I have gone through the process of having to rebuild credit, so if you’re looking to do the same I’ve been in your shoes. It’s painful, but lucky for you … Continue reading Credit Cards I used to Re-Build Credit
Here’s what makes credit: Credit Age – The average age of all open accounts Credit Usage – It is your current balance divided by your credit limit. For example: … Continue reading What makes up Credit
In order for you to understand how important credit is, you need to know what it is. A basic way to describe it is by saying it’s a way for … Continue reading What is Credit?
This is extremely simple. The best way to remember what a Tax Credit is: Tax Credit – a dollar for dollar reduction of your tax liability. **This is NOT a … Continue reading What are Tax Credits
Here’s the technical definition: Inflation – a general increase in prices and fall in the purchasing value of money Sound complicated? Technically it is and know one knows exactly why it … Continue reading What is Inflation
Most companies provide an HSA for their employees, but you never take advantage of it. Mainly because you think you don’t need it or they never tell you about it. … Continue reading Why You Need A HSA
Dividends are quarterly distributions of of profits from a company back to the shareholders. When you purchase stock in a company you become a shareholder in that company. Investing in … Continue reading What are Dividends?
Bonds may seem complex, but that’s because the financial sector wants you to believe that. In reality, they’re quite simple. Bonds are just loans to a government, company, or another … Continue reading What are Bonds?
Double-Spending This was the biggest problem with digital currency. It was due to the fact digital information can be reproduced relatively easy. This issue was never brought up with … Continue reading What is the Double Spending Problem?
What is Bitcoin Mining? I’ll try to make this as simple as possible. Bitcoin mining is a decentralized process that has two purposes: Confirm transactions between everyone on the network … Continue reading Bitcoin Cloud Mining
People have a tough time deciding how much they want to save and how much they should invest. To most of you, when you hear the word “invest” you think … Continue reading Budgeting Your Investing
The general rule of thumb is always keep enough cash to last you 6 months. This doesn’t mean actual cash. This just means to keep this in your savings account … Continue reading Cash Reserve