Do stimulus checks count as income?
Stimulus payments might sting a bit if taxes were due on that money, but that’s not the case. The payments are not income; they’re an advance of a new federal tax credit for the 2020 […]
What is a stock market crash?
A stock market crash is defined by double-digit declines that happen quickly across a broad stock market index or group of related indexes. As the coronavirus pandemic swept the United States in February 2020, the […]
Here’s what 2020 did to American mortgages
We still don’t know the full effect the pandemic and resulting economic slowdown will have on the housing market. That said, understanding where 2019 and 2020 mortgage statistics fit into the landscape can help you […]
What to know about a market sell-off
Often, the word sell-off is used in conjunction with market volatility, but you may wonder what, exactly it means, especially when it comes to your money. A market sell-off occurs when a large pool of […]
The risks of playing the stock market
To the uninitiated, the stock exchange can seem like a casino, with news and social media feeds sharing stories of investors striking it rich by playing the stock market. But while there are winners, there are also […]
A small business guide to balance sheets
A company’s balance sheet is one of several important financial statements that report on its performance. But to understand the importance of a balance sheet, you need to understand the balance sheet equation and the […]
7 ways to make the most of your 401(k)
A 401(k) is one of the best retirement accounts out there and is loaded with great benefits. Though, like a car that gets good gas mileage, there are things you can do to turn that […]
20 employers that will help you pay off student loans
The class of 2019 graduated with an average of $29,900 in private and federal student loan debt. So, when it comes to choosing a place to work, jobs that pay off student loans understandably could […]
Today’s gig workers are tomorrow’s business owners, says new survey
2020 has been a tough year for small businesses. Many have felt the impact of the coronavirus—it’s hit some harder than others. During a time when so many are struggling, it may seem counterintuitive to […]
What to know about stock market corrections
It doesn’t matter if you’re a new or seasoned investor, when the stock market has a correction, it can be extremely stressful. Nobody likes to see their portfolio decline significantly in a single day. Stock […]