It’s the Bigfoot of the financial world; a perfect credit score. AKA, the highest score a person can get. This mythical and elusive number for the FICO Score is 850. And, for those unaware, FICO Scores range from 300 to 850. Due – Due In reality, there are Americans with 850 FICO Scores. As a … Read more
Cryptocurrency professionals are beginning to issue warnings of a forthcoming “crypto winter,” in which interest in cryptocurrency significantly dies down. But are we truly headed for this eventuality? Or, are there causes for optimism that outweighs these predictions? Due – Due What Is a Crypto Winter? Crypto winter is a relatively new term, and it’s … Read more
When your kids become teens, you’ll need to show them the ropes. From learning how to become an adult in society to saving for a house or retirement, it may seem like you’ve got a lot to teach them. Teaching your teens the basics of budgeting will help them deal with real money throughout their … Read more
Investing in real estate is one of the oldest forms of investing and many people consider it to be a safe investment compared to other more volatile investments like stocks. This is because traditional real estate investing, or buying rental properties, provides more stability than the stock market does. Due – Due When you buy … Read more
Cash flow is the name of the game for landlords. Positive cash flow ensures your rental properties turn a profit, while negative cash flow indicates your investments are nothing more than financial drains. And while there are literally dozens of factors that influence cash flow – including the types of properties you invest in, the … Read more
Choosing the right credit card as a senior or retiree can sometimes be tricky. There are many options available, and it’s essential to find one that offers the best benefits for your current needs. Unfortunately, those needs and our preferences change as we age, so the card that was our ideal fit in our twenties … Read more
The average monthly mortgage cost in the US is $1,492 per month according to data from Value Penguin. As such, it’s typically one of the largest line items on a person’s budget. Due – Due If homeowners want to reduce this monthly payment faster, there are several mortgage hacks you can implement that will save … Read more
Businesses benefit from getting paid as quickly as possible, enabling more cash flow and smoother financial processes. But it can be challenging to get your customers to pay you quickly, especially when delaying payment is a growing trend that took root well before the pandemic. Due – Due With this in mind, what strategies can … Read more
Investors have turned to both gold and cryptocurrency as alternative investments meant to keep their money safe. But how does crypto compare to gold? What are the advantages and disadvantages of these currencies, and should an investor consider one over the other? Due – Due The Many Types of Crypto First, let’s establish that there … Read more
This story originally appeared on Due Money management is an important life skill that everyone should learn. Unfortunately, many people go through life without ever learning about personal finance. That’s why it’s important to start teaching your kids about money early on. There are a lot of great financial literacy books for kids and teens … Read more