Category: personal finance

Finances and Marriage: Should You Say “I Do” to a Joint Bank Account?

Marriage is more than falling in love and wanting to be together. It’s a spiritual union that encompasses emotions, legalities, and economics. It brings together two people who promise to share themselves and everything that comes with themselves. How much you share with your spouse says a great deal about the commitment you have to…


These College Kids Bought a Failing Company With Their Bar Mitzvah Money. Now It’s a $40 Million Business

By Liz Brody Fresh Prints is a thriving business that began with a very bad decision. “We bought the company pretty blind,” says Jacob Goodman. This was 10 years ago, when Goodman and his fraternity brother Josh Arbit were students at Washington University in St. Louis. At the time, Fresh Prints was a failing clothing company that sold fraternity, sorority,…


7 Tips for Collecting Rent On Time

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 rates you…


UK House Prices Still Rising Despite Cooling Demand: Survey

UK house prices continued on an upward march in June though the number of new inquiries from house hunters decreased, according to new data. Survey results from the Royal Institution of Chartered Surveyors (RICS) show that 27 percent of property professionals reported a fall in interest from would-be buyers last month. It marked the third…


A Simple Formula to Control Your Spending

Spending can balloon out of control quickly, and with inflation rising, keeping tabs on your money is more important than ever. As you examine your spending, look at the expenses you can’t control. More importantly, take a hard look at what expenses you can control. Analyzing your expenses doesn’t have to be a mystery or…


12 Expenses Successful People Don’t Waste Time or Money on

By Charlene Oldham People have struck it rich by launching social media startups, inspiring wildly successful crowdfunding campaigns, and writing wizard-themed best-selling books. But most successful people have far more boring backstories of accumulating wealth through savvy spending and smart saving strategies. Aside from the occasional indulgence, most financially successful people keep a close eye on…


Americans’ Real Wages Fall Again as Inflation Soars to Fresh 40-Year High

American workers’ real average hourly and weekly seasonally adjusted earnings fell 1 percent from May to June, according to the U.S. Bureau of Labor Statistics on July 13. Though many workers are receiving larger paychecks in the middle of a tight labor market, rising prices are adding pressure to their finances due to inflation outpacing employee…


Your New Gig: Taxes. Navigating Taxes if You’re Self-Employed

Maybe you call it freelancing, or you call it contract work, or you call it gig work. Maybe you have multiple part-time jobs in which you are paid hourly, with no benefits. Perhaps you have started your own business out of your home. In any of those scenarios, you are considered “self-employed’’ by the Internal…


High Inflation Figure Masks Even Higher Cost Hikes of Necessities

The June inflation figure of 9.1 percent, up half a percentage point from last month and the highest since 1981, doesn’t tell half the story of how expensive life has become for Americans. The overall figure hides the fact that not all prices have risen uniformly and that products that have become especially expensive also…


The Real Cost of Inflation for Most Americans

The June inflation figure of 9.1 percent, up half a percentage point from last month and the highest since 1981, doesn’t tell half the story of how expensive life has become for Americans. The overall figure hides the fact that not all prices have risen uniformly and that products that have become especially expensive also…