Most people with jobs have a pretty stable income. However, some people, like car salespeople and freelancers, don’t have the luxury of having a reliable paycheck every two weeks. Budgeting, saving and investing on an irregular income can be a huge challenge whether you work on commission, on a freelance basis or some other variable …
Building an emergency fund is key when you’re ready to start taking your finance seriously. While I personally recommend saving a full three to six months of expenses in an emergency fund, I don’t think that should be your first emergency fund goal. Instead, I agree with Dave Ramsey on this topic. I think you should …
Dramatic events can often lead to massive stock market gains or losses. The media takes advantage of these big events and writes exciting or terrifying headlines. Headlines generate excitement, fear and traffic for the websites. However, these stories predicting a long term bull market, an impending correction or stock market crash should largely be ignored. The problem …
When you’re first getting on your feet financially, it can be difficult to figure out what to do with your money. You hear so many ideas that it gets overwhelming. The overwhelm could cause you to do nothing or even spend all of your money rather than trying to figure out the best use for …
What is my net worth? It’s a common question a lot of people don’t know how to answer. Net worth sounds like a fancy calculation that would be difficult for the average person to calculate. Luckily, that’s not the case. Calculating your net worth is extremely straight forward as long as you understand the components …