Everything You SHOULD'VE Been Taught in School.
Within most developed countries, home ownership correlates with having a higher average net worth. Within the U.S., those who own a home have an average net worth that is more than 10 times greater than those who don’t own a home ($1,099,070 vs. $95,560, respectively).
Homes, and all types of real estate for that matter, are real property, because they are connected to the earth.
[Read more…] about Real Property vs Personal Property: What Are the Differences?
Getting a credit card can sometimes seem like an intimidating process. This is especially true if you don’t know how to use a credit card responsibly.
After all, there’s the possibility of mismanaging your cards and ending up with a bad credit score. You can also start a cycle of debt with just a few wrong moves.
Luckily, responsible borrowing is very simple and with a little work, can actually help you in the long run. If you’d like to learn more about how to use a credit card responsibly, keep reading to learn more. [Read more…] about Expert Tips on How to Use a Credit Card Responsibly
Cryptocurrencies have become a massive financial trend in recent years. Today, crypto represents one of the fastest growing technologies of all-time, paralleling the growth curve of the internet in the 1900s and mobile phones in the 2000s.
From its previous highs to its current lows, crypto represents one of the biggest potential payouts for investors as well as one of the biggest risks. Crypto markets, which had already taken a hit recently, just plunged further, according to Forbes. This hasn’t deterred famous faces though from getting involved in the cryptocurrency game. [Read more…] about Pro Athletes Paid in Crypto: Who’s Going All In On Bitcoin?
Have you ever driven down the road looking at the homes, apartments, or projects under development and asked yourself how to get started in real estate? If so, you’ve come to the right place, because real estate investing represents an compelling opportunity for wealth building.
Learning how to invest in real estate will:
The American tax system is complex. It’s also ineffective: our tax rates are high, yet our budget deficit is even higher. Add to that the failing state of many school systems, infrastructure, and health care accessibility in our country, and the whole question becomes even messier.
Also, how and why has the American tax code grown to 74,608-pages long? Even Certified Public Accountants can’t stay up-to-date with the ever-growing code requirements.
So what gives? What is wrong with the American tax system and how does it disproportionately tax the middle class? [Read more…] about What is Wrong With the American Tax System for the Middle Class?