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You are here: Home / Archives for Finance

Finance | Get the real facts about personal finance.

What Happens If You Default on a Loan Because of the Coronavirus?

February 28, 2019 By Cade Hildreth Leave a Comment

With surging numbers of Coronavirus cases worldwide, more and more people are being furloughed, laid off or asked to take paid leave with no guarantee of job stability. Increasingly, people worldwide are wondering what happens if you default on a loan because you don’t have the cash flow to pay it?

There are six possible outcomes, as described below. If you are tight on money and are defaulting on a loan, you’re not alone.

In fact, around one million people will default on their student loans this year alone, along with all of those who are defaulting on their mortgages. With the Coronavirus pandemic affecting economies worldwide, loan defaults could reach unprecedented new highs.

Given the current health and economic risks being faced by our country, it’s more important than ever to understand the consequences of defaulting on a loan.

[Read more…] about What Happens If You Default on a Loan Because of the Coronavirus?

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Filed Under: Finance, Finance

Fact or Fiction: Does It Take Money to Make Money?

February 27, 2019 By Cade Hildreth Leave a Comment

Looking to start a business with little to no capital and worried it might take money to make money?

Well, there’s good news and bad news.

The bad: 29% of new businesses fail through lack of capital.

The good: you don’t need masses of money to get started. Simply, it doesn’t always take money to make money. Having cash from the outset is an obvious advantage. However, a lack of it shouldn’t dissuade you from giving it a shot.

After all, some of the biggest companies in the world had the humblest of beginnings. Jeff Bezos started Amazon from his garage; Steve Jobs and Steve Wozniak founded Apple in the same way. [Read more…] about Fact or Fiction: Does It Take Money to Make Money?

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Filed Under: Uncategorized Tagged With: business

Top 5 Cities in America to Invest in Real Estate

February 12, 2019 By Cade Hildreth Leave a Comment

Do you have an itch to invest in real estate and you want to do it in the best possible market? Many people choose to invest in real estate because the market offers both safety and growth.

However, investing in the wrong cities may leave you holding the bag on multiple mortgages that drain your bank account.

The key is to focus on growing cities with a thriving real estate market. In these cities, your investment will pay off and grow over time. [Read more…] about Top 5 Cities in America to Invest in Real Estate

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Filed Under: Real Estate

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“As an LGBTQ+ entrepreneur, real estate investor, former USA Rugby Player, and fitness fanatic, I’ll teach you what your parents and teachers should’ve taught you, but didn’t know themselves.” -Cade Hildreth

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