Budgeting is the foundation of every successful financial plan. A budget helps you identify sources of income and expenses, which allows you to manage your cash flow accordingly. The goal of budgeting is to maximize your net cash flow by increasing your income sources...
You may have heard the phrase “Earnings Season” before and may not have known what or when this event takes place. Earnings Season refers to the time of the quarter when publicly traded companies release their financial statements and performance reports. The term...
By now, you’ve probably heard the story about the historic “short squeeze” of GameStop’s stock. While many successful investors profit when stocks rise in value, some investors bet on the opposite—profiting from a stock’s decline in...
Net Worth is often an important topic among investors and businesses. This calculation is used to determine the value of the individual or company and is used to monitor financial progress. First, net worth looks at the overall financial picture. This is calculated by...
President Biden’s election campaign focused heavily on the potential for tax reform. President Biden promised that income taxes should not increase for the lower or middle class throughout the campaign. Although the government has failed to pass any official tax...
