The bankruptcy means test uses gross income. Gross income is before taxes are removed. Filing for bankruptcy can be an intimidating thing. Many think that filing for bankruptcy is the worst thing you could ever do financially. However, bankruptcy was designed as a system that could help take individuals from drowning in debt to a…
While there is likely an endless list of money mistakes you should avoid, some bad money moves can really wreak havoc on your finances. For example, spending more money than you make or buying a home you can’t really afford can put you on the fast track to personal bankruptcy. Car financing company Carvine shared…
If you’re an entrepreneur, then you might eventually find yourself with an enormous check after you have sold your business or experiencing a major liquidity issue occur and then think: This is awesome but what can I do with this cash? As the successful, smart business owner you are, you’ll definitely decide to take responsibility…
If you are trying to increase your home value in order to sell it or increase your home’s equity, there are some terrific projects you can do to increase the value immediately. Other projects like solar panels increase the value of your home over a long time period. There are also some upgrades that you…
Financial advisors can help take you and your finances far — but only if you find the right one for you. Working with a credible, knowledgeable, and prepared advisor can help you fix financial issues, save big for retirement, and sort out the perfect budget that is tailored to your exact needs. Finding an advisor…
When you refinance your mortgage, you essentially pay off your current mortgage before replacing it with a new one. A person may refinance their mortgage to shorten their mortgage term. Or, they may do so to obtain a lower interest rate. However, your debt-to-income ratio should be low if you want to qualify. Your credit…
The last 18 months or so have transformed the cryptocurrency world and it has grown faster than ever before. Due to the pandemic, more and more people have ventured into crypto trading for the first time and prices of certain cryptocurrencies from Ethereum to Floki Inu have inflated drastically. But what does the future of…
Question: Does your credit score affect insurance rates? Answer: If you have ever applied for a car lease, credit card, insurance, or a loan for your home or business, then you must probably know the answer. YES, it does! You might get surprised by the fact that your credit score not only affects your…
It’s difficult to imagine what one human body can endure after being hit by a large truck. Even the slightest impact has the potential of breaking bones, tearing ligaments and tendons, or even dislocating joints. As if the injuries weren’t bad enough on their own, they are often compounded by other elements introduced into the…
While some investing apps make users draw a hard line between automation and customization, M1 Finance offers individuals both the flexibility to make personal decisions about their portfolio along with enough automation so that they do not need to be constantly micromanaging their finances. What will I learn with this M1 Finance Review? This…
