So, the exciting time has come; you’re about to apply for a loan, perhaps to buy that dream car, or get a mortgage. Either way, you’re buzzing when you walk into your application meeting. Then, the credit check happens. This is where many applications fall down and, sometimes, refusal here can come as a […]
Big Ways You Could Cut Your Household Budget Today
in Personal Finance/by Kenneth W. BoydWhen it comes to your day-to-day spending, you need to understand your habits. Things like cutting down cigarettes and alcohol, using a thermos instead of buying coffee, and resisting impulse spending are all good advice. However, they are a way of chipping away at your costs little by little, when sometimes you need a […]
Credit Scare: Why Your Credit Rating Might Not Be As Good As You’re Expecting
in Personal Finance/by Kenneth W. BoydSo, the exciting time has come; you’re about to apply for a loan, perhaps to buy that dream car, or get a mortgage. Either way, you’re buzzing when you walk into your application meeting. Then, the credit check happens. This is where many applications fall down and, sometimes, refusal here can come as a […]
5 Tips to Understand Pension Accounting (2 Video Links)
in Accounting/by Kenneth W. BoydWhat, exactly, is a pension, and how does the accounting work? Both CPA exam candidates and undergraduate accounting students struggle with this concept, so I thought I’d explain the basic concepts here. Pension- Defined A corporate pension is a written agreement that requires a business to pay a former employee a series […]
The Financial Benefits Of Safer Driving
in Personal Finance/by Kenneth W. BoydWe shouldn’t need to tell you about the benefits of safer driving. Hopefully, you already understand the risk to both your life and the lives of others when you behave recklessly on the roads. There are financial benefits to safer driving too, and while these are probably of no surprise to you, we are […]
3 Little-Known Facts About Inventory Valuation Methods (3 Video Links)
in Accounting/by Kenneth W. BoydInventory is often the largest account balance in the balance sheet, and accountants must get inventory valuation right. If you’re studying for the CPA exam, taking an undergraduate accounting course- or managing a business- this concept can be difficult. What is inventory valuation? When you add an item to inventory, you […]
Managing A Loved One’s Finances After They’ve Passed Away
in Accounting/by Kenneth W. BoydLosing a loved one is difficult. The last thing you want to do when you’re grieving is to look after everything that your loved one has left behind. However, it’s important that someone does take ownership so that everything can be sorted within a timely manner with as few issues as possible. […]
What Do Mortgage Lenders Really Look For?
in Accounting/by Kenneth W. BoydBefore offering you’re a home loan, mortgage lenders want to be certain that you will pay them back. This often involves looking at your finances and then assessing whether they can trust you. But what exactly is it that mortgage lenders look for? Here are some of the main factors that lenders like to […]
How To Market a Product or Service Overseas
in Entrepreneurship/by Kenneth W. BoydStarting a business, or managing an existing business, is a challenge. Business management is more complex, if you choose to operate globally. You’ll have to deal with more risks, but the potential rewards are also higher. Technology has changed the way we work and reach others, and operating a successful global business is […]
The Minimalist’s Guide to Managing Rental Property
in Personal Finance/by Kenneth W. BoydAnyone who invests in a rental property does so to make money, and when done right, renting produce a reliable side income. Sadly, many landlords find that their rental efforts backfire. In these cases, rather than supplementing incomes, landlords land in debt. In extreme cases, that debt is so substantial that they have […]
How to Take Charge of a Contract Dispute
in Entrepreneurship/by Kenneth W. BoydWhether your starting a business or managing a profitable firm, contracts are a very important part of business, and every company uses them in some form. You may have contracts suppliers and manufacturers, so there is a clear standard set in terms of what services you expect from them and how they expect to […]