Resource Library

More quick resources to get your money working for you

You’re ready to shop around for the best deal for your line of credit. If you’ve already have a line of credit but haven’t used it, you’re ready to ask your banker a few key questions so you can begin putting your lazy dollars to...

Over the last three posts, I’ve been showing you how to use your line of credit to build financial wealth. Yes, for many of you this sounds like a scam and you wonder why you’ve never heard of this before. We all know the adage,...

We all know the adage, ‘a picture is worth a thousand words’. Let’s look at the picture of your line of credit. We’ll move to the second month. Let’s began by reviewing your basic information. Basic Information You deposit $5,025 in the bank each month, your monthly...

Let’s continue looking at the picture of your line of credit that we created. Let’s recap the basic information. Basic Information You deposit $5,025 in the bank each month, your monthly expenses total $4,025 (This includes your mortgage payment of $1,364.40) and you have a $15,000 line...

Basic Information You deposit $5,025 in the bank each month, your monthly expenses total $4,025 (This includes your mortgage payment of $1,364.40) and you have a $15,000 line of credit that charges an interest rate of 4.5 percent. A Picture is Worth a Thousand Words We’ve all heard...

Can Banks Make Bigger Profits by Coaching Customers to Use Their Line of Credit Wisely? I’ll answer this question in this post. American’s are Financially Illiterate On June 4, Today’s Money featured an article by Kelly Holland, ‘America’s grade for financial literacy: F’. I encourage you to read...

Can Banks Make Bigger Profits by Coaching Customers to Use Their Line of Credit Wisely? You asked the question, ‘Won’t a bank lose money if they taught consumers how to use a line of credit to get out of debt, save thousands of dollars and build...