Paying Off Debt on a Low Income: A $2,500-a-Month Example
How to pay off debt fast with a low income: a realistic plan for $6,000 of card debt on $2,500 a month, and how much each extra $50 saves.
A Simple 13-Week Cash Flow Forecast for a Small Business
How to build a 13-week cash flow forecast for a small business, with a worked weekly example that spots a cash crunch in advance.
Inventory Turnover: How to Calculate It and What’s a Good Ratio
Inventory turnover ratio: the formula, days of inventory, a worked example, what counts as a good ratio and how faster turnover frees cash.
Credit cards
The Credit Card Minimum Payment Trap: What Paying Only the Minimum Costs
What paying only the credit card minimum payment really costs: how minimums are calculated and how long they take on 4 balances.
Credit cards
Credit Card Cash Advances: Fees, APR and Cheaper Alternatives
Credit card cash advances explained: fees, cash advance APR, how interest is calculated from day one and cheaper alternatives.
Credit cards
Late Credit Card Payment: Fees, Penalty APR and What to Do Next
Late credit card payment? What happens at 1, 30 and 60 days late, the penalty APR and four steps that limit the damage.
Loans
Debt-to-Income Ratio: How Lenders Calculate It
Debt-to-income ratio explained: the DTI formula, what lenders consider good, a worked example and how to lower yours.
Loans
Paying Off a Personal Loan Early: How Much It Saves
Paying off a personal loan early: how much interest it saves, five strategies compared on a $10,000 loan and prepayment penalties.
Debt
How to Pay Off $10,000 in Debt in One Year
How to pay off $10,000 of credit card debt in a year: the monthly payment at three APRs and a five-step plan to find the money.