Resource Library

More quick resources to get your money working for you

Sometimes what’s most familiar is neither easier nor better. Dreading the Bill Payment Process For many of us, sitting down weekly and paying our bills is a chore we’d be all too happy to postpone. It’s not one of our top ten activities. Our goal is to...

The convenience of having our money at our fingertips feels great. We know we should budget; however, we don’t think about the cost of this wonderful convenience. Let’s take a closer look and calculate the cost of this convenience. Lazy Dollars Keep Us from Saving Most of...

Using an on-line savings account is a great strategy to build your emergency fund. Rescheduling the payment of your living expense to the end of the month is a great way for your dollars to earn the most interest possible. This eliminates the problem of...

In my last post, I wanted to connect with those of you who don’t have any debt or you’re in no hurry to pay off your low interest mortgage. CashMap’s Line of Credit Strategy can be used for investing. Investment Objective Your primary goal is to keep...

If you don’t have any debt or you’re in no hurry to pay off your low interest mortgage, can CashMap’s Line of Credit Strategy be used for investing? Absolutely! I’ve created a different set of algorithms to create some impressive outcomes. Recap of Our Example Your take...

There’s nothing like creating your own scenario to understand a new concept. A picture may be worth a thousand words but creating your own picture is even better. I was asked to create a user friendly excel calculator that would enable users to create their...

You’re interested in using CashMap’s Line of Credit Strategy. You’ve optimized your average daily balance by scheduling payments for your day-to-day living expenses to the 28th of the month. Your budget is done and as expected, it’s a work in progress – some months have...

It happens to all of us! You’ve created your goals, you’ve collected and reviewed every receipt and you created your budget. The first few months are great – not only did you meet your cash flow goal; you ended up doing better than you anticipated....

This past week, I conducted a seminar on managing debt. I stressed the following three points. 1. Cash is king! 2. Before borrow, estimate the future value of the asset you are purchasing with your loan. 3. Keep your options open but implement your plan to quickly paying...

You Don’t Have to Pay Banking Fees! Shareholders expect a return on their investment. If a company doesn’t operate profitably, they will close. Executives are always looking for new ways to both make money and save money. Isn’t the same true for each of us? Of course!...