Appreciating 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 HillThe current school curriculum does not have any courses which discuss financial literacy. As a result, some states have begun implementing financial literacy courses into the curriculum, which will go into effect in 2023.
by Matin VarshochiOn July 30, 2022, a $1.34 billion jackpot was won in a Mega Millions lottery. As this amount was the second highest recorded in United States history, it is the perfect time to go over the process of winning the lottery, from the luck it requires to how the winnings can be claimed and the disadvantages of winning a lump sum of money with practically no effort.
by Matin VarshochiNot 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.
by Sheena AllenIt starts with the desire to play NCAA basketball, become a national champion, and improve their chances of getting drafted. Players, such as Jalen Green and LaMelo Ball, forfeited the college route as rules prohibited players from earning money.
by Matin VarshochiWith the current tax season underway, now is the time to receive a refund from the Internal Revenue Service (IRS) for tax returns made regarding the prior year's income. Last year, the average tax refund amounted to $2,800 for individuals and families.
by Matin VarshochiMany up-and-coming athletes gain mainstream media attention starting in high school. Young people who receive media attention typically obtain various endorsements and an abundance of money by extension.
by Matin VarshochiA Uniform Gifts to Minors Act (UGMA) is an investment account for minors, allowing adults to give or transfer assets into the underage person’s account to help them save for college or be financially independent.
by Matin VarshochiSaving for retirement is essential for living a comfortable life after working for many years. Depending on the line of work, different types of Individual Retirement Accounts (IRAs) are available to help a person maximize their retirement savings.
by Matin VarshochiThe Netflix Original TV show Squid Game provided a series of nail biters, plot twists, and lessons about money.
by Sheena AllenThe New York Times Bestselling book, Atomic Habits by James Clear, changed my perspective on the importance of building good habits. I figured it would be best to implement it into one of the most important aspects of my life — my finances
by Derrick Herbert