The 50/30/20 rule is a budgeting strategy where you spend 50 percent of your income on essential needs, 30 percent on wants and 20 percent on savings.
Needs are things you absolutely must have. The 50/30/20 rule says you should spend about half of your take-home pay on these…
A few years ago, Jim Wang, a 39-year-old father of three, bought a new home in Fulton, Md. A high credit score helped him land his mortgage, but after the dust from the move settled, he was able to continue reaping the rewards of his financial prowess…
Experts say a diversified portfolio is key to weathering any market. But you may be confused as to whether your money is truly diversified. We’ll show you easy ways to diversify your portfolio.
A diversified portfolio invests in different asset classes like stocks, bonds and real estate to minimize risk when one asset class falls in value…
Are you preparing to start your own business but uncertain about how to get started? A business plan ought to be one of the first steps in your entrepreneurial journey because it will organize the ideas that have been spinning around in your brain and prepare you to seek funding…
When you start out in the business world, instincts tell you to sell your product or service to everyone. It’s understandable — why would you deliberately choose to exclude a portion of potential paying customers?
But I want to challenge that notion and explain why niching down makes everything else you do in your business much clearer…
Self-care isn’t all candle-lit bubble baths and foaming face masks. Those things definitely fall into the self-care category — and are, some would argue, crucially important — but there are many ways to practice self-care, including with your wallet.
According to a new survey from CreditWise, released…
Signing up for a bank account is usually easy. But just as an application for a credit card might not be approved, a bank or credit union could deny an account application.
If this happens to you, be aware that you have other options. However, it’s a good idea to try to learn why the bank made the decision…