ROI, KPI, MoM; if you’re a new business owner, a lot of these acronyms can sound like mumbo-jumbo. However, as you know, the words behind the acronyms can be key indicators of your business’ success, with one of those key indicators being your business’s Profit and Loss (P&L) statement. A P&L statement is an essential […]
What is a P&L Statement (and do I need one)? Read More »
Late payment notices; calls from debt collectors; bills piling up. If you’re struggling with an immense amount of debt that you just can’t seem to crawl your way out of, you may have considered declaring bankruptcy to feel some sense of relief. There’s never one specific reason that makes a person decide to declare bankruptcy
Considering Declaring Bankruptcy? Read This First Read More »
When it comes to paying down debt, the mindset of “the faster, the better” often takes over. But what about preparing for your future? In order to reach long-term investment goals, and reap the benefits of long-term compounding interest on those investments, you need to allocate a dedicated amount of funds each month. So, if
Should You Invest, or Pay Off Debt? Read More »
If you’re screening calls from debt collectors and dodging late payment notices, just know that you’re not alone. According to a recent survey conducted by Rand Corporation, about 30 percent of households across all income levels have difficulty paying their bills, and the aftermath of the COVID-19 pandemic, paired with rising inflation, is only making
How to Catch Up When You’re Behind on Bills Read More »
Let’s face it – saving money can be hard. Especially saving up a large amount, like $22,000, for example. Whether you have a big purchase in mind – like buying a home – or want to boost up your savings for retirement, large goals can seem more like a far-off dream without a proper plan
How to Save $22,000 in 2022 Read More »
It’s not all in your mind – prices on just about everything are climbing, fast. In part due to the aftermath of lockdowns and supply and labor shortages from the COVID-19 pandemic, the US inflation has peaked at a 40-year all-time high. Pile that 8%+ increase in the average cost of everyday necessities, from gas
Avalanche vs. Snowball Method: Which is Right for Me? Read More »
Building up retirement savings can feel daunting, but you likely know that the sooner you start saving for retirement, the more you’ll be able to put away for your future. And, when it comes to building that savings, you have a lot of options available to you, including a Roth IRA. What exactly is a
What is a Roth IRA (and does it make sense for you)? Read More »
For the majority of us, buying a home is one the biggest purchases we’ll make in our lifetime, and it makes sense why. From high down payments to expensive closing costs and fees, Americans are required to put down a lot of cash. And that’s all before the first mortgage payment is even due. So
Want to Buy a House? Do These 3 Things First Read More »
