Some basics – knowing the difference between expenses and liabilities. Liabilities are created because of the way that you chose to pay for something. When you purchase a car by taking out a loan, you are buying an asset (the car) and creating a liability (the loan). When you buy something on a credit card, […]

Most individuals when they think of budget, think of deprivation, of not being able to do anything fun. It forces you to concentrate on all the things that you cannot buy and/or do. It takes a lot of willpower to maintain and everyone will tell you that trying to grit your teeth and bull doze […]