In general, you can't go wrong with a major in business or economics; both will serve as a sound foundation for a financial planning or advisory career. The basic coursework that you must fulfill to earn a degree—accounting, economics, marketing, finance, and management—will help you trans...
you should have a long-term horizon. Over the next 10 years, stock market will go up, it’ll go down, it'll go all around. But you as an investor, you should look through all of that and continue to look to the long run. And in the long run, I think the American economy...
Three to six months of expenses is a good rule of thumb but your goals will vary based on your financial situation.
Johnson, a professor of finance at Creighton University, says Assets typically include cash, real estate, investments and valuables such as art or collectibles, while liabilities include debts such as mortgages, car loans, credit card balances and student loans. Net Worth Calculation Example H...
While a personal loan is a useful tool to finance larger or unexpected expenses, there are some situations where analternative to a personal loanmight be better. Your credit score is poor. The lower your credit score, the higher your interest rate could be. If you have poor credit and trul...
“You want to think about your various savings goals, how they fit together and how they enable the life you want,” says Jim Wang, founder of a personal finance blog. By considering your lifestyle and goals, you can determine how much to keep in various savings categories, each serving ...
“Long & The Short Of It” is a perfect book for people who are almost entirely new to the finance and investment field and looking for an expert’s guidance. (Not to confuse it with Les Binet and Peter Field’s book on marketing with an identical name). ...
Before you take out a loan for holiday spending, see if you can earn the extra cash yourself or find ways to finance interest-free. Here are some options to consider: Sell items you aren't using Chances are, you've got some items in your house that you don't use anymore and could ...
The budget is an important process that happens each year. There are multiple ways to start the process of preparing the budget, from the board or finance committee preparing it to the management company taking a first crack at it. “You go off of last year’s budget and what you’re an...
How to decide whether to pay down debt or invest your money BY Jessica UllrichPersonal Finance Expert REVIEWED BY Ehab ZahriyehSenior Staff Editor Updated December 13, 2024 at 6:32 AM GMT+8Paying off high-interest credit cards should be a priority in the current rate environment. Photo illust...