The Impact Factor™ Blog

If You Must Get a Loan Remember Shorter Term = Less Interest

By Holly | October 25, 2012

FFA’s philosophy is to save for emergencies and unexpected expenses. We even recommend paying cash for large ticket items such as appliances, TV’s, home improvement projects, furniture, and cars. However, if you ever have to get a loan, remember this: shorter term = less interest. What does this mean? Let’s use a car purchase example.…

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Shopaholic? 3 Ways to Curb Your Spending

By Holly | October 11, 2012

Like many women, I love to be unique. One of the ways I do this is with what I wear, how I decorate my house, and gifts I give. The upside is I am expressing myself. The downside is these things can cost a lot of money. I’m not a bonafide shopaholic, but I love…

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What is the Grace Period on a Mortgage?

By Holly | October 10, 2012

A lot of my clients have asked me what the grace period is on their mortgage. The answer is it depends on your loan agreement. Typically, a borrower has until between the 10-15th of the month to make his mortgage payment without it being considered late. If payment is received after that, it is late…

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Campaign Season – Inspire Me and You Might Get My Vote

By Holly | October 9, 2012

At this time every four years I go on a “news fast” taking a break from listening to the radio.  It calms me in what feels like a storm of endless political banter.  That being said, I think it’s important to fully understand 1) what’s going on within our government and 2) who is running…

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Welcome to Fundamental Finance Academy

By Holly | October 4, 2012

DO YOU FEEL LIKE YOU DON’T KNOW WHERE TO BEGIN? At the Fundamental Finance Academy, we’ll give you a simple plan to help you understand and manage your personal finances — within the limits of your monthly income and your current financial situation!

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