For accountants, your personal net worth is one of the simplest calculations they might be asked to perform. Add up your assets in column A, add your debt in column B, then subtract B from A to find your net worth. It’s a number you should know, or at least be able to estimate, and it’s good to check it every year. When you do, don’t forget all of the value that might not translate into worth.
Several economic studies have confirmed the existence of a so-called “pink tax,” an inflated price attached to goods and services specifically marketed to women. While theories abound to explain the pricing discrepancy, its existence seems clear. On everything from razors and deodorant to car repair and haircuts, women are expected to pay more for products marketed directly to them. In many cases, marketing is where the differences stop.
Whether you’re a long-time home owner or you’ve just started shopping for your dream house, you’ve seen stacks of papers full of acronyms. Buried amid the dense undergrowth of legalese are three letters that could be costing you more than you think. Be on the lookout for PMI: Private Mortgage Insurance.
Retailers across the country expect big sales for the first quarter of the year. They know this is the time of year when 75% of Americans get a big check in the mail courtesy of Uncle Sam. Nobody likes filing their taxes, but everyone likes getting a refund. It’s free money, right? Whoa … hold that thought for a moment. Before you celebrate your sudden windfall with a new big-screen TV, think about how your refund gets there. It might not really be the free money you think it is.
When the biggest rapper on the planet releases his first album in years, it’s an enormous event. When a rising star in the fashion industry debuts a long-awaited new clothing line, it’s huge. Kanye West is both of those people, producing critically acclaimed and chart-topping hits with every album he’s released, while his shoes sell for $16,000 on eBay (please note, we do not currently offer 30-year-term sneaker loans).
Want to go into business for yourself? Here are some of the things you need to know!
I have a stable full-time job. But I’m not fulfilled. I’d like to start my own business. How do I know if I’m ready?
Millions of Americans dream of starting their own business. The risks are high, and many small businesses fail. But the rewards are high, too. Entrepreneurship isn’t for everyone. Before you quit your job, here are some questions to ask yourself:
Every year, the Detroit Auto Show brings in visitors from around the world to see the newest models from major car manufacturers. The Consumer Electronics Expo gives us a chance to see all the new gadgets that will be on our wish lists come holiday time. Penny Arcade Expo unveils the year’s new video games that our teenagers will be using to ignore their homework.
Why is the cable/satellite bill so frustrating? Is it because the bill seems to go up every so often (and 2016 will be no exception) for reasons that are, at best, baffling? Is it the customer service which is, at best, infuriating? Or is it that feeling you get when you’re flipping past channel after channel that you never watch, making you realize you’re paying for something you don’t want or need? That feeling is, at best, unsatisfying.
We all learn by example. And there are many shining examples your kids can follow to get started on the path to success.
Their most important role model will probably be you, especially at first. It’s natural for children to look up to parents and absorb their values and experience. And that is all well and good, but it doesn’t hurt to bring in some outside reinforcements for additional inspiration.
It’s that time of the year again: a combination of New Year’s resolutions and the start of tax time has many of us looking for a place to donate money. It can be difficult to figure out which charity is most deserving of your money and how to make your charitable donations work best for your financial situation.