When it comes to managing your finances, understanding the concept of liquid assets is essential. Liquid assets are assets that can easily be converted into cash without losing their value. These assets are crucial for financial stability and flexibility, allowing you...
In life, we expect that things will not always go smoothly. Unfortunately, it’s a reality that emergencies do happen, and the best thing we can do is be prepared for them. However, many Americans are not as prepared as they think when it comes to coping...
Paying off debt can be overwhelming, especially when there’s a lot of it and you’re not sure where to start or what’s going to be more effective with as much (or as little) as you can pay right now. The debt snowball method has become increasingly...
Hedge fund managers, financial journalists and other self-described experts have tried to get an edge on the stock market for more than a hundred years, but research shows that even the most well respected active investment funds struggle to outperform the overall...
Debt is hard to avoid. It’s absolutely everywhere from the second you turn 18. Maybe it starts with student loans then morphs to a credit card “just for emergencies.” Your definition for emergencies loosens and starts to include gas, food, rent,...
It’s no secret that college is expensive. In 2018, NerdWallet reported the total outstanding student debt from federal loans alone is $1.5 trillion dollars! Significant debt negatively impacts your credit score, as well as that of any co-signers you may have. In...
