New businesses must balance the twin pressures of large outflows of cash against limited inflows. Developing a financial management plan and closely monitoring cash flow are among several business moves that can position a new entrepreneur for success.
by Pam HillYou'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.
by Shaun MorganMoney shouldn't be a taboo topic of discussion. April is financial literacy month and it is all about spreading awareness about the importance of financial literacy.
by Sha'Kreshia TerrellWe have built a world that operates almost entirely on the accumulation and proper use of money. And yet, the basic skills of how money works are a mystery to most.
by Shaun MorganThe 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%.
by Sheena AllenFrida Leibowitz and Rachel Lauren are the two women founders behind Debbie. Debbie is the first digital platform that helps people pay off their debt, build better financial habits, and financially reward them as they navigate their debt-free journey.
by Viviana VazquezTraveling with a family can be stressful, but it can also break the budget super easily. That's why it is important to be as budget-friendly as possible. So here are seven tips for a budget-friendly family vacation.
by Shaun MorganOf course, it is easier said than done but living a healthier lifestyle comes with many financial benefits. You have heard it before, 'health is wealth' and it truly is. Having good health is one of the greatest assets you can attain.
by Sha'Kreshia TerrellThere are four common budgeting styles: the line budget, the 50/30/20 budget, the zero-based budget, and the envelope (cash) budget. Choosing a budget that best fits your lifestyle and financial situation is important. A budget can help you save, track spending, and build wealth.
by Shaun MorganMany Americans are struggling with handling their finances due to various reasons, and it’s starting to take a toll on their mental health. During the COVID-19 pandemic, mental health woes have increased in many young adults.
by Nailah HerbertMany feel that they don't have a lot to invest. No matter the size of your paycheck, you can get started investing! Getting started investing with a little can add up a lot! Make a strategy that works for your paycheck!
by Nadia C. VanderhallChoosing between different investment vehicles can be exhausting, especially since there are so many. But assuming you've narrowed it down to a 401(k) and an IRA there are three questions that you can ask to help you consider which option to choose.
by Shaun MorganSaving 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 VarshochiHolidays are incredibly emotional times, and the number one reason that we spend money is our emotions. Credit card rewards hacking is one of the best hacks for automating your savings.
by Shaun Morgan