Accounting: The process of recording and reporting financial transactions. Accounts payable: Money owed by a business to its suppliers or creditors. Accounts receivable: Money owed to...
Auto loans are a popular way for individuals to finance the purchase of a new or used vehicle. These loans can be secured or unsecured, meaning...
Financial literacy is understanding and using financial knowledge to make informed decisions. With the average American holding a debt balance of $96,371, it is an essential...
How Do You Build Wealth: Invest in Financial Assets is the latest article from our “How do you build wealth” series Read “How Do You Build...
A creditor with a default judgment against you can levy your bank account, garnish your wages, or both. If a creditor sues you, you must respond...
Biggest Financial Crimes: Countrywide Financial Corporation The opacity of the financial industry and complex business operations allow certain groups of organizations, financial and non-financial institutions, and...
Intergenerational poverty is a condition where poverty is passed down from one generation to another. The poor decisions that parents make affect children over several generations...
Buying a home for the first time might be difficult, especially right now with the median U.S. home price above $400,000. Understandably, you’d be concerned about...
In America, there is a massive knowledge gap America when it comes to personal finance. This article will explore the current state of financial education in...
Cash-offers give buyers a significant advantage because sellers will take the lowest offer if it’s all cash because they don’t have to be worried about delays...