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Oprah's net worth tops $2.8 billion, according to Investopedia. Oprah became one of the most successful women through a series of savvy business deals. Here are some of the ways Oprah became rich. Oprah's net worth grew by owning her talk show
Economists have been looking at some factors that suggest that we could be headed towards a recession, and one of those factors is credit card debt. Simply put, it's looking like Americans are now hitting the limit that they can offer up as debt. When this happens, spending slows...
Around half of the country currently lives paycheck to paycheck, which means that one of the most financially devastating things that can happen to people is to get fired from their jobs. With layoffs, people can at least get unemployment insurance. Being fired, on the other hand, could potentially...
Ever wondered what the acronym "FDIC" stands for? Anyone who banks with a federal savings bank or a community financial institution, has likely seen a placard in the lobby of a local branch that says "Federally insured by the FDIC."While the acronym is familiar, most people don't know...
Onе thіng thаt can hіndеr уоur роѕt-соllеgе success іѕ tоо muсh ѕсhооl rеlаtеd dеbt. According tо thе Institute fоr Cоllеgе Aссеѕѕ аnd Suссеѕѕ, nеаrlу 70% оf ѕtudеntѕ grаduаtе frоm аn undеrgrаduаtе program with аррrоxіmаtеlу $30,000 of еduсаtіоn rеlаtеd debt еасh уеаr. Wіth those statistics іn mіnd we...
A Health Savings Account (HSA) is one way that working people with high deductibles, including self-employed individuals, can offset their medical, dental, and eye care costs. Families may put in up to $6,750 per year and individual people may put in $3,500 per year into a savings account for...
If you’re trying to get control of your budget or need a little help seeing where your weak points are, it’s a good idea to try an app on your phone. We have put together the best apps for budgeting and personal finances that will put you...
Before we get into the details of how simple interest is calculated, first let us understand what simple interest is. Simple interest is a fast and simple strategy to calculate a loan interest charge. Simple interest is defined by multiplying all the interest rate by the principal...
You might have seen and heard about APR when looking for a credit card or a car loan. An annual percentage rate or an APR will give you an insight into how much it will cost you to take a loan. If you know apr how to...
A Flexible Spending Account (FSA) is a type of tax-deductible, savings program that is often used to offset a variety of health care costs that insurance doesn’t cover. It’s particularly useful for people under the age of 65 who have ongoing medical expenses. Account membership is typically offered as...
When your credit score falls below 600 points, it’s time to think about bringing yourself into a safe zone. The average credit score is about 700, much higher than in years past.Check whether it’s accurateFirst review a free copy of your report at www.annualcreditreport.com. If you request it from...
E-commerce has allowed companies that never would have existed 20 years ago to blossom. It's the new way for budding entrepreneurs to start a business up without having to have hundreds of thousands of dollars in capital. In fact, depending on your field, it's possible to start your own...