When it comes to assets and investments you’ve probably asked yourself what is a liquid asset? A liquid asset is one that can be easily converted to cash if needed. These assets are readily available and are an important part of building wealth. Since liquid assets are the most common form, chances are you already have several different types. This …

Did you know that the average American spends more than $200 every year playing the lottery? From buying Powerball tickets to purchasing scratch-offs, people spend money on the lottery in many different ways. This results in the U.S. as a whole spending over $70 billion per year playing the lottery. Almost everyone gets in on the action at some point, especially now …

Is your credit score lower than 579? If yes, you’ve got poor credit. You’re not alone, though. About 30 percent of Americans have bad or poor credit. The consequences of poor credit are well-documented: getting approved for a traditional loan is hardly possible, landlords can reject your rental application, and you can even miss out on a finance-related job. If you’ve …

As the owner of a car dealership, you may have hundreds of cars on your lot or in your showroom. It’s impossible to fully insure every individual car you’re selling. So how do you choose the right car dealership insurance for your business? You want to serve your customers, not worry about risks to your company. You already have to think …

You gain many benefits for your small business when you integrate an option for accepting credit cards. You could be losing valuable customers if you’re not using this technique. Since most consumers rely on credit cards to make a purchase, it makes sense for you to provide a credit card payment option. This could be a smart solution to make …

The amount owed in student loans in the U.S. has reached a collective $1.6 trillion. This encompasses all types of student loans. Before taking out student loans you need to have a plan to repay it. It’s easy to get into debt. Students are encouraged to pursue college without a realistic expectation for how they will pay for their education. Students that do …

With so many choices on where and how to invest and save your money, it can be difficult to figure out what is going to work best for you and your financial goals. Sometimes it is helpful to have a no-nonsense guide to who and what financial institutions are and what they do. Here is a break down of the …

Investing in your future is the smartest decision you can make. That’s why it’s important to know when and how to hire the best financial advisors to make your assets grow. The world of financial investment is complex and ever-changing. If you want to invest soundly and minimize risk, it is essential that you hire an experienced financial advisor to …

A recent survey found that only 19% of Americans think they earn enough money. You may feel as though your income could do with a boost, but you may have no idea what you can do to change things. Is it a good idea to ask for raise? Perhaps you should look into changing jobs? Read on, and you’ll discover three …

Are you shopping for a loan or credit card? There are some basic financial terms that you should know. Only 39% of consumers know what the APR is on their credit cards. That lack of knowledge means that they could be paying an arm and a leg on their balance. The more you know about interest charges and other basic …