by StevenMcEvoy | Sep 2, 2021 | Budget, Investing, Personal Finance
The 28/36 rule of thumb is a mortgage benchmark based on debt-to-income (DTI) ratios that homebuyers can use to avoid overextending their finances. Mortgage lenders use this rule to decide if they’ll approve your mortgage application. When mortgage lenders are trying...
by StevenMcEvoy | Aug 27, 2021 | Investing, Personal Finance
Cash flow is the lifeblood of your business. The cash flow is a measurement of the amount of cash that comes into and out of your business in a particular period of time. When you have positive cash flow, you have more cash coming into your business than you have...
by StevenMcEvoy | Aug 23, 2021 | Budget, Investing, Personal Finance
The 50/30/20 rule of thumb is a way to allocate your budget according to three categories: needs, wants, and financial goals. According to the thumb rule, an individual should allocate 50% of the income to “needs” or essential expenses, 30% to “wants” or...
by StevenMcEvoy | Nov 24, 2020 | Investing, Personal Finance
Tips to Kickstart Your Future Investments To start investing and learning how to invest is not to difficult to catch up and learn how. The internet is a wealth of information, only couple of sites to research and a few clicks away, you will find the steps to become a...
