Marques Murrey is the Co-Founder of Black, Married & Debt Free, which he operates alongside his wife, Shyra Murrey. Marques is a real estate investor and financial coach who shares his best money advice on his website, YouTube channel, and podcast.

Currently, due to various domestic and international events going on right now, the United States (U.S.) economy is performing poorly. From high gas prices to even higher inflation rates, some people are speculating the worst.

On Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.

A secured credit card requires the cardholder to make a security deposit, whereas an unsecured credit card doesn't. Both can be a great tool for building a positive credit history and improving your credit score; each has its advantages and disadvantages.

Not everyone wishes to attend a four-year university or pursue a bachelor's degree or higher; thus, they turn to jobs that do not have a post-secondary degree as a job requirement.

You'll often hear people throw around the term generational wealth in the financial space. More recently, it has become a trendy word amongst everyday people, in part credited to a time when the topic of investing and wealth has taken center stage.

Elon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.

On March 9, 2022, Amazon approved a 20-for-1 stock split. The split means that each shareholder, by the end of May 27, 2022, will receive 19 additional shares when the transaction occurs.

Due to COVID-19, everyday items have begun rising in price. For example, according to a report released by the Bureau of Labor Statistics, certified pre-owned cars have raised in price by 41.2%.

The historical event being reviewed is the Dotcom Bubble, which plummeted tech stocks of various companies, some of which are still around today. Between 1995 and 2000, the NASDAQ Composite Index, which tracks most of the stocks traded on its stock exchange, rose by 582%.

Overseas events such as the invasion of Ukraine often reach beyond their borders, impacting global financial markets, energy prices, and mortgage rates.