A balloon payment (also called a residual value) is quite simply an amount of money that is still due after you’ve finished paying your monthly instalments. The goal of structuring a loan with a balloon payment is to make it more affordable on your current cash flow, making it very attractive. They are ideal for both companies and private individuals who are facing a cash crunch in the short term but expect their liquidity to improve […]
Continue reading
Visualisation and stress
Not all stress is bad. But, if left unmanaged and unchecked, stress can become quite unhealthy for us. We all know many causes of stress, but we don’t always slow down enough to think about the specifics that are causing stress in our own lives. Money, health, family, friends, work, safety and security – are all prevalent triggers, and the sheer volume makes it difficult to intentionally focus on what’s causing us stress. One of the […]
Continue reading