Staying out of debt is much more difficult than accumulating debt for many adults, especially when we have social media and innovative new forms of advertising pressuring us to spend, spend, spend on a near-daily basis. Perhaps unsurprisingly, the current statistics on Americans and debt are pretty abysmal: 55% of Americans with credit card(s) have debtU.S. households added $26 billion in credit card debt during the last 3 months of 2018 aloneApproximately 10% of Americans with credit cards have balances of $5,000 or higherThe average … [Read more...] about What Is a Debt Avalanche Method of Debt Repayment?
Earnings Per Share Growth is used to determine the profitability of a company by determining how much is the profit of the company per share of common stock outstanding after taking into account important stock dividends paid out during that particular year. In simple words, Earnings Per Share Ratio measures the amount of a company earns allocated on a per share basis. A company with higher earnings per share growth indicates that it has more profit for investors besides if you have funds you can invest it back into your business for … [Read more...] about How to Calculate Earnings Per Share Growth Easily?
The following is a guest post by Dr. Ken Druck, an international authority on Courageous Living and author of the new book “Raising an Aging Parent: Guidelines for Families in the Second Half of Life.” If you'd like to contribute a guest post to Money Q&A, be sure to check out the site's guest posting guidelines. In my work with families over the past 40 years, I’ve learned that conversations about sensitive subjects like money can be extremely difficult. Talking about money can be a source of great satisfaction and benefit or a … [Read more...] about Guidelines for Adult Children and Aging Parents When It Comes to Money
Ask most investing experts, and they’ll tell you that the best time to start building your portfolio was yesterday. The sooner you can begin putting money into stocks, securities, and other assets for your future, the quicker you can begin building returns on your investments that compound dramatically over time. Every year that you put your spare savings into your bank account is a year of wasted interest – that lost money can really build up over time. Unfortunately, a lot of younger people in their twenties assume that it’s impossible … [Read more...] about The Top Benefits of Investing at a Young Age
Purchasing your first home is a formidable life opportunity, but also a major undertaking that requires the utmost caution. Between finding the perfect property and dealing with lenders and mortgage applications, first-time homebuyers often commit lapses that can prove costly and harmful down the road. As with any investment, it does come with its fair share of risk, for those who do not pay attention to the fine prints. In case you’re looking to acquire the first property, we’ve compiled 8 of the most common mistakes to avoid for a … [Read more...] about 8 Mistakes to Avoid When Buying Your First Home
Thanks to all of the rewards credit cards available today, there are plenty of financial incentives to get us to spend more money (and sadly not very many incentives to save, with interest rates being as low/nonexistent as they are). Wouldn’t it be great if you could find an easy way to save money on purchases you were going to make anyway, without the cumbersomeness of clipping coupons from your local newspaper or searching the web for good deals? Luckily, there’s an app for that! It’s called Ibotta and it lets you instantly earn cash back … [Read more...] about Review of Ibotta – Earning Cash Back with the Ibotta App While Shopping