Loans A Debt Overview: Getting to Know the Money You Owe Debt comes in a few different flavors, including secured, unsecured, revolving, and installment debt.
Loans If You Need a Debt Repayment Strategy We Have Three Effective repayment strategies help us manage debts responsibly and develop a plan to become debt-free.
Side Hustle A Side Hustle Can Be Your Financial Backstop In times of uncertainty, a second income, i.e. a side hustle, can be a backstop against financial emergencies like job loss.
Side Hustle 5 Benefits of Freelancing You Should Know About Becoming a freelancer isn't for everyone, but it can give you a level of control and freedom you've never had before. Learn the benefits of freelancing here.
Money 4 More Reasons Business Ownership Builds Wealth Business ownership is an opportunity for capital appreciation, financial security, tax benefits, and flexibility. These are four more reasons YMH believes ownership is a path to wealth building.
Budget How to Create and Stick to a Zero-sum Budget Plan Zero-sum budgeting allocates every penny of monthly income to some positive purpose.
Budget A Brief Description of the Consumer Price Index The Consumer Price Index can have a significant impact on an individual's personal finances.
Budget Payday Loans: A Descent into Debt with the Devil Payday loans are never a good option to handle a financial crisis. In fact, they can create a devilish cycle of debt.
Credit What Does Tradeline Mean on My Credit Report? Tradelines are credit account records appearing on your credit report that provide crucial information about your credit history. Learn the importance of tradelines and how they impact your credit score.
Side Hustle A Virtuous Cycle of Newsletter Growth Newsletter creators —publishers— can use advertising, monetization, and optimization to create a virtuous cycle of subscriber growth and profit.
Credit How Do I Dispute an Error on My Credit Report? Sending a dispute letter is one of the best ways to dispute an error on a credit report.
Budget How to Create and Stick with a 50/30/20 Budget Plan Managing your budget can be a daunting and overwhelming task. There can be so many expenses to consider, it can be hard to know where to start. That's why the 50/30/20 budget plan can be a good tool for budgeting success.
Retirement What You Need to Know About RMDs in 2023 In December 2022, the U.S. Congress passed the SECURE Act 2.0 which included several changes that impact retirement, including changes to when retirees must take distributions.
Money Five Books that Focus on a Biblical View of Money Christians believe that God is sovereign, meaning that he is the supreme ruler. God governs everything in the believer's life, including the believers money.
Budget How to Create and Stick With a Successful Reverse Budget Plan A reverse budget plan is a powerful tool that can help individuals achieve their financial goals and create long-term wealth.
Side Hustle Side Hustle Definition: What is a Side Hustle? Side hustle: work done for income in addition to one's primary job.
Money An Ultimate Guide to Understanding the FHA 203(k) Mortgage A 203(k) loan is a mortgage product that enables borrowers to finance the purchase of a house, as well as its rehabilitation or renovation costs, in one single loan. It's perfect for those interested in breathing new life into an older home, with the same monthly payment.
Saving Make Saving a Habit: The Benefits of Setting Up an Automatic Savings Plan Automatic savings and investing plans, as well as making other financial decisions that can help to build wealth automatically, rather than relying on conscious effort and discipline.
Side Hustle Gig Economy Definition: What is the Gig Economy? Gig Economy: A term referring to a labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.
Saving Emergency Fund Definition: What is an Emergency Fund? Emergency fund: A savings account set aside specifically for unexpected expenses or emergencies.
Budget Budget Definition: What is a Budget Anyway? Budget: A plan for how you will allocate your income and expenses over a specific period of time.
Taxes 5 Tips for Avoiding an IRS Audit An IRS audit does not necessarily mean that there is anything wrong with your tax return. And, frankly, many folks report that they are not all that bad, generally, but there are still reasons to want to avoid an audit.
Retirement The 4% Rule of Retirement The four-percent rule suggests that you should never run out of money in your retirement portfolio. The balance will fluctuate with the market, but there would always be a substantial sum.
Budget Japanese Financial Journaling: What is Kakeibo? The principle of kakeibo is simple: Track your spending.
