Paying off debt might seem like the most important thing to do for your financial health, but building up a savings buffer is just as critical. That way, when unexpected expenses come up, you’ll have funds set aside — and you won’t fall deeper into debt…
How does payment history affect your credit score?
As my readers know, I am all about paying your bills on time all the time. Doing so is what is best for your credit score and your overall financial health, plus it is just the right thing to do. Let’s dig into how payment history factors into your credit score and see if we can shed some light on why that is so…
What is my liquid net worth?
Calculating net worth and liquid net worth can provide two valuable snapshots of someone’s financial health. Both look at what someone owns and what they owe. Both can help measure how someone’s progressing towards their goals.
But while net worth offers a more panoramic view — taking in all…
14 financial words you need to understand
You hear money jargon everywhere — whether in conversation, online or blaring from the TV and radio.
Yet, how many of us know what terms such as APR, expense ratio and ETF actually mean?
5 crucial financial lessons for kids of all ages
There may never be a better opportunity than now to teach your kids about money.
Many parents are likely spending more time with their children thanks to closed summer camps and virtual schooling brought on by the coronavirus pandemic.
3 reasons why you should always know the financial health of your business
Entrepreneurs are busy people, and for efficiency’s sake, you need to delegate many tasks that others can do just as well as you can. Outsourcing is cost-efficient, as long as it makes sense — particularly for administrative tasks such as creating graphics, social media posting and other tasks that can be performed just as well...