The Debt-to-Income Ratio Calculation
When you apply for a new loan, the lender looks at a few major factors to decide if you’re a good candidate. The first is your credit score and the second is your debt-to-income ratio (DTI). Your DTI tells lenders if you can afford the loan. If it’s too high, you’re...
Hosting A Holiday Party Without Going Broke! #MoneyChat
A lot of times, we commit to something months in advance and then when it comes time to do it, we almost wish we hadn’t. This often happens with holiday parties. It sounds good in October when things are light and you are excited about the upcoming festivities, but as...
How to Avoid Burnout in your Business
Small business owners commonly take control of everything in their business. They burn the candle at both ends, which can quickly lead to business burnout. Even though your business is ‘your baby’ and you want it to be its very best, you can’t pour from an empty...
Starting a Business with your Own Money
You want to start a business, but need money, right? You can borrow and pay interest or you can start a business with your own money. There are advantages and disadvantages to using your own funds which we discuss here. Using your own money means you avoid interest –...
Hi. I'm Dorethia.
I started teaching people about money as part of my own financial freedom journey as a single mom and never looked back.
