On 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 VarshochiReal estate investing doesn’t have to be expensive. Many opportunities abound at a price of $1,000 or less, from real estate mutual funds to tax lien certificates. In this guide, we’ll share five ways to invest in real estate for $1,000 or less.
by Pam HillIn the first quarter of 2020, when the COVID-19 pandemic first began, household wealth declined. However, since then, it has continued to rise, until now. A new recent report released by the Federal Reserve looked at the wealth of households and highlighted key financial data regarding where money is rising and falling.
by Matin VarshochiA company’s balance sheet provides a snapshot of the company’s financial position. A company’s income statement shows the company’s gains and losses. A company’s cash flow statement shows how much cash is coming in and out of the business.
by Matin VarshochiPresident Joe Biden recently announced that the government has canceled $11.5 billion in student loan debt. Currently, the outstanding student loan debt is $1.73 trillion, according to the Federal Reserve.
by Nailah HerbertEquity allows investors to build long-term wealth by holding a stake (the amount of stock an investor owns) within a company. Being an investor, and particularly an early investor (or stakeholder), comes with risk.
by Sheena AllenMany of us read the Forbes list every year, seeing people like Rihanna's net worth listed at $1.7 billion or Dwayne “The Rock” Johnson's net worth listed at $800 million. More recently, Forbes reported that Tesla founder Elon Musk, the wealthiest man in the world, has an astonishing $256 billion net worth.
by CapWayThe three major credit bureaus Equifax, Experian, and TransUnion, are now offering free credit report checks every week until April 2021.
by Nailah HerbertAssets are a key part of a company’s financial position and are crucial for generating income. Since many different items can be classified as an asset, below are various types of assets that a person or corporation owns that may financially benefit them.
by Nailah HerbertTo become financially successful in the long run, one must make a series of smart decisions. As a person’s main goal should be to try and achieve financial independence, below are some tips that could help you expedite your financial success.
by Nailah HerbertGood financial habits are key to bettering your personal finance. Controlling your money takes discipline and implementing effective practices. Not everyone will have control of their money, but steps can be taken to get there.
by Nailah Herbert