January is a good time to look at our finances and make resolutions to spend less, follow a budget more or start saving. With the financial crisis occurring in other countries and reports of large consumer debt in Canada, there has been a move to recognize that we need to be more informed about money …
Tag Archive: borrowing money
Permanent link to this article: http://www.thetaxsmartcoach.com/team-resources-the-western-producer/
Nov
04
Borrowing From the Family Bank
The best loans may be signed across the kitchen table, not a banker’s desk. Tapping Mom and Dad for the funds to finance a home, start a business, or build a nest egg lowers the borrower’s rates and allows the senior generation to still collect modest interest payments. Both generations can benefit because the loan …
Permanent link to this article: http://www.thetaxsmartcoach.com/borrowing-from-the-family-bank/

