Financial New for Everyone
By Sandra Hayes Business success happens when entrepreneurs are willing to take measured risks. Although this decision opens them up to failure, it is also the only path available to help someone reach their goals. Fear of success or failure does more than hold an entrepreneur back from their full potential. It can also derail an excellent business …
By Sandra Hayes Warren Buffett is widely seen as one of the most successful investors in history. Shares of his company Berkshire Hathaway sell at a remarkably high price, often well above $250,000. The 52-week high in June 2020 was $347,400. Buffett is a self-made billionaire who believes that education leads to the skills that can duplicate his …
By Sandra Hayes COVID-19 caused governments all over the world to shutter non-essential businesses. Although the definition of what could or could not stay open varied by jurisdiction, people in the hospitality, travel, and restaurant industries were hit the hardest. Unemployment rates in some areas reached record highs. The United States reported over 40 million first-time filings for …
By Sandra Hayes The U.S. Government passed legislation in response to the coronavirus pandemic emergency that provided funds to most low-income and middle-class individuals and families. Individuals could receive up to $1,200, while married couples who file jointly got $2,400. Having children provided another $500 per child. That means a family of six could qualify for up to …
By Sandra Hayes If you qualified for a stimulus check as an American, then you may have received enough money to start a $1,000 emergency fund. A qualifying family with four children could receive up to $4,400 in funds to use, which is enough to establish savings of 3-6 months for most households to cover necessary expenses. Your …
By Sandra Hayes With more people staying at home right now than arguably at any other time in human history, several industries find themselves in uncharted waters. People who aren’t traveling don’t need as many items to support their activities. That means fewer cars, trucks, and SUVs get purchased since there isn’t a need to leave the house. …
By Sandra Hayes It was an idea that came about in 2016 when investors wanted new options for better returns. Mighty Group Inc. offered a unique proposition: Investing in a lawsuit could earn up to 30% interest on assets that have zero correlation to anything else in the portfolio. Mighty Group Inc. lends money to plaintiffs who are …
By Sandra Hayes A cash-on-cash return is a rate that gets used in real estate investments most often. It calculates the cash income earned from the amount of money invested in the property. You’re receiving a figure that’s based on the annual return the investor makes in relation to the amount paid in monthly mortgage obligations. It’s one …
By Sandra Hayes When you reach your twenties, life seems to open up for you. Whether you choose to go to college or pursue a career right away, the freedom and opportunities that come with it can be exhilarating. But you need to know how to have financial success. That’s why you need to take care of yourself …
By Sandra Hayes How much house do you think your family can afford? Houses are typically the most significant purchases that a family makes. Figuring out how much you can afford is one of the first steps toward a home buying budget. If you follow these steps, then you can get an approximation of how much house you …