Most businesses work with the system that allows for a 30-60 days payment on goods received.  Typically, payments are dealt with in this standard fashion but it can create a cash flow problem.   When your customers fail to pay you on time you are left waiting for their payment to arrive in the mail.   In a perfect [...]

We have all heard that old time saying of, reading, writing and arithmetic, now is the school system could just add personal finance to that, we would all do better in life. All kids, like we have done too, learn how to make change in grammar school but to be able to manage their finances, [...]

Most consumers will leave a tip at a restaurant, but there are many more who get confused at how to tip for other services. And some wonder if a tip is needed in the first place.  The word “tip” stands for to-insure-promptness and for this reason the tip amount fall on many factors which include: [...]

If you could make saving as easy as spending, then you could easily establish a good habit of saving. You can ask your bank if they can link your saving and checking accounts via your ATM card.  If you have a different account for different goals, you can add to each one a little at [...]

Reducing you debt does not take magic, just a little know-how and some perseverance. Always start by paying off the debt with the highest interest rate.  Credit card companies make their money from those interest rate and so they make your minimum payments low so it will take you years and years to pay off [...]