The idea of having children can be sweet when you think about all the special moments like the cuddles, hugs, and kisses. But the reality of having children is that they are a huge responsibility, especially regarding your finances, as a recent estimate says caring for a child costs $300,000.
by Matin VarshochiAppreciating and depreciating assets both serve an important role in your financial portfolio. Knowing the difference between the two and how to use each one to its greatest effect can maximize their value as you build your wealth.
by Pam HillOn August 24, 2022, Subway announced their $15 Footlong Pass for the month of September. This test trial aims to determine whether its consumers are willing to pay a subscription fee to receive discounts on their food. Depending on its success, it could change how Subway functions in the future.
by Matin VarshochiFinancial statements are often thought of as something that only companies need worry about, but a personal financial statement can help you track your financial health and hone in on trouble spots and opportunities.
by Pam HillOne of the simplest ways to secure financing is through a line of credit. The application process for lines of credit tends to be quicker and less involved than for other types of financing such as business loans, personal loans or mortgages.
by Pam HillIf you find yourself routinely having more month than money, then it may be time to embrace a more structured budgeting approach by starting from zero, zero-based budgeting, that is.
by Pam HillAfter receiving medical care, a bill must be paid off. Typically, if someone has health insurance, the insurance company will cover all or a portion of the bill. Some may have little to no income, which makes it hard for them to afford insurance, which leads to accumulating debt.
by Matin VarshochiThe Coronavirus pandemic caused financial uncertainty for individuals and businesses. Some companies laid off employees to cut costs and maintain revenue.
by Matin VarshochiOn August 12, 2022, the Inflation Reduction Act was introduced. The Act determined the Internal Revenue Service (IRS) should receive an additional $80 billion over the next ten years to help with tax enforcement on high-net-worth individuals.
by Matin VarshochiProfessional athletes in their late teens or early twenties earn millions of dollars. Unfortunately, as we have seen from some of our former favorite athletes, many spend more than they save and invest.
by Matin VarshochiCredit ghosts are people who have no credit score, but they could improve their financial situation by building credit. Here's what is a credit ghost and what to know if you are one.
by Sha'Kreshia TerrellIn a report released by the National Bureau of Economic Research (NBER), it was seen that the GDP level had reduced a second time, which is the usual indicator of a recession. However, despite the data showing a reduction in consumer spending, the NBER has announced they believe the economy is not in a recession.
by Matin VarshochiDuring the pandemic era, students were provided free school lunches to ensure they did not go hungry. However, as pandemic restrictions have begun easing up, the Universal Free Meals program has ended, which has left many students and families wondering how they can receive access to meals while at school.
by Matin VarshochiOn Wednesday, July 13, 2022, crypto bank Celsius filed for Chapter 11 bankruptcy. The digital asset firm mentioned extreme market conditions led to a surge in customer withdrawals, ultimately hurting their operations.
by Matin VarshochiScholarships are the best option for getting a college degree debt-free. Here’s how you can get a free education by using scholarships.
by Shaun Morgan