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Series of gold bars stacked on top of each other

Article Summary While you might picture a heavy brick, gold bars come in different sizes, from one-ounce bars worth between $1,000 to $2,000 up to the standard 400-troy-ounce gold bar, worth around $600,000. If you don’t want to keep gold bars under your bed, you can invest in related ETFs or futures instead. Gold has […]

Woman reviewing her budget online and calculating how much $14/hour a year would equal

Article Summary: A $14 an hour rate equals a gross annual income of approximately $29,120 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be […]

Man stacking coins in front of a calculator, building generational wealth

Article Summary: Generational wealth refers to any financial assets passed down to children, grandchildren, or other relatives. This could include stock market investments, a real estate portfolio, cash, or a family business. Generational wealth can also encompass other items of monetary value such as art, jewelry, or antiques. There’s no doubt that those who inherit […]

One hand reaching to receive a check from another hand across a desk

Article Summary Pay stubs are usually generated every pay period and sent out with paychecks. If your paycheck is deposited directly into your bank account, you may need to take a few extra steps to get a pay stub. You can get a copy of your pay stub online or by contacting the payroll department […]

Woman adding money from her $13/hour job to her piggy bank

Article Summary: A $13 an hour rate equals a gross annual income of approximately $27,040 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be […]

Woman reviewing her budget and calculating how much debt she owes to creditors

Article Summary: Creditors and debt collectors can find your bank accounts through your previous payment records, credit applications, skip tracers, and information subpoenas. Most of the time, the creditor must obtain a court order before garnishing your bank accounts, but this isn’t the case for some government entities. To avoid having your accounts or wages […]

Article Summary: You can get out of an annuity a few different ways, though not all of these ways are free of penalties or fees. This includes withdrawing your funds during the free look period, replacing your annuity, or simply withdrawing your money and accepting a penalty. If you surrender an annuity early, you’re likely […]

Business investor using enterprise value vs. market cap to determine a better investment

Article Summary: Market capitalization can give a general idea of how risky or aggressive a certain investment might be. However, certain factors are left out of market capitalization, such as a company’s debt and cash reserves. Enterprise value is meant to show the overall value of a company but isn’t the best metric to use […]

Woman reviewing her financial statements to determine whether purchasing an annuity is worth it

Article Summary: There are several disadvantages to annuities that may make them a poor investment choice for some. For instance, annuities can be quite expensive, especially if you need to access your money before you turn 59.5. Because of this, it’s rather difficult to ensure you make back your initial investment if you plan to […]

Woman reviewing her budget and calculating how much $12/hour a year would equal

Article Summary: A $12 an hour rate equals a gross annual income of approximately $24,960 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be […]

Calculator and pen on top of a budgeting spreadsheet calculating $11/hour budget

Article Summary: An $11 an hour rate equals a gross annual income of approximately $22,880 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be […]

Stacked coins representing what $9/hour a year would equal

Article Summary: A $9 an hour rate equals a gross annual income of approximately $18,720 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be […]

Woman adding money to a piggy bank after reviewing financials from a $8/hour job

Article Summary: An $8 an hour rate equals a gross annual income of approximately $16,640 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be […]

Five $100 bills

Article Summary: About a third of U.S. households make over $100k a year. That being said, this average income may include more than one individual’s salary. The average American income distribution changes depending on a person’s race, gender, education level, and age. If you want to earn more than your current salary, try asking for […]

Woman reviewing her finances and calculating her year-to-date

Article Summary: Year-to-date (YTD) is the measure of something from the first date of the year to the current day. The date the year begins can be based on the calendar year or the fiscal year. Year-to-date is a valuable statistic for measuring assets over the short-term and for comparing data to previous years. Year-to-date […]

Figures of an elderly couple standing on top of coin stacks, representing pension income

Article Summary: A pension is a form of a retirement plan that guarantees certain benefits based on employment history. It is different from a 401(k) because the employer, rather than the employee, contributes to the fund. Pensions are most common in stable, large employee pools such as government jobs, unions, and state-sponsored positions. Whether retirement […]

Woman calculating her liquid net worth

Article Summary: Liquid net worth is a measure of the assets you can rapidly turn into cash. It is calculated by subtracting your total liabilities from your total liquid assets. Liquid net worth indicates your financial stability, which is the ability to maintain overall financial health in difficult times. Though you may not know it […]

Man reviewing financials to determine whether renting is a waste of money

Article Summary: Renting is often seen as a waste of money, but owning a home is not the best choice for everyone. Though you can build equity through your home and renovate at your own desire, buying a house comes with a big upfront cost. While renting the same place for years may cost more […]

Real estate agent helping a homeowner sell their house

Article Summary: Though many housing experts believe it is still a good time to sell your home, this doesn’t guarantee that your home will sell. Before listing your home, make sure to review the housing market inventory and mortgage interest rates. You should also determine whether you have the funds to sell your property or […]

Person reviewing credit card balances, deciding which credit card to pay off first

Article Summary: Choose which credit card you should pay first by using the avalanche or snowball method. You can also choose to transfer your entire credit card balance to a 0% APR balance transfer card, get a debt consolidation loan, or set up automatic payments to ensure your debts are paid on time. According to […]