What is your net worth? Quite simply, it’s what you have minus what you owe. But your net worth doesn’t only refer to the cash in your checking account, your net worth looks at everything you own in addition to your cash, stocks, bonds, and other investments, including your home, plus furniture and furnishings, clothes and jewelry, cars, bicycles and even the train set your grandfather built 50 years ago. Learn more here about what your net worth means to your personal finances.
Apparently, it's tough being a single woman who heads a household these days.The Consumer Federation of America released the results of an analysis of...
When you're applying for life insurance you'll likely speak with an insurance agent who will ask you questions to assess your risk. After the life insurance agent has assessed your risk, he or she will provide you with a dollar amount for your life insurance premium. The life insurance premium is the amount you'll spend every month to ensure you have life insurance coverage.
Interested in starting your own business to increase your net worth? You are not alone. Every year millions of Americans enter the world of entrepreneurship. Here's some great job advice on franchises for would-be entrepreneurs.
What is your net worth? Quite simply, it's what you have minus what you owe. The reason you want to pinpoint your net worth is that it gives you a snapshot of your financial life today, which becomes a point of comparison down the road.
Defining your goals is an important tool for tweaking your personal finances. It gives you something to dream about at night, and something to work towards during the day. Saving money can be different at different stages of your life. Do you need to save for a mortgage? Student loans? Retirement? While it's always good to dream big, the truth is, most of us have the power to achieve almost all of our financial dreams. Getting there takes discipline and hard work, but it's more than doable.
A new study from the Consumer Federation of America and Providian Financial shows that millionaires tend to be older, have graduate or professional degrees and earn more than $100,000 per year. All that isn't so surprising, but what is interesting is that the average American is doing a pretty good job of building assets, even with incomes as low as $10,000 per year.