At the end of 2022, the falling housing prices and low activity indicated a sharp decline in home prices. But the housing market has been resilient throughout this year, and the warnings of a housing recession have not materialized. The current housing market may be experiencing low activity and decreasing prices compared to the peak…
Understanding assets and liabilities is pertinent to achieving financial success. Assets, like real estate, appreciate and help you make extra money. On the other hand, liabilities do the opposite and drain your wallet. Let’s cover these in detail so you can avoid financial pitfalls. Assets Versus Liabilities Your accounts payable balance sheets will include all…
Talent, determination, and strategic business acumen have propelled some athletes to the pinnacle of financial success. Beyond their salaries and winnings, endorsement deals, personal brands, and investments contribute to their wealth. From football fields to tennis courts, the top 10 richest athletes in the world have not only mastered their respective sports but also…
Mansa Musa’s reign over the Mali Empire is a tale that has transcended centuries. His extraordinary wealth, derived from vast gold and salt resources, has earned him the title of the wealthiest person in history. The legend of his wealth is not just about numbers; it’s about a ruler who knew how to use…
As Benjamin Franklin stated over 200 years ago, “…in this world, nothing can be said to be certain except death and taxes.” The adage rings especially true where these two certainties intersect – namely, the inheritance tax. When navigating a difficult end-of-life transition, money is likely the last thing grieving loved ones want on their…
Coins are an integral part of our daily transactions, exchanged for various goods and services without giving it much thought. However, have you ever paused to contemplate the images engraved on these coins and the narratives they unfold? The faces imprinted on American currency encapsulate significant chapters of the nation’s past, highlighting key figures who…
There is growing momentum to change the typical five-day workweek, which has been in effect for more than 80 years in the US. The pandemic forced the move to remote work and opened the door for consideration of increased flexible work arrangements and the four-day workweek. Various four-day workweek trials have been underway in the…
When a financial emergency crashes into our everyday life, we are often completely unprepared. Even if you manage your finances well, unexpected events can overwhelm your cash reserves and have you needing some fast cash. If you find yourself in such financial trouble, there are plenty of options you can consider for quick cash. These…