Financial 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. 

To help low-income individuals and families rent affordable housing, the United States Department of Housing and Urban Development (HUD) began giving out housing vouchers. But recently, there has been some controversy regarding whether landlords have the authority to refuse tenants’ rent vouchers

The 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.

Finding a dream home requires its fair share of saving, planning, and research. Starting early, before venturing into your buying first property, can help ensure that you find a home that fits your style and budget.

Since the beginning of the COVID-19 pandemic, many people took advantage of the low-interest rates and decided to purchase a house. As many others had a similar thought process, the demand for housing began to rise.

On June 18, 2022, Bitcoin’s price dropped under $20,000 for the first time since December 2020. Bitcoin showed a remarkable growth during the COVID-19 pandemic, especially during the lockdown era, with the price of the digital currency surging by 300%. However, as the famous saying goes, “The higher they rise, the harder they fall,” which is what Bitcoin is experiencing.

In 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.

Homeownership is one of the most common forms of building wealth.

Darius Pettway is the Co-Founder of Pettway Estates and KidVestors. Darius is passionate about helping people learn about real estate and build wealth in the process. He is also determined to educate and empower the youth regarding financial literacy through his company, KidVestors.

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.

One of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.