Resource Library

More quick resources to get your money working for you

The Psychological Benefit of a First Position Line of Credit A first position line of credit gives makes cash management easy and ensures you are keeping your dollars working 24/7. Your first position line of credit gives you the flexibility of a checking account. When you...

What’s a First Position Line of Credit? Last week, a Canadian friend of mine asked how CashMap’s line of strategy works with a first position line of credit. In Canada, first position lines of credit are readily available. In British Columbia, Vancity Credit Union, Manulife and...

Review Date: January 16, 2014 - Industrial Credit Union Website Assessment Industrial Credit Union is located in Whatcom County in northern Washington. Their home equity and personal lines of credit will fit well with CashMap’s line of credit strategy. The rates are competitive, the staff was friendly,...

Review Date: January 15, 2014 - Vancity Website Assessment Vancouver City Savings Credit Union (Vancity) is Canada’s largest community credit union. Their home equity and personal lines of credit will fit well with CashMap’s line of credit strategy. The rates are competitive, the staff was friendly, and they take...

Review Date: January 10, 2014 - Coast Capital Savings Website Assessment Coast Capital Savings is Canada’s second largest credit union. Their home equity and personal lines of credit will fit well with CashMap’s line of credit strategy. The rates are competitive, the staff was friendly and there are virtually...

I Hate New Year’s Resolutions Growing up, on New Year’s Day my father would have us write down our New Year’s resolutions. I dreaded this. It spoiled my birthday. (Yes, I’m a New Years baby!) I came to see this as an exercise in futility. Do...

Last week, I was reviewing CashMap’s line of credit strategy with a client. I had just finished coaching them through the process of shopping for a line of credit. As is almost always the case, the credit union representative did not know the billing cycle...

Versatility is Awesome! There’s nothing like versatility. When I purchase something, I always feel like I ‘scored’ if I can use the item in more ways than one. Imagine developing a skill that can be used in more than one area of your life. Imagine doubling...

In life, we regularly face situations that test us. Our choices reflect what we believe impacting that path we choose and the results we experience. Our choices reflect what we believe. I’m not saying that environment does not impact us. The right choice to an...

Some of you are struggling to understand why a line of credit is so much more effective in managing your cash than your checking account. The question you’re really asking is, “Why can’t there be lazy dollars in my line of credit?” There’s only one...