How to Cope With Reverse Culture Shock
Reverse culture shock is an intense and often uncomfortable experience. It can take you on a roller coaster ride of emotions. Fortunately, there are...
Lease Extension
What is a lease extension and why would you need one
A lease extension is when a tenant and landlord agree to extend the length...
Leadership Grid
How to Use a Leadership Grid to Identify Leadership Styles
A leadership grid is a powerful tool to help you understand the areas in your...
Housing Expense Ratio
What is the housing expense ratio and why is it important
The housing expense ratio is a key metric used by lenders to determine whether...
Important Facts About IRS Publication 463
If you own a business, you may want to study Publication 463. This document contains information about deductions for qualified business expenses. You can...
Lender of Last Resort
What is a lender of last resort
A lender of last resort is a financial institution that provides loans to banks or other financial institutions...
Voluntary Lien
What is a Voluntary Lien
A Voluntary Lien is a debt that the borrower has agreed to pay. This type of debt is often in...
Attorney-In-Fact
What is an Attorney-In-Fact
In the legal world, an attorney-in-fact is someone who has been appointed to act on another person's behalf. This can be...
Ballpark Figure
Three Reasons to Use a Ballpark Figure
A ballpark figure refers to a general, informal estimate. It's an adaptation of the earlier phrase "in the...
Certainty Equivalent
The Concept of the Certainty Equivalent
The concept of the certainty equivalent is closely related to the concept of risk premium, which is the additional...