Your Cash Flow Statement

Your Cash Flow Statement

Understanding money matters and managing your cash flow are an integral part of any sound financial management strategy. Effectively managing your cash flow can free up capital to save and invest—assets you can put to work—helping you pursue your financial goals. It’s...
Spotting Credit Trouble

Spotting Credit Trouble

American households with credit card balances carry an average debt of $8,602.1The wise use of credit is a critical skill in today’s world. Used unwisely, credit can rapidly turn from a useful tool to a crippling burden. There are a number of warning signs that you...
How Does Your Credit Score Compare?

How Does Your Credit Score Compare?

Your credit score is simply a statistical estimation of how likely you are to pay your debts and, by extension, how much credit you should have. Everyone is different – everyone has a different history, different experiences. But have you ever wondered how you compare...
U.S. Personal Savings Rate

U.S. Personal Savings Rate

The U.S. personal saving rate stood at 3.7% in January of 2017, a bit lower than its 10-year average of 5.5% and well below the recent five-year high of 11% in December 2012.1The personal saving rate is the federal government’s estimate of what percent of their...
Life and Death of a Twenty Dollar Bill

Life and Death of a Twenty Dollar Bill

Every year, the government prints millions of notes a day. Here’s a quick look at what goes into creating a $20 bill and what determines when a bill’s lifespan ends.1PaperA $20 bill starts out life as part of a large sheet of paper. While most paper is made primarily...
Pay Yourself First

Pay Yourself First

Each month, you settle down to pay bills. You pay your mortgage lender. You pay the electric company. You pay the trash collector. But do you pay yourself? One of the most-basic tenets of sound investing involves the simple habit of “paying yourself first” – in other...

Pin It on Pinterest