Normally, household budgets don’t change drastically from year to year. The costs of some items may increase while others may drop, and usually the quantities purchased change slowly. Needless to say, these are not ordinary times.
School may be out for summer, yet you can still find the time to teach your kids about money — and it doesn’t have to be boring.
“Some parents think they need to have the ‘money talk,’ but it’s actually easier and more fun to do it within the context...
COVID-19 is a prime example. The pandemic affected many people's jobs, their health and other aspects of their lives. This crisis makes it easy to feel like no amount of planning is ever good enough.
However, there are seven money rules that will help you build a solid financial foundation....
It’s exciting to have money. But as the saying goes — with great power, comes great responsibility. And in a capitalistic society, money is extremely powerful as it’s how we pay for the goods and services required for everyday life.
If you’ve been in business long enough, you’ve dealt with customers who are down on their luck. They may need to make installment payments over a few years to be able to afford their next purchase.
You don’t know if they’ll even be able to make the payments, but maybe...
The No. 1 thing I’ve learned since I started my career in accounting is that there's always more to accounting for an event than you’d think.
When you purchase a new truck, you don’t expense it right away; it gets depreciated over many years. When you sell inventory, you have...
Even in a financial crisis, credit scoring still works the same as it always has. But managing your credit may look a little different now as the coronavirus pandemic leads to widespread financial upheaval.
As money gets tighter, especially if you can’t pay every bill in full, you’ll need to be strategic — and perhaps accept a lower score temporarily.