When looking for a whiteboard, you will need to weigh factors like surface material, size, and mobility. The surface material is especially important—melamine plastic, while cheaper, stains more easily than glass or porcelain. In terms of size, some whiteboards take up the space of a sheet of printer paper, while others occupy up to 32 square feet. And not all boards mount onto walls—some come with an easel or wheels for easy transportation....
It’s no surprise why: Combined with higher housing prices, average mortgage rates right now are sitting close to 7% on a 30-year fixed-rate loan according to Freddie Mac. That means that, if you buy a home right now, you’ll see your wallet hit with a double whammy: once when you purchase the home at a higher price, and again throughout the life of the loan as you pay more interest....
The Fed continues to aggressively hike rates to bring down inflation, which is stubbornly sitting at an annual rate of 8.2%—far from the central bank’s target of a 2% inflation rate. The more aggressive rate hikes are, the more economic pain we might all feel going forward. That could mean more job losses, more volatility in the markets, and more expensive loans from your bank, whether it’s for a house, a car, or your credit card debt....
One of the most reliable sources of funds a business can gain access to is having a corporate credit line. It is one of the most viable sources of finance any company should have in case its cash flow declines. A corporate line of credit acts as an emergency fund to any entrepreneur, and that is why every business owner should have one. Below is a quick outline of the benefits of a corporate line of credit has to the business....
You’ll have to shop in states that either don’t have a sale tax, have a very low tax rate, or shop during a sales tax holiday if you don’t want to shell out a fair bit of extra money every time you approach a cash register. These locations are the best—and worst—for sales taxes as of 2022. States With the Lowest Sales Taxes The obvious frontrunners are those states with no sales taxes at all at the state level, but there were only five of them as of 2022: Delaware, Montana, New Hampshire, Alaska, and Oregon....
Every year, website Insure.com compiles a list of the cheapest and most expensive cars to insure. The most recent averages were calculated by Quadrant Information Services using data from six large national carriers using 3,000 auto models. “Insurance” refers to liability coverage, uninsured motorist coverage, and a $500 deductible on collision and comprehensive coverage. The model driver was a 40-year-old male with a clean driving history and good credit who commutes 12 miles to work daily....
Checks and cash have their advantages, especially because most people already know how to use them. However, there are other ways to transfer funds that are safer, faster, and easier to manage. If cost and speed are priorities, person-to-person payment apps are some of the cheapest ways to send money. Venmo Venmo, owned by PayPal, pulls funds from your bank account or debit card for free. You also can pay for free out of any balance stored at Venmo....
Definition of Fixed Expenses Fixed expenses cost the same amount each month. These bills cannot easily be changed and are usually paid on a regular basis, such as weekly, monthly, quarterly or from year to year. It’s much easier to budget for fixed expenses than it is to budget for a variable expense or discretionary expense. Typical household fixed expenses include: Mortgage or rent paymentsCar paymentsReal estate taxesInsurance premiums While you could theoretically change your monthly mortgage payment by refinancing your loan or by appealing your property tax assessment, this is not an easy switch....
In practice, however, Sweden is not strictly socialist, and the United States is not strictly capitalist. Most countries have mixed economies with economic elements of both capitalism and socialism. What Is Capitalism? Capitalism is an economic system where the means of production are owned by private individuals. “Means of production” refers to resources including money and other forms of capital. Under a capitalist economy, the economy is substantially run by individuals who own and operate private companies....
Learn what shareholder perks are, how they work, and whether they are still used to attract investors. What Is a Shareholder Perk? If you purchase a few shares of a company, you essentially have a small ownership claim in that company. Because shareholders provide funds for a business, it’s reasonable to think there might be something to purchasing a share other than voting rights and dividends. Some businesses show their appreciation to their shareholders by giving out perks....
Use the mortgage calculator below to get a sense of what your monthly payment could end up being. Your Credit To qualify for a mortgage, good credit is essential. Find out your credit score, and be sure to check your credit report carefully for errors since lenders use it to determine if you qualify for a loan—and to decide the interest rate they’ll charge you. The Consumer Financial Protection Bureau has a free credit report checklist you can use to help you thoroughly review your report....
Benefits of Starting Early Young people might believe that they are at a disadvantage when saving for retirement because they’re just starting out and may make a modest income. However, there are some distinct advantages, particularly if you start saving early. Power of Compounding Saving early and often, even in small increments, can add up to significant gains in the long term because of the power of compounding. Compounding is the process of earning interest on interest from an investment....
Are you thinking about joining the over-50 workforce? If you’re rejoining the workforce after some time away, you may need to engage in some retraining to bring rusty work skills up to date or take courses to educate yourself for a new career. Whatever your reasons for job searching, you and many other women over 50 have many assets to bring to a position. Depth of experience, emotional maturity, and specialized knowledge can make you an ideal candidate for many jobs....
Here are four tips from millionaires and successful traders. Most of these quotes come from the Market Wizards book series by Jack D. Schwager. These books look at the diverse trading methods of successful traders and offer a wealth of wisdom for anyone looking to start trading. Don’t Be Afraid to Cut Losses Loss aversion—an unwillingness to cut a loss—is one of the most common trading problems and can deplete an account quickly....
But life insurance is important, so it’s crucial to understand the types of policies available to you. Learn more about how life insurance works and the types. How Does Life Insurance Work? Life insurance policies have a death benefit. Your named beneficiaries can claim it when you die. You can choose any type of beneficiary you like: your children or spouse, a business partner, or a beloved charity. In many cases, individuals buy life insurance to cover themselves....
There are five GDP statistics that can give you a look into the health of the U.S. economy. Nominal GDP is the basic measure of economic output. Real GDP corrects for changes in prices. The GDP growth rate measures how fast the economy is growing (or contracting). Real GDP per capita describes people’s standard of living in the U.S., and the debt-to-GDP ratio describes whether America produces enough each year to pay off its national debt....
This article will explore the concepts of profit and cash flow, the part they play in a business for accounting and tax purposes, and when each one is most important. Business Profits and Net Income Profits and net income are often confused. They basically mean the same thing, but in different contexts for your business. Profits are an accounting statement that shows the result of subtracting expenses from the income of a business....
Limitations can be placed on your use or transfer of the property. And it can be taken away from you by the government or even a homeowners association if you don’t follow certain rules and pay your dues and taxes. But you can avoid problems by understanding what threatens your ownership and your control. What Are Encumbrances on Real Estate? An encumbrance is a claim or other issue that burdens or restrains your full ownership rights....
When investing in dividend-paying stocks, you’ll want to learn what the dividend yield is, how it relates to the share price, and what pitfalls to avoid. How To Find the Dividend Yield of a Stock The formula for finding a dividend yield is simple: Divide the yearly dividend payments by the stock price. Here’s an example: Suppose you buy stock for $10 a share. The stock pays a dividend of 10 cents per quarter, which means for every share you own, you will receive 40 cents per year....
Learn how UITs and mutual funds are alike and how they differ, and find out how you can use them in your portfolio. What Are UITs? Simply put, unit investment trusts are a type of legal trust fund. Rather than being set up to save money for a person or a cause, it acts as a tool for investing. It pools the money of many investors together into a single fund, which is then used to purchase shares of stocks, bonds, or other securities....
