Building Cash Flow vs. Paying off Debt

Building Cash Flow vs. Paying off Debt

The importance of creating passive income from assets cannot be understated. In today’s economic climate, many people are finding it more difficult to balance their income and expenses. The good news is, you can make a huge dent in your financial issues by...
6 Ways in Which You Can Go Bankrupt

6 Ways in Which You Can Go Bankrupt

Normally, life is full of surprises, and we always face unprecedented events that may drain our bank accounts if not wisely handled. One day, you may have millions in your bank, while the next day, you might have nothing due to unforeseen situations. Here is a list of...
Should You Give Your Child a Debit Card?

Should You Give Your Child a Debit Card?

Are you in a dilemma of whether to acquire a debit card for your child or not? If yes, you are exactly in the right direction because every caring parent have their children at heart. Some questions you might be asking yourself include: • What most probable age to...
What is a Zero-Based Budget and Why Should You Use One?

What is a Zero-Based Budget and Why Should You Use One?

If you want a budget that puts a name and a purpose to every dollar you make, then a zero-based budget might be for you. Yeah, sure, some people dread budgeting, since it forces them to look at their finances and make some difficult decisions. But truthfully if done...
What Wealthy Americans Can Expect from Biden’s Tax Plan

What Wealthy Americans Can Expect from Biden’s Tax Plan

In the past, wealthier Americans would defer income around tax time in order to have less taxable income. This was a good strategy for the last 30 years, during which the government has been cutting taxes. However, the Biden administrations tax code could change...