patience, I have learned how that saying can apply to creating a successful business.
If you’ve got big dreams for starting or growing your own business, but you lack the start-up capital, technical assistance or training that you need to succeed, then start by thinking…small. In fact, think smaller than small! Think micro — as in “microenterprise development programs”.
What is a microenterprise development program? Read the rest of this entry »
Today you can enjoy a sandwich over lunch while looking at great places you’d like to go on vacation, then take care of your various bills, connect with some friends and even get a car loan by the time you need to get back to work. That might sound amazing but in the age of the internet, getting things done in a shorter and more convenient time frame has become the norm.
What people have not realised as much though is that with the advent of secure sites and companies pushing more of their activities online, you can get bank loans, credit cards and even car loans approved while sitting at your desk. We have all heard horror stories of people’s personal details being stolen but as long as you are on a secure site, there is little chance of your personal information being compromised. Read the rest of this entry »
When trying to raise the initial funding for your investment, there are several things to consider. For example, would it be in your best interest to enlist the assistance of a hard money lender or would it be better to use the resources of a private money lender. There are pros and cons to both methods of financing, and after you have weighed both, selecting what works best for you should be much easier.
Hard money lenders include small companies and individual investors, and are a good source of quick cash. Although the money is readily available and easily accessible, you might find that it also comes with a pretty high interest rate. For this reason, it is a wise idea to consider a hard money option if you are planning to finance on a short term basis as it is an excellent short term financing tool.
If you are in a bind and need emergency money immediately, receiving a hard money loan sounds ideal. Even though there are usually high interest rates attached to such loans, you generally have the option of refinancing the property at a better interest rate. The criteria for being accept for this type of loan is based on the collateral, the property being financed, instead of the actual financial strength of the one borrowing the money. It is definitely the way to go if an investor has issues with his/her credit. Read the rest of this entry »
