If you follow the news whether it is politics, business, sports, or even celebrities, you will often hear the term “net worth” mentioned.
A quick look at the headlines for the past month reveals articles about President Trump inflating his wealth by billions, Jeff Bezos being worth $150 billion, to Kylie Jenner being the youngest billionaire. Forbes Magazine’s Forbes 400 list of the wealthiest Americans is enormously popular and often referenced.
This brings up the question what exactly is net worth anyways?
Are you considering switching banks or closing your old bank account? You aren’t the only one. A Consumers Union survey found that nearly one in five checking account customers considered switching to a different bank or credit union, but less than half actually went through with it because it proved to be too much trouble.
Remember cash? Those pieces of paper with denominations and portraits of presidents printed on them? Besides rappers using them to make it rain at the club, cash is still accepted almost everywhere by people all over the world to pay for products and services. Yet with the rise in popularity of digital payments along with debit and credit cards, less and less people are carrying around this form of payment.
I was making small talk with someone earlier this month and we were talking about what age would be the perfect age if we could go back in time. I settled on the age of 25. What’s not to like about your 20s. For many of us, we’ve finally got done with school and started our first real job that’s not asking someone if they want fries with that. We are all bright-eyed and ready to take on the world and experience all that it has to offer.
Whether you are an aspiring real estate investor with plans for dozens of properties or if you are renting out your residence because you have to move for a job, knowing how to screen potential tenants can reduce the amount of stress and headaches from being stuck with a problem tenant.
Not many people can pay cash for a house these days. According to Zillow, the median home sale price in the United States ending October 2018 was $225,900. You are going to need a piggy bank the size of a house for that.
Writing a check payable to cash might seem like a good idea. It’s simple enough. You write out a check as you would normally except instead of a person or company in the “Pay to the order of” line, you simply write “Cash”. Then you write in the amount, sign your name on the front, endorse the back, head to the bank, and give it to the teller. A minute later you will be walking out of the bank with a pocket full of bills.
Before you run hop online and start applying for a balance transfer credit card, know that banks and credit card companies aren’t offering these cards because they want to give you free money. They are really hoping you’d mess up so they can reap the financial rewards.
Are you sinking further into credit card debt and trying to keep your head above water? High-interest credit cards and personal loans can make getting ahead of your debt situation seem almost impossible.
Your water heater is one of the most neglected appliances in your home. It sits hidden away in the basement, attic, or closet somewhere where no one pays a single second of attention to it as long as there is hot water when you turn on the faucet. That is until one day when it springs a leak and it turns into a major event.