Should You Pay Down Your Debt or Invest in Your Business?

You want to pay down your debt, but your income has been about the same amount for the past two years. Ideally, you’d like to redesign your website, hire an employee to assist you at your business, buy a MacBook Pro, and begin establishing a social media presence. But your credit cards and any other outside debt are killin’ you. Much of this may be linked back to the fact that you could be spending around $200 a month in additional interest which could be going towards trademarking a logo design or buying some software you really need.

You feel stuck because you are not sure what to do – pay down the debt or invest in your biz? If you rack up more debt, you will just dig a bigger hole for yourself. If you make the minimum payment on your debt, you won’t chip away at reducing it. Total deer in the headlights moment. Continue reading

Can Small Loans Help Advance your Career?

In today’s economy, it can be a challenge to find a job or a career right out of college. Chances are you currently don’t have enough money or aren’t making enough money at that part-time job to afford the things you need to advance your career or find that dream job with. Maybe you just graduated with an art degree and want to build an amazing online portfolio, but you need a new iPad to do it on. Maybe you have a degree in business, but can’t afford the professionally tailored suit you need for your first major job interview.

The problem of not making enough money to help get you to the career you want is fairly common for recent grads. However, with small loans and cash advances, you can find the tools you need to have the career you want. But that doesn’t mean you have a limitless source of free money. Borrowing can advance your career, but it must be done responsibly. Before you begin taking out loans and racking up debt, there are a few questions you need to consider. Continue reading