Opportunity cost is what you give up when you choose between options. No matter what we choose, there is a next best choice that we give up, that is the opportunity cost. We want to minimize our opportunity cost by choosing the option that benefits us most- risk vs. reward, cost vs. quality, salary vs. qualtiy of life.
A 401k is an investment account to which most people begin contributing through an employer. The account allows you to dip your toe in the world of investments while saving money toward your eventual retirement. But when you leave that company you may need to do a 401k rollover.
We could all use more money and one of the best ways to get more money is to ask for a raise. But it’s a little more complicated than marching into the boss’s office and demanding one. We’ll show you how to get a raise at work.
Many people dream of buying a house for years they actually begin the process. There’s more to it than picking your favorite listing and moving in. You need to understand the steps of buying a house what to look for when buying, what questions to ask, understand the hidden costs, and how to close on it.
Cap rate is a calculation that helps you determine the profitability of a rental property. It’s a crucial part of your decision to buy a property or pass.
Everyone needs a little side cash. Many people who are interested in a side-gig turn to rideshare programs like Lyft putting their car to good use. If you’re not super thrilled about transporting strangers, there is another rideshare program that not a lot of people know about, and it’s called Amazon Flex.
Be smart, don’t throw your hard earned money down the toilet. Learn all about the best investing apps that will help you learn, diversify, and grow your investments.
Should you start an emergency fund or save for retirement? Pay off debt or start investing? It’s hard to know how to prioritize your financial goals. This post will show you how.
If you have debt, it’s time to tackle it. When it comes to methods of debt reduction, there are many options to consider. Everyone has debt, it’s how we reduce and manage it that sets us apart. But which should you use to get out of debt snowballing or stacking?
Mace? No, not that kind of bear attack silly. The kind that happens when the stock market is down. Spoilers, don’t panic. That may work for both kinds.
Do you have money in an index fund? Do you even really know what an index is? I’ll explain what an index is so you can better understand your investments.
When many people think about how to invest money, what often comes to mind is the stock market. But there’s so much more, from micro-investing, to investing in debt and other businesses, here are some unique ways to invest your money.
You have savings but no time to put it to work. I understand. That’s why you need a no effort investment strategy. Set it and forget it with no worries.
Making money in real estate isn’t complicated. There are tried and tested truisms that real estate investors have been using for years to build wealth. Here are five that you can implement today to start investing.
College is hard and expensive, especially when you factor in all the hot pockets you have to buy. Here are some online jobs for college students that can give you flexible employment while studying.
Hiring managers are inundated with resumes. Doing in-person interviews takes a lot of time so many managers use phone interviews as a way to narrow down candidates. If you are facing that first hurdle, we have 9 phone interview questions and tips to get your foot in the door.
About half of Americans don’t invest in the stock market. 20% of those simply just don’t understand how the stock market works. Another 16% feel like stocks are too risky, or don’t trust brokers. The truth is, buying stocks is the best paths to long-term wealth generation for individual investors like you.
“How much rent can I afford?” is a straight forward question but there isn’t a simple answer. With a few calculations though we can figure it out!
It’s difficult but not impossible to pay off your student loan debt before graduation. And there are three good reasons for you to do so.
When seeking out lending options, you may find yourself asking, what the fuck are hard money lenders? Here, we will teach you everything you need to know about hard money loans.
Having a good credit score makes life easier and cheaper. Even if you’ve tanked your credit, we’ll give you some ways to bring the number back up. You don’t have to wait seven years to start improving your credit score. There are a few tricks to get that number out of the red.
Sound personal advice is everywhere, you just need to know where to find it. These are the best personal finance books that will change the way you think and act about money.