Alternative Business Funding Methods

by Scott Sery on July 24, 2015

Alternative Business Funding Methods

Starting a business always costs money. Obviously there are some that are far more expensive than others, and those startups usually get a massive amount of cash from venture capitalists. Others will turn to alternative sources such as car title loans that have slogans like, “Texas loans can provide you with the money you need fast for your business.” A good solid business plan will be able to repay most loans quickly; a bad business plan may cause you a lot of financial hurt.

Here are some of the more popular alternatives to just getting a loan from the bank.

Crowdfunding

One method of funding a startup that has soared to popularity lately is through crowdfunding. For those who don’t know, the concept is simple. A lot of people give a little bit of money to raise the capital you need. Usually they are rewarded with a limited edition release of a product. Kickstarter is still the biggest crowd funding option out there, but there are many others that keep popping up.

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4 Budget-Friendly Health Tips

by Sean Bryant on July 20, 2015

Budget-Friendly Health Tips

In 2003, six in 10 Americans were estimated to spend their working days sitting in front of a computer, according to a study by the Mayo Clinic. At home, people spend about four hours per day watching TV plus additional time on their smartphones. This sedentary lifestyle comes at a huge cost. Sedentary people have an increased risk for chronic health conditions, such as obesity, diabetes and some cancers, explains this same study.

Not only are these conditions bad for your health, but they can be expensive, too. According to an article published in Obesity Reviews, obesity can cost individuals over $1,700 per year in medical expenses. If you’re looking to save your health and your money, it’s best to be healthier with some of these tips:

Cook at Home

One of the best ways to stay healthy and keep your budget on track is to cook at home instead of eating out at a restaurant. Cooking at home allows you to choose healthier ingredients, like olive oil instead of butter, or to use less of unhealthy ingredients like salt. Cooking also serves as a conscious reminder of portion control. Most restaurants load up the calories by serving portions that are twice as big as needed.

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Every day humans are faced with hundreds of decisions. Do we get out of bed or press snooze, do we drive to work or take the bus, do we drink coffee or tea? As the day progresses we often find that the responsible part of our brain struggles to overcome the procrastination part. This is a lot like the way a lot of us think about retirement.

Most Americans are very upfront about the fact that they do not feel they are saving enough each month for their retirement. They feel that they can always start at a later time or the temptation is high to spend that money on something in the present. By overcoming these obstacles you can provide your future self with enough money to live a very happy retirement.

Take a look at the following video from Prudential as they conducted an experiment on human behavior as it relates to saving for retirement.

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Improve Your Credit Before Buying a House

by Sean Bryant on July 10, 2015

Improve Your Credit Before Buying a House

According to Realtor.com, payment history accounts for 35 percent of your credit report score, followed by the amount you owe, the length of your credit history, new credit, and the different types of credit you hold. Your credit score is the key to getting a stable loan with the best interest rate possible.

Fortunately, there are ways to help give your credit a boost if you have poor financial history or just want to snag the very best home loan on the market.

Here’s how to get started:

Understand Your Credit Score

Before you dive into research about your credit score, know you are legally allowed to check your score once a year at no cost. You can request a report from one of the three major credit reporting agencies: Equifax, Experian or TransUnion.

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Understanding the Math Behind the Mortgage

by Scott Sery on July 6, 2015

This is a sponsored post written by me on behalf of Chase for IZEA. All opinions are 100% mine.

Part of the American dream is to own a home. However, many people that would love to be homeowners have yet to make the decision to stop renting, and buy a house of their own. The reasons are many: they don’t understand mortgages, they haven’t found the right home, they are scared to take the plunge, and the list goes on. While there are some great reasons to wait, understanding your mortgage isn’t too hard to do. In fact, there is no smoke and mirrors here, it’s just math.

According to a recent survey by Chase, there are a lot of Americans that are ready to purchase their home. They have found the right house, and they want to get off the sidelines and buy this summer. A quick look at the math behind the mortgage may just encourage them to do so.

Where Are Mortgage Rates Going?

Throughout the first half of 2015, mortgage rates remained at near record lows. However, they are starting to creep back up, and they have already hit 4% (for a 30 year fixed rate mortgage) for the first time since November 2014. There is a lot of speculation that they will climb up even higher.

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7 Tips to Keep Your Books in Order

June 30, 2015
Tips to Keep your books in Order

When you own a small business, it can be tempting to leave the back office operations for another time. You may get down to bookkeeping basics when it is time to reconcile your accounts at the end of the month, but if you are waiting to keep your finances straight don’t be surprised if they […]

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Experience the Big Apple on a Budget

June 29, 2015
Big Apple on a Budget

According to the official website of New York City, the city saw 54.3 million visitors in 2013, with an expected overall economic impact of $58.7 billion. Lonely Planet shows midrange New York City hotels running upward of $300 a night and dinner for two ranging around $130, depending on the restaurant. Despite New York’s reputation […]

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